1. China’s Richest Shoppers Hold the Key to Luxury’s Future: As China moves away from its long-held Zero-Covid approach, the luxury industry (and its investors) hopes the country’s reopening will make up for a sputtering US, which has been the engine of high-end growth for the past two years. – Read More on Bloomberg
2. 2022: A Tumultuous Year in ESG and Sustainability. The past year has been a challenging one for companies on the ESG front. Overlapping environmental, social, and political crises — from flooding and wildfires to the first war in Europe in 80 years — have made the jobs of leaders that much harder. – Read More on HBR
3. Apple Watches violate AliveCor patents but import ban on hold -U.S. ITC: Apple Watches with an electrocardiogram (ECG) function infringe patents belonging to medical device maker AliveCor Inc, the U.S. International Trade Commission affirmed on Thursday. – Read More on Reuters
4. Eyeliner Out of Stock? Blame TikTok: From makeup to Dash miniature waffle makers and Stanley water tumblers, items are going viral on TikTok and other social-media platforms, launching seemingly modest products into booming sales and making the items nearly impossible to find. – Read More on the WSJ
5. How virtual clothes could help solve fashion’s waste problem: Digital spaces could be used as a testbed for the physical world. For example, a designer could release an item of digital clothing in 10 colors in the metaverse, and use the sales data to inform which colors to use for the real-world version. – Read More on CNN