Daily LInks
1. Unilever ice cream saga may sour ESG deals: The saga, which angered shareholders and alienated customers, may make Unilever – and maybe others – think twice before buying up companies holding strong views on geopolitics. – Read More on Reuters
2. Fendi Goes Back to School to Save Centuries of Italian Tradition: In Italy, recruiting younger workers is an issue for luxury brands. The small family firms that produce many of its supplies are facing the same problem and some are going out of business, raising the prospect that Italy could lose that precious know-how that has helped drive its economy for centuries. – Read More on Bloomberg
3. Shanghai releases new blueprint to boost consumption in the fashion industry: By 2025, Shanghai will cultivate a trillion-yuan-level fashion consumption market, with three to five leading firms, with an annual revenue over 100 billion yuan, 20 firms with an annual revenue of over 10 billion, 200 firms of over 1 billion yuan, and a batch of competitive firms with niche markets. – Read More on Shine.cn
4. Retailers Rethink In-Store Tech as Shoppers Return: Retail chief information officers are weighing technology developments that would streamline the in-store payment process, refocusing on an area they say has lagged behind. – Read More on the WSJ
5. What European companies are doing to help workers fight inflation: French fashion giant LVMH announced a bonus payment for 27,000 of its staff in France on Sept. 29 that would range from 1,000 euros to 1,500 euros. – Read More on Reuters
