1. The RealReal Shares 2024 Resale Report. The RealReal’s latest resale report highlights significant trends in the luxury resale market, offering insights into consumer behavior and sustainability practices. – Read More on The Impression
2. LEGO and Nike Announce Multi-Year Partnership. LEGO and Nike have launched a multi-year partnership, combining their brand strengths to create innovative and engaging products aimed at diverse markets. – Read More on Hypebeast
3. High and Low-Fashion Business Models Committing Big ESG Faux Pas. Both high-end and low-end fashion models are encountering significant issues with environmental, social, and governance (ESG) practices, raising concerns about sustainability in the industry. – Read More on Investment Magazine
4. Urban Outfitters is Departing from Its ‘Alternative Sensibility’ to Turn Around Namesake Stores. Urban Outfitters is altering its brand identity from its traditional ‘alternative sensibility’ to revitalize its core stores and appeal to a broader customer base. – Read More on Morningstar
5. Chanel Buys 25% Stake in Niche Swiss Watchmaker MB&F. Chanel has acquired a 25% stake in the Swiss watchmaker MB&F, marking a significant investment into high-end watchmaking to diversify its luxury portfolio. – Read More on Reuters