Daily LInks
1. The Luxury Business Comes Back to the U.S.: America loves luxury, and that’s a good thing for the industry, because with Shanghai in lockdown and European demand potentially hurt by the war in Ukraine, the U.S. once again is picking up the bling baton. – Read More on Bloomberg
2. How DAOs Could Change the Way We Work: The technology-centric nature of DAOs will result in rudimentary, algorithmic work being automated, freeing contributors up to be the most creative and useful versions of themselves and allowing them to spend more time on high-value activities. – Read More on HBR
3. The Resurrection of Retail: In 2021, online transactions accounted for a smaller share of overall purchasing and grew at a smaller rate than brick-and-mortar retail sales. “Research has shown that people still prefer in-store shopping.” – Read More on the Atlantic
4. Sheer joy in store as U.S. retailers stock up for bumper wedding season: Retailers are racing to tailor ensembles that capture that mood, with evening gowns and cocktail dresses taking pride of place at stores and websites as the U.S. prepares for 2.5 million ceremonies, the most since 1984. – Read More on Reuters
5. Musinsa’s counterfeiting scandal pours cold water on online luxury market: A scandal involving Korea’s largest fashion platform, Musinsa, has raised concerns among online luxury goods sellers that the recent incident could pour cold water on the rapidly growing online retail market. – Read More on Korea Times
6. ‘Big oil’ is propping up the fast fashion industry, how do we stand up for human rights? “It doesn’t matter whether you’re buying second hand. It doesn’t matter whether you’re renting, it doesn’t matter whether you’re buying. What really matters is how many times you’re going to wear it.” – Read More on EuroNews