Lauren Indvik

Warby Parker Cofounder Has a New Vision: Barbershops



It was three years before Warby Parker, a startup that began selling stylish prescription lenses online in 2010, opened up its first physical store in New York City’s SoHo district. It took Harry’s, the shaving products company launched by Warby Parker cofounder Jeff Raider earlier this year, just seven months.

On Monday, Harry’s — which specializes in low-priced ($10 to $25) razors and grooming kits for men — is opening a full-service barbershop called The Corner Shop at 64 MacDougal St., just five blocks away from Warby Parker’s flagship location. The Corner Shop offers visitors a haircut ($35) or shave ($30) in one of two barber chairs, as well as products from Harry’s and from third-party brands recommended by the shop’s two veteran barbers. Read more…

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Does AOL Have a Fighting Chance Against YouTube?



When one thinks of the major players in online video, YouTube, Netflix, Hulu, Vimeo, perhaps even Amazon first to mind — not AOL.

Tim Armstrong, CEO of AOL (pictured, right), and Susan Lyne, the former ABC Entertainment president who was appointed CEO of AOL’s Brand Group in late February (pictured, left), are out to change that — lured no doubt by lucrative forecasts for online video advertising

AOL is a small but growing entity in the video space, bringing in around $100 million in video revenue last year, according to Armstrong. (YouTube, by comparison, is estimated to have generated $4 billion that year.) Read more…

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‘OC Register’ President: It’s a Mistake Not to Invest in Print



Over the past eight years, newspapers have seen budgets cut and newsrooms shrink as readers — and more crucially, advertisers — have shifted from print to digital devices. To combat those shifts, publishers have drastically cut costs, reduced (or in some cases, completely halted) publication of their print editions, redirecting resources to digital editions and ad products instead.

Eric Spitz, president and co-owner of Freedom Communications and its flagship newspaper, The Orange County Register, believes those publishers are making a big mistake. In July 2012 Spitz, along with Aaron Kushner, founder of private equity/newspaper holding company 2100 Trust LLC, purchased Freedom Communications and its assets, which in addition to the OC Register include a number of other local newspapers and magazines including Coast Magazine. Read more…

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Eric Schmidt: The Future of Magazines Is on Tablets



Eric Schmidt has seen the future of magazines, and it’s on the tablet.

At a Magazine Publishers Association conference on Wednesday, the Google chairman took the stage with Wired editor-in-chief Scott Dadich to talk about the future — it’s mobile — and how magazines fit into it. The latter isn’t a subject he’s devoted much thought to, Schmidt admitted, but he is confident that magazines’ future is not in print, but on tablets

“Tablets are now more popular than PCs,” he said. “You can read it, it knows where you are, it has an accelerometer. There are all sorts of stuff [publishers] can do in tablet magazines [that they] couldn’t do in print magazines.” Read more…

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eBay Now Acquires Chief Rival as It Expands Same-Day Delivery Service



eBay is aggressively expanding its same-day delivery service. At a presentation in Manhattan Tuesday morning, Devin Wenig, president of eBay Marketplaces, announced the company has acquired one of the biggest competitors of eBay Now, a UK-based startup called Shutl that arrived in the U.S. in February.

The acquisition will help eBay Now reach 25 geographic markets by the end of 2014, including London. The service is already available in New York and San Francisco and, as of this morning’s announcement, Chicago. Dallas will be added to the list of available markets later this year.

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How StyleSaint Is Redefining Fashion Design



StyleSaint, an Los Angeles-based apparel design and retail company, has an unusual origin story. It did not begin with an apparel product: Rather, it started as a community-driven self-publishing platform, inviting Internet users to create their own online magazines, or “tear sheets,” with inspiring imagery that they could then embed on their blogs or share on social media. Months later, StyleSaint‘s founder and chief designer, Allison Beal, used those early tear sheets to inspire her first collection — a collection she could be confident would appeal to StyleSaint’s passionately style-driven community. Read more…

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‘Perfect Fit’ Bra Site True&Co Launches Own Label



It was only a matter of time: True&Co, a retail site that helps shoppers find perfect-fitting bras “via algorithm,” announced Monday that it is launching its own label.

The new private collection, called She Walks in Beauty (+Light), is now among the hundreds of intimate-apparel products offered to shoppers. Designed by new creative director Nikki Dekker, the collection features 10 pieces, including bras, panties and silk separates in black, nude and mint hues. Prices range from $22 to $88.

The 2-year-old company based in San Francisco has distinguished itself through a unique selling model designed to help women find better-fitting bras without having to take a tape measurer to their busts Read more…

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Hulu Names Fox’s Mike Hopkins as CEO



Hulu board member Mike Hopkins is the new CEO of the streaming video company, the company announced Thursday. Andy Forssell, who has served as acting CEO since founder Jason Kilar departed in March, is leaving the company.

Hopkins has been a member of Hulu’s board since 2011. Most recently, he served as president of distribution for Fox Networks Group, a division of 21st Century Fox, a position he has held since 2008. As head of distribution at Fox, Hopkins oversaw the collection of programming fees from broadcast affiliates and pay TV systems. He was also responsible for obtaining distribution for Fox Sports 1. Hopkins will be based at Hulu’s headquarters in Los Angeles. Read more…

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Rent the Runway Sets Up Shop in Henri Bendel



From BaubleBar and Everlane to Indochino and Warby Parker, online-native apparel and accessories brands have taken to pop-up stores as a way to reach new customers and forge deeper connections with existing ones. On Thursday, Rent the Runway joined the pack, unveiling an impressive showroom installation at the storied Hendri Bendel department store at 712 Fifth Avenue in New York.

From 10 a.m. to 8 p.m. from Monday to Saturday (and noon to 7 p.m. on Sundays), shoppers can examine a selection of dresses and accessories from the company’s 175 brands, which include Badgley Mischka and Vera Wang. Typically, a customer rents a dress for a special occasion, like a wedding, from; to increase the chances it will fit, the company sends the dress in two sizes, which the customer returns in either a four- or eight-day window. The benefit of the Hendri Bendel showroom is the ability to test fit first-hand: Customers will be able to try on a wide array of dresses and accessories, which they can rent on a number of future occasions. Read more…

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Amazon Begins Shipping Wine to New York, Michigan



Amazon announced Thursday that it’s expanding wine delivery to four more states: New York, Michigan, Arizona and Louisiana.

That brings the total to 20 states — Arizona, California, Colorado, Connecticut, Florida, Idaho, Illinois, Iowa, Louisiana, Maryland, Michigan, Nebraska, Nevada, New York, North Carolina, Oregon, South Carolina, Texas, Washington and Wyoming — plus the District of Columbia. Shipping costs a flat $9.99 for up to six bottles of the same wine. There are no free or reduced shipping options for Amazon Prime members.

Amazon relaunched its wine marketplace 11 months ago, offering a little more than 1,000 wines for delivery in 12 states. Today, the marketplace offers more than 5,000 wines from 700 merchants. Four-fifths of those wines are from American wineries; the remaining fifth have been sourced from regions in France, Italy and Australia, among international locales. Read more…

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