Daily LInks
1. Luxury Brand Turf Wars Boost Retail Rents in Upscale Tokyo Areas: Even in an absence of overseas shoppers, Japan’s luxury boutiques are seeing a surge in demand that’s lifting rents in Tokyo’s most high-class neighborhoods. – Read More on Bloomberg
2. Why Your Airport May No Longer Resemble a Luxury Mall: Chinese shoppers will probably never buy as much in overseas airports as they did before Covid-19. China’s government has encouraged consumers to spend at home by tripling their domestic duty-free allowances. – Read More on the WSJ
3. Investors, Merchants and Consumers Have Drastically Different Views of Affirm: It is irrefutable that the concept of BNPL is becoming a more popular choice for consumers who prefer to have more options on how to pay for their purchases, and Affirm is one of many breakout pure play providers that have benefitted from this shift, including Klarna, PayPal, Sezzle, and Afterpay. – Read More on PYMNTS
4. That Organic Cotton T-Shirt May Not Be as Organic as You Think: At the heart of the problem is an opaque certification system rife with opportunities for fraud. Official stamps of approval from external organizations rely on reports from opaque local inspection agencies that base their conclusions on a single planned yearly inspection of facilities or a few random farm visits. – Read More on the New York Times
5. Selling Snoopy: How Peanuts Fashion Became Big Business. Which brings us to today: a churning, global business with licensing agencies that represent Peanuts in different parts of the world. No matter the season, you can find anything from low-priced mass-market screen-printed T-shirts and pajamas to more sophisticated fashion collaborations. – Read More on the WSJ
