;
Image: Chanel
Share

1. Chanel, stung by backlash over US$825 advent calendar, says it will be ‘much more cautious’ with launching products: The pushback began in China, when in early November a Chinese blogger made a video reviewing the product and criticizing the brand for featuring only five actual beauty items and mostly items of low value. – Read More on SCMP

2. E-commerce retailers’ hiring spree shows robots not ready for many human tasks: An accelerated move to automation during the pandemic prompted many e-commerce retailers to rethink business processes and retool jobs in critical areas. Even so, the industry is still in dire need of more human workers. – Read More on S&P Global

3. T.J. Maxx and Off-Price Retail: Even with tighter inventory this year, they managed to find products that consumers wanted to buy. Next year, the sector will likely have a larger selection to choose from as containers arrive months later than the intended season. – Read More on the WSJ

4. Venture capitalist says Chinese tech companies are just starting to go global: There has been a rise in China-based tech companies growing their international business. Xiaomi is now the third-largest smartphone player and TikTok has a billion monthly users. – Read More on CNBC

5. Ralph Lauren Is Selling Digital Wares on Roblox: Players can enjoy activities such as ice skating while shopping for retro sportswear from the designer’s 1990s collection. The items are expected to cost 125 to 300 Robux, or about $1.25 to $3. – Read More on Bloomberg