Daily LInks
1. Malls Spent Billions on Theme Parks to Woo Shoppers. It Made Matters Worse: Mall operators began looking to experiential games and rides to woo foot traffic and help cure the mall malaise. Several hundred malls now feature a few attractions—minigolf, karting, bowling lanes, gaming arcades—that consumers can’t replicate at home. – Read More on the WSJ
2. How blockchain could make fashion greener: Fashion brands are increasingly keen to tout their green credentials, but with clothes production often involving complex global supply chains they can’t always guarantee environmentally friendly materials are being used. TextileGenesis believes the technology that underpins cryptocurrencies such as bitcoin can help. – Read More on CNN Business
3. Luxury shoppers flock online, but stores aren’t going out of style: Even when normality returns, the trend toward a greater prevalence of e-commerce looks indelible. Bain now sees online channels accounting for a third of total luxury sales by 2025, from 12% in 2019. – Read More on Fox Business
4. Decoding the Difference Between Ethical and Sustainable Fashion: Sustainable fashion is focused on addressing the ongoing climate crisis through environmentally conscious production. In tandem with sustainability, ethical fashion labels are not only focused on the environment, but also on people (although the two often overlap). – Read More on L’Officiel
5. RELATED READ: Can the Fashion Industry Ever Really Be Sustainable? Can ethical consumption really exist in the mainstream fashion market? Psychology and behavioral science may suggest that ethical fashion consumption is a pipe dream. We believe our purchasing decisions are based on rational, conscious and well thought out deliberations, but in reality, the complexity of human behavior and the fundamental nature of fashion implies that ethical consumption may not be an attainable goal. – Read More on TFL
