1. U.S. ban on China’s Xinjiang cotton fractures fashion industry supply chains: Thousands of companies worldwide are affected after the United States blacklisted 87 percent of China’s cotton crop — one-fifth of the world’s supply — citing human rights violations against Muslim Uighurs in China’s northwest Xinjiang region. – Read More on the Washington Post
2. RELATED READ: U.S. Ban on Xinjiang-Sourced Cotton is Expected to Significantly Disrupt Fashion Industry Supply Chains. The U.S. ban applies not only to products shipped directly from China, but also to shipments that come from other countries but that nonetheless, contain products made from cotton and/or labor tied to Xinjiang, thereby, expanding the scope of the order, while potentially making detection – and the chance of fraud via improper importation documentation – greater. – Read More on TFL
3. Dubai-based trading platform for pre-owned luxury goods picks up $5 million: Retail-focused online startups in the UAE have been quite busy in the last year, gaining traction with investors and customers. Pre-owned goods selling portals too are finding support in the region. – Read More on Gulf News
4. Amazon could see revenue more than double by 2025 as retail business grows: The predictions indicate that Wall Street expects Amazon will remain a powerful tech and retail player for the years to come, even as it faces antitrust scrutiny and other challenges. – Read More on S&P Global
5. Want More Loyal Customers? Offer a Community, Not Rewards: Membership represents a shift from buying goods in the hopes that others will admire them and you (conspicuous consumption) to investing in oneself: access, belonging, taste, experience, privacy, knowledge, self-actualization. – Read More on HBR
6. Burberry’s Riccardo Tisci taps into the fluid generation: “Fluidity is a really important word to the younger generation. They aren’t frightened of it, because they aren’t scared of their sexuality.” – Read More on the Guardian