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1. How Keeping Quiet About Politics Helped Uniqlo Become China’s Favorite Fashion Brand: Uniqlo made about a quarter of its overall revenue, 532 billion yen ($4.2 billion), in China last fiscal year. That’s about three times its sales in North America and Europe combined. – Read More on Bloomberg

2. Etsy CEO Josh Silverman Stands by Strategy of Competing With Amazon: “I think there will be fewer and fewer places online to buy things, and in order to be one of those few places that can truly stand next to Amazon, you’ve got to do something different.” – Read More on the WSJ

3. Brunello Cucinelli touts strength of luxury goods, stands by 12 percent growth expectations for 2022: “We have assumed that the Russian market will account for around 4% of total sales in 2022, a significant reduction compared to the results for 2021 and 2020.” – Read More on Yahoo

4. UBS expects 50,000 store closures in the U.S. over the next 5 years after pandemic pause: UBS is now projecting between 40,000 to 50,000 retail stores in the United States closing over the next five years, down from the 80,000 closures it previously forecasted. – Read More on CNBC

5. “The mall is not dead” despite increase in online shopping: “Consumers are still going into the malls. And they will continue to go into the stores. It’ll depend obviously on the location geographically, but we’ve seen a significant increase in movement into the brick and mortar over the last maybe six months, nine to six months.” – Read More on Yahoo