Daily LInks
1. Wanted: people who can learn to make €22,000 handbags. After years of rapid growth, driven by voracious demand from Chinese consumers, Europe’s luxury industry is facing acute hiring pressures for roles spanning everything from manufacturing to retail and management. – Read More on the FT
2. Hermes Boosts Kelly Bag Output With New Normandy Facility: Hermes inaugurated a leather-goods manufacturing facility in Normandy as the luxury brand seeks to meet rising demand for Kelly and Constance handbags. – Read More on Bloomberg
3. Model accuses former Harvey Weinstein associate of rape in lawsuit: A former model has filed a lawsuit claiming a one-time executive at movie studio Miramax raped her after luring her to a hotel with the promise of a meeting with the company’s then-Chief Executive Harvey Weinstein. – Read More on Reuters
4. Luxury Goods Account for 20% of Items Sold in 2022 by Crypto-Enabled Merchants: According to data compiled by BitPay, almost 20% of items purchased last year with crypto were luxury goods. This includes gold, jewelry, watches, exotic cars, boats, real estate, yachts, and handbags. – Read More on CryptoPotato
5. Uniqlo’s Parent Company Bets Big on Tiny RFID Chips: Newer and cheaper RFID chips, reader hardware, and software are enabling retailers to implement the tech at lower cost and with more precision. The cost of RFID tags has fallen from as high as 60 cents a tag a few decades ago to about 4 cents a tag. – Read More on the WSJ
6. Chipotle and Sweetgreen’s short-lived beef over a chicken burrito bowl gets resolved: The salad chain has decided to rename its new chipotle chicken menu item, following its fellow fast casual restaurant’s legal challenge over the previously named “Chipotle Chicken Burrito Bowl.” – Read More on NPR