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