1. Nigeria’s plus-size market fights for inclusivity: Globally the plus-size market is estimated to reach close to $700 billion by 2027 with an impressive CAGR of 5.9% from 2021 to 2027. – Read More on Quartz
2. Prada CEO says first 4 months strong despite Russia, China: Russia accounts for just 2% of group sales, but China “is important and for the past 15 days we have had more than 50% of our shops closed.” – Read More on Reuters
3. L Catterton Explores Sale of Jeweler John Hardy: The LVMH-affiliated consumer-brand focused buyout firm is seeking to fetch about $200 million for the business. – Read More on Blomberg
4. RETRO READ: How Abercrombie Ended up Being Sued by 250,000 Employees. Abercrombie boasted a network of 700 dimly-lit and thoroughly fragranced stores, 22,000 strikingly attractive employees and nearly $2 billion in annual sales. – Read More on TFL
5. China Signs Forced Labor Treaties as Xinjiang Scrutiny Grows: The nation’s top legislative body decided Wednesday to sign onto the Forced Labor Convention and Abolition of Forced Labor Convention. Meanwhile, the U.S. plans to ban Xinjiang goods due to forced labor concerns – Read More on Bloomberg