Daily LInks
1. European Retailers Try On Second-Hand Fashion. Clothing retailers have been attracted into the second-hand market by a combination of consumer demand and sustainability concerns but, while the market is expected to grow at a fast clip in the coming years, analysts caution that profitability looks set to be challenging for now. – Read More on WSJ
2. Amazon asks federal judge to dismiss the FTC’s antitrust lawsuit against the company. In its 31-page filing made in a federal court in Washington state, Amazon pushed back, arguing the conduct that the FTC has labeled anti-competitive consists of common retail practices that benefit consumers. – Read More on ABC
3. RELATED READ: FTC Accuses Amazon of “Illegally Maintaining Monopoly Power” in New Lawsuit. One of the most striking cases to be initiated under the watch of FTC Chairwoman Lina Khan, the FTC claims that “by stifling competition on price, product selection, quality, and by preventing its current or future rivals from attracting a critical mass of shoppers and sellers, Amazon ensures that no current or future rival can threaten its dominance.” – Read More on TFL
4. Unilever Faces ‘Greenwashing’ Probe by UK Watchdog. The maker of Dove soap and Cif cleaner may have been overstating the environmental qualities of certain products through the use of “vague and broad” claims, unclear statements and natural looking images and logos. – Read More on Bloomberg
5. Can Sustainability Drive Innovation at Ferrari? “We want our car to be really highly personalized. We want our car to deliver a unique emotional experience. We want our car to be sustainable. And we want our car to be culturally relevant.” – Hear More on HBR
6. Macy’s Billion-Dollar Question: What’s More Valuable, Real Estate or the Business? The bidders haven’t spelled out their intentions with the company and its operations. Investors in years past have said Macy’s ownership of hundreds of stores and real-estate parcels was as valuable as the retail business, if not more so. – Read More on WSJ