--- title: Traub Weekly Consumer News // July 11, 2023 description: Here's our weekly roundup of recent consumer and retail news. This week, Lululemon partners with Zalando, Heineken is disrupting non-alcoholic beer, and more.  image: https://images.wsj.net/im-813577/?width=1278&size=1 --- [![logo-vert-traub (2)](https://blog.traub.io/hs-fs/hubfs/TRAUB_September2019/Image/logo-vert-traub%20(2).png?width=456&height=312&name=logo-vert-traub%20(2).png "logo-vert-traub (2)")](http://traub.io/) - [Who We Are](https://www.traub.io/who-we-are/) - [What We Do](https://www.traub.io/what-we-do/) - [Meet Our Team](https://www.traub.io/our-team/) - [See Our Work](https://www.traub.io/case-studies/) - [Read Our Content](https://www.traub.io/read-our-content/) - [Traub Capital](https://www.traub-capital.com/) # Traub Weekly News Roundup // July 11, 2023 By [TRAUB](https://blog.traub.io/blog/author/traub) On July 11, 2023 [![Share on facebook](https://cdn2.hubspot.net/hub/3275719/hubfs/hs_marketplace_assets/modules/Social_Sharing/81/facebook-color.png?width=24&name=facebook-color.png)](https://blog.traub.io/blog/linkedin.com/company/traub-consulting) [![Share on linkedin](https://cdn2.hubspot.net/hub/3275719/hubfs/hs_marketplace_assets/modules/Social_Sharing/81/linkedin-color.png?width=24&name=linkedin-color.png)](https://www.linkedin.com/company/traub-consulting/) [![Share on email](https://cdn2.hubspot.net/hub/3275719/hubfs/hs_marketplace_assets/modules/Social_Sharing/81/email-color.png?width=24&name=email-color.png)](mailto:info@traub.io) Here's our weekly roundup of recent consumer and retail news. This week, Lululemon partners with Zalando, Heineken is disrupting the non-alcoholic beer industry, and more.  --- **WORDS FOR THE WEEK** ![IMG_0386](https://blog.traub.io/hs-fs/hubfs/IMG_0386.jpg?width=320&height=394&name=IMG_0386.jpg)   **M&A and INVESTMENTS** - Kering Paid $3.8 Billion for Creed [BoF](https://www.businessoffashion.com/news/beauty/kering-paid-38-billion-for-creed/) - JD Sports to pay $545 million for full control of Iberian business [Reuters](https://www.reuters.com/business/retail-consumer/jd-sports-pay-545-mln-full-control-iberian-business-2023-07-07/) - Half Magic Beauty secures investment round led by Alliance Consumer Group [Glossy](https://www.glossy.co/beauty/euphoria-makeup-lead-donni-davys-half-magic-beauty-secures-investment-round/) - Mars to buy healthy meal maker Kevin’s Natural Foods for an undisclosed amount [Food Dive](https://www.fooddive.com/news/mars-to-buy-healthy-meal-maker-kevins-natural-foods-for-an-undisclosed-amo/684951/) - Inter Parfums Picks Up Cavalli License [WWD](https://wwd.com/beauty-industry-news/beauty-features/exclusive-inter-parfums-cavalli-license-1235730080/) - Microsoft-Activision deal can proceed after judge rejects F.T.C. delay [CNBC](https://www.cnbc.com/2023/07/11/microsoft-activision-deal-moves-closer-as-judge-denies-ftc-injunction.html)   ## **INDUSTRY NEWS** **CPG** Jenny Craig will be revived for e-commerce by the owner of diet meal maker Nutrisystem Wellful Inc., a direct-to-consumer wellness business that also owns Nutrisystem, said it had acquired rights to Jenny Craig’s intellectual property for an undisclosed amount. [CNBC](https://www.cnbc.com/2023/07/05/jenny-craig-will-be-revived-for-e-commerce-by-owner-of-nutrisystem.html)   Snoop Dogg’s pet care line is entering Petco, PetSmart and Kohl’s The line currently consists of dog clothing, toys and accessories like harnesses, hats and food bowls. [Retail Dive](https://www.modernretail.co/operations/snoop-doggs-pet-care-line-is-entering-petco-petsmart-and-kohls/)   Subway will now freshly slice its deli meats in U.S. stores. The chain’s roughly 20,000 US locations will freshly slice their deli meat, marking Subway’s biggest change since two years ago, when it began refreshing its menu offerings, ingredients and restaurant appearances to boost once-sagging sales and make itself an attractive acquisition target. [CNN](https://www.cnn.com/2023/07/05/business/subway-sliced-meat/index.html)   Care/of launches on Amazon Expanding its base of retail outlets, DTC vitamin and supplements brand Care/of on Thursday launched on Amazon. [Retail Dive](https://www.retaildive.com/news/care-of-launches-amazon-dtc/685206/)   How Heineken disrupted the staid non-alcoholic beer industry While the brand was the best-selling offering in the category in 2022, Heineken 0.0 wasn’t always a sure thing for the Netherlands-based brewer. [Food Dive](https://www.fooddive.com/news/how-heineken-disrupted-the-staid-non-alcoholic-beer-industry/652333/)   Inside Aldi’s strategy to slash grocery prices Americans continue to face higher bills at grocery stores. This summer, grocery chain Aldi is trying to stand out by cutting prices back on dozens of items. [Modern Retail](https://www.modernretail.co/operations/inside-aldis-strategy-to-slash-grocery-prices/)   Love Wellness Enters Walmart Lo Bosworth’s women’s wellness brand will launch six gut and vaginal health-supporting products at 1,600 doors. [WWD](https://wwd.com/beauty-industry-news/wellness/love-wellness-walmart-launch-1235729330/)   ![](https://images.wsj.net/im-813577/?width=1278&size=1) The Supermarket Aisle Where Prices Are Still Soaring Cost increases for meat, eggs and produce have been tamed, but inflation is running hot in grocery stores’ inner aisles, home to packaged food and household goods. [WSJ](https://www.wsj.com/articles/inflation-groceries-cookouts-chicken-eggs-prices-88ac75d0?st=8g8xff0263bt5jd&mod=e2li)     **RETAIL** Virtual stores are the experimental concept of the summer Around this time of the year, retailers usually dedicate part of their resources to experimenting with in-store experiences through pop-ups. While pop-up stores are still a popular investment, more retailers have been working to improve online shopping through virtual stores. [Modern Retail](https://www.modernretail.co/technology/virtual-stores-are-the-experimental-concept-of-the-summer/)   Lululemon to sell clothes, accessories via Zalando Lululemon chose Zalando as its partner to offer its products to European customers in Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Italy, Poland, Spain, Sweden and the Netherlands. [Retail Dive](https://www.retaildive.com/news/lululemon-selling-clothes-zalando-european-retailer/684920/)   First Angry Birds Retail Café to Open in New York City “iSwii by Angry Birds” will feature pastries, cakes & confections, bubble teas & coffees, gaming, a retail section and photo opportunities. [WWD](https://wwd.com/fashion-news/fashion-scoops/angry-birds-cafe-new-york-city-1235728606/)   Reformation Opens A New NYC Flagship, Taking Its Tech-Forward Retail To The Next Level What makes the Reformation store experience unique isn't just the existence of technology but the way the company uses the data it collects from it. [Forbes](https://www.forbes.com/sites/brinsnelling/2023/07/07/reformation-opens-a-new-nyc-flagship-taking-its-tech-forward-retail-to-the-next-level/?sh=3fae3e8d41d5)   Reality Bites As Even Christmas Is Canceled In Retail Week Of Woe A host of store closures are now imminent at Christmas Tree Shops, Tuesday Morning and BuyBuy Baby after saviours failed to materialize. [Forbes](https://www.forbes.com/sites/markfaithfull/2023/07/10/reality-bites-as-even-christmas-is-canceled-in-retail-week-of-woe/?sh=4db17e2b2ec4)   ![](https://www.modernretail.co/wp-content/uploads/sites/5/2023/07/JSClassicTees3.jpg?w=1280&h=640&crop=1) Why JanSport is going beyond backpacks for back-to-school JanSport is taking advantage of Gen Z’s taste for nostalgia by expanding beyond its iconic backpacks to apparel and accessories in time for back-to-school. [Modern Retail](https://www.modernretail.co/marketing/why-jansport-is-going-beyond-backpacks-for-back-to-school/)   Crate And Barrel Takes A Purposeful Turn As Home Furnishing Demand Drops Crate & Barrel is adapting to changes in the home market by filling in the gaps with multifunction, practical items and expanded services. [Forbes](https://www.forbes.com/sites/pamdanziger/2023/07/08/crate-and-barrel-takes-a-purposeful-turn-as-home-furnishing-demand-drops/)   Amazon Prime Day Isn’t the Only Game in Town Anymore The e-commerce giant’s rivals are planning their own sales events, while Shein and Temu are luring consumers with the promise of year-round discounts. [BoF](https://www.businessoffashion.com/briefings/retail/amazon-prime-day-isnt-the-only-game-in-town-anymore/)   Retailers Set Higher Bars for Free Shipping as Delivery Costs Surge Macy’s, Neiman Marcus and Abercrombie are among merchants raising thresholds for what shoppers must spend to get free delivery. [WSJ](https://www.wsj.com/articles/retailers-set-higher-bars-for-free-shipping-as-delivery-costs-surge-3c8b9a39)     **TECH** TikTok Rivals Amazon With $20 Billion Shopping Pilot The social media platform’s shopping program is its fastest-growing feature, with a burgeoning fan base in Southeast Asia. [BoF](https://www.businessoffashion.com/articles/technology/tiktok-rivals-amazon-with-20-billion-shopping-pilot/)   Instagram’s Threads app reaches 100 million users within just five days Instagram’s text-based app Threads has achieved the mark of 100 million signups in just five days. The Twitter rival was launched on July 6. [TechCrunch](https://techcrunch.com/2023/07/10/instagrams-threads-app-reaches-100-million-users-in-just-five-days/)   Amazon partners with travel site Priceline in a first for Prime Day Retail spending has slowed, but U.S. consumers have kept spending on experiences like travel. Amazon is broadening its offerings to boost sign-ups as travel companies look to fill hotel rooms. [Reuters](https://www.reuters.com/technology/amazon-partners-with-travel-site-priceline-first-prime-day-2023-07-10/)   Apple launches online store on China’s giant WeChat messaging app Apple launched an official WeChat Mini Program in China to sell its products. WeChat is China’s biggest messaging app and is operated by Tencent. [CNBC](https://www.cnbc.com/2023/07/11/apple-launches-wechat-store-in-china.html)     **HOSPITALITY** Resorts Tap Into Growing Wellness Tourism Market Hotels, like The Mark and Waldorf Astoria Beverly Hills, are partnering with brands to expand their on-site wellness offerings. [WWD](https://wwd.com/beauty-industry-news/wellness/resorts-tap-into-growing-wellness-tourism-market-1235723113/)     COMINGS & GOINGS - Major League Pickleball names new CEO and COO [CNBC](https://www.cnbc.com/2023/07/05/major-league-pickleball-names-new-ceo-coo.html) - Cannabis Pioneer MedMen Names Fifth CEO In 3 Years As Company Teeters On Brink Of Collapse [Forbes](https://www.forbes.com/sites/antoniopequenoiv/2023/07/05/cannabis-pioneer-medmen-names-fifth-ceo-in-3-years-as-company-teeters-on-brink-of-collapse/?sh=1a5475c37125) - Adidas global HR chief Amanda Rajkumar to exit [Retail Dive](https://www.retaildive.com/news/adidas-global-human-resources-chief-amanda-rajkumar-exits/684944/) - Oatly taps Mars alum for CFO [Food Dive](https://www.fooddive.com/news/oatly-taps-mars-alum-cfo/686248/)   GOOD READS - Lessons From Influencer Marketing Mishaps [BoF](https://www.businessoffashion.com/articles/marketing-pr/lessons-from-influencer-marketing-mishaps/) - Mattel’s Risky Bet on a Feminist Barbie Movie Just Might Work [Bloomberg](https://www.bloomberg.com/features/2023-barbie-movie-mattel/?srnd=businessweek-v2&leadSource=uverify%20wall) ### Subscribe Here! 477 Madison Avenue, 18th Floor New York, NY 10022 (646) 723-2990 [info@traub.io](mailto:info@traub.io) ![TRAUB](https://blog.traub.io/hubfs/TRAUB_September2019/Image/traub-logo.png) - [Who We Are](http://traub.io/who-we-are/) - [What We Do](http://traub.io/what-we-do/) - [Meet Our Team](http://traub.io/our-team/) - [See Our Work](http://traub.io/case-studies/) - [Read Our Content](http://traub.io/read-our-content/) - [Traub Capital](https://www.traub-capital.com/) Traub © 2023