Weekly Industry Brief: 7.5.2016

Happy Tuesday! Here is your weekly industry recap of news from the last week.  Sources can be found in the hyperlinked text after the headline.

Brand/Retailer:

  • Online shopping forces shift in inventory strategies. Link
  • Nordstrom to integrate Trunk Club ops, cut jobs. Link
  • Walmart squares up against Amazon with 2-day delivery across the U.S. Link
  • Amazon Prime day is back on July 12. Link
  • Adidas and Kanye West expand their partnership with planned sports gear and Yeezy retail stores. Link
  • VF Corp sells contemporary brands segment for $120 million. Link
  • Mac’s new initiative aims to expand the brand’s relationship with fashion. Link
  • Zalando driving innovation with diversity. Link
  • Synthetic spider silk could be the biggest technological advance in clothing since nylon. Link
  • Amazon is quietly eliminating list prices. Link
  • Netflix is coming to Comcast cable TV. Link
  • LVMH is looking for startups to bring personalization to its brands. Link
  • Nike co-founder Phil Knight retires from board. Link
  • Reformation is opening new stores, first up in San Francisco. Link
  • Amazon begins selling perishable private-label foods. Link
  • Victoria’s Secret promotes bras without padding as it responds to athleisure trend. Link
  • UPS adds locker locations for shipment pickups. Link

Marketing/Social:

  • Instagram’s evolution as a business platform. Link
  • How Time Inc’s new video-only platform hopes to unearth the next big digital star. Link
  • Farfetch teams with Apple on music channel for fashion site. Link
  • Chipotle launches loyalty program to get customers and data. Link
  • Facebook puts friends above publishers in “News Feed Values” and ranking change. Link
  • Twitter is putting together a team focused on VR and AR. Link
  • Pinterest is soon launching a way to search for products with your smartphone camera. Link
  • Twitter estimates that it has 10 million users in China. Link

Start Up:

  • A drone start-up explores underwater. Link
  • HourlyNerd, the Uber of business consultants, snags $22M. Link
  • Mattress startup Casper to sell via West Elm and internationally. Link

International:

  • A South Korean copy of Snapchat takes off in Asia. Link
  • Brexit gives Europeans $15,000 discount on Cartier watch. Link
  • China’s JD.com says Brexit could boost imports of British goods. Link
  • Brexit vote sends tourists flocking to London to purchase luxury goods. Link
  • eCommerce winners and losers in the wake of Brexit. Link
  • The consolidation of India’s overcrowded e-commerce sector has begun. Link
  • Alibaba has a new online system to remove fake goods from its site. Link
  • JD.com loses luster as hedge funds backpedal amid slowing growth. Link
  • Alibaba’s plans for online to offline go off track. Link

Mobile/Emerging Tech:

  • NBC will offer 85 hours of VR Olympics programming, courtesy of Samsung. Link
  • Wireless generation: why sports bras and bralettes are disrupting women’s underwear. Link
  • Rimmel’s new augmented reality app lets users nab real life makeup looks. Link
  • How augmented reality and iOT will recreate business environments. Link
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