Daily Links

1. White House adviser accuses Amazon’s Jeff Bezos of backing out of meeting on fake products: Navarro said Trump is also angry over the trade of counterfeit goods on Amazon and “thinks it’s outrageous what the e-commerce platforms are getting away with” at the expense of brick-and-mortar retail stores in the United States. – Read More on the Washington Post

2. The North Face’s latest quest? Clothes that last forever: “As designers, we’re thinking about how to design products that will perform when the customer uses it, but … we’re thinking about what happens at the end of the garment’s life. We can focus on extending the product’s lifespan and finding new purposes for it when it’s finally beyond use.” – Read More on Fast Co.

3. This was the worst holiday for Macy’s foot traffic since at least 2016: Virtually all department stores closed stores in 2019, and some — like Barney’s — called it quits entirely. And while Macy’s foot traffic outpaces that of other department stores, this downward trend in holiday pickup will not be a good thing for the business when it reports holiday sales in its next earnings report. – Read More on Thinknum 

4. Why LVMH Invested in a Beauty Brand Sold at Target: Versed, a ‘clean’ beauty range that debuted last spring, has an unlikely new backer: the world’s largest luxury conglomerate. The investment in Versed signals new priorities for LVMH: a desire to get into clean skincare, and, potentially, a new focus on mass-market beauty. – Read More on BoF 

5. Amid climate crisis, fashion rethinks the runway show: Brands are increasingly offsetting the impact of runway shows and some are treating fashion month as an opportunity to convene and rethink the industry’s business model for greater sustainability, but critics argue fashion week still perpetuates the bigger problem of overproduction and conspicuous consumption. – Read More on Vogue Biz

1. Why some DTC brands are pulling out of Amazon: Concerns include increasingly competing with counterfeit items, as well as difficulty handling customer service independently from Amazon. All three companies had frustrations with the opaque algorithm that favors some items over others, along with a lack of access to their own customers’ data. – Read More on Modern Retail

2. With lipsticks, Hermes branches into competitive cosmetics world: The roll-out of its nearly $70 lipsticks brings more accessible ranges to a company known for bags that can sell for over $10,000, while cosmetics are often a highly profitable sideline for fashion firms. – Read More on Yahoo

3. RETRO READ: What is the State of Luxury’s Hundred Million Dollar Licensing Deals? Forget the runway. What consumers across the globe are buying – and buying a lot of – you are not going to find there. Instead, you will find them coming from Coty or Luxottica or Interparfums. – Read More on TFL

4. LVMH set to raise $10 billion-plus from bond markets for Tiffany deal: The company is also set to achieve an extremely attractive funding rate with a portion of the debt likely to carry a negative yield, by Reuters calculations. Such a rate could potentially provide encouragement for other companies planning acquisitions. – Read More on Reuters 

5. On TikTok, who owns a viral dance? “Renegade” and the thorny ethics of the world’s most popular dance memes. The Renegade is just one of the dozens of viral internet dances whose choreographers have gone largely unacknowledged as they take over the world. – Read More on Vox

6. The drive toward sustainability in packaging: Consumer awareness to packaging waste in oceans and landfills is driving change, and some of the largest and most developed countries and regions are taking significant steps to introduce regulations to drive sustainability. – Read More on McKinsey

1. Too nice for the likes of us: why buying fancy stuff makes us miserable. Despite consumers’ expectations that buying a Gucci belt or a Hermès scarf would prove a pick-me-up, they actually experienced a “dissonance between what luxury represents and who they truly are,” according to a recent study. “And that generated what we call the impostor syndrome of luxury consumption.” – Read More on the Guardian

2. Italy sees fashion sales hit due to China virus, Pandora warns of business freeze: Italy’s fashion industry expects revenues to fall 1.8% in the first half of 2020 due as the coronavirus outbreak hits sales, an industry official said on Tuesday, as jewelry maker Pandora warned business in China had ground to a halt. – Read More on Reuters

3. What Is the Future of the Fashion Show? “The purpose of fashion shows  is to help luxury brands communicate and to continue to make that brand’s audience dream. What that means [for the future] is that we need to continue to make people dream in a more efficient, shorter way, and in a way that the POV of the audience matters more than the one from the traditional media.” – Read More on Vogue

4. People of color speak up about navigating the fashion industry: Designers that borrow from a particular culture’s aesthetic may be attempting to show cultural appreciation. However, insufficient research can turn this into a clear act of cultural appropriation.” – Read More on Fashion Journal

1. More retailers file for bankruptcy twice as they struggle with rising debt, pressure from Amazon: Part of the problem is that it is only becoming more difficult to remain relevant as a retailer in an age where Amazon is dominating more categories online as consumers shop from their couches instead of in stores. – Read More on CNBC

2. Prada’s New Fans Could Be Fashion Victims: The label’s shares are now almost as expensive as those of ultra-luxurious Hermès as a multiple of projected earnings. Chances are, the stock is benefiting from speculation about which luxury brand will be taken over next. – Read More on WSJ

3. Direct-to-consumer’s lasting impact on fashion: Fashion and beauty upstarts like Outdoor Voices, Everlane and Glossier have demonstrated how to market to customers online without the help of multi-brand retailers and, in doing so, gave customers a new way to shop. – Read More on Vogue Biz

4. A Top L Brands Executive Complained of Harassment. Then She Was Locked Out: Monica Mitro was until last fall the executive vice president of public relations for Victoria’s Secret, raising serious questions about L Brands’ commitment to its policy of protecting against retaliation. – Read More on the NY Times

5. Farfetch raises $250M to accelerate global growth: The investment capital will support its long-term strategy as it aims to become an international tech platform for luxury brands, including in the Chinese market, according to a company statement. – Read More on Retail Dive

1. ‘Angels’ in Hell: The Culture of Misogyny Inside Victoria’s Secret. A Times investigation found widespread bullying and harassment of employees and models for decades by one of the top executives at L Brands, the parent company of Victoria’s Secret, who “tried to kiss models, asked them to sit on his lap,  touched one’s crotch ahead of the 2018 Victoria’s Secret fashion show.” – Read More on the New York Times 

2. Brexit is here. What’s next for fashion? The fashion sector in the UK, built on duty-free access to the EU, is facing the risk of export tariffs into its biggest trading partner from 2021 onward. – Read More on Vogue Biz 

3. Moda Operandi, an online marketplace for high-end fashion, raises $100M led by NEA and Apax: Moda Operandi, an online marketplace that specializes in right-off-the-runway luxury fashion, accessories and home decor, is today announcing a high-priced event of its own: it’s raised $100 million. – Read More on TechCrunch 

4. Nike prototype Vaporfly shoe banned but current version going to Olympics: Nike Vaporfly shoes used to run the world’s first sub-two hour marathon will be banned from professional sport under a landmark decision on Friday that also allows currently sold versions of the high-tech shoes to be used in the Olympics. – Read More on Reuters

5. RETRO READ: Nike’s Move in the “Race for a Breakthrough Foam?” The Vaporfly 4%, a Sneaker that Makes Athletes Run “Too Fast.” – Read More on TFL

6. Underground Designers Thriving in Iran’s Fashion Market: In the past ten years or so, with the advent of social media that allowed underground designers to showcase their creations and share them with others, underground fashion has experienced a boom. – Read More on Radio Farda 

7. Luxury Brands Fear Sales Hit as Chinese Shoppers Stay Home: The industry’s most important clientele, Chinese consumers are quarantining themselves at home and canceling trips abroad, where they often splurge on Louis Vuitton, Gucci, Cartier and other high-end brands. In Paris, luxury boutique staff are reporting a sharp drop in Chinese shoppers.