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Image: Chanel
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1. What If You Could Read a Fashion Label Like a Food Label? Prince Charles’s Sustainable Markets Initiative Fashion Taskforce presented its “Digital ID,” which can trace a fashion item from production through sale and even resale. And the British start-up Provenance developed software to trace the supply chain of pieces from field to finished garment. – Read More on the New York Times

2. Resurgent M&S takes retail crown back from upstart online rivals: M&S is worth comfortably more than Boohoo and its online rival Asos combined. It has upgraded profit forecasts twice over the past year its share price rose by three-quarters in 2021. – Read More on the FT

3. Yeezy, Gap, Balenciaga pact reflects reality that designer partnerships are in style right now: For Gap, the 50+ year-old diversified apparel retailer, the new partnership marks the latest milestone in a growing list of joint ventures that are bringing fresh products into its own online portfolio and 4,000 stores as well as those of its partners. – Read More on PYMNTS

4. Hermès and Chanel limit bag purchases to keep them exclusive and stoke desire for their products: “Very desirable luxury brands can largely do what they want,” says Anita Balchandani, the head of luxury analysis at consultancy McKinsey. “If they want to increase prices to recoup the cost of the pandemic, they can – unlike mid-market or even mass luxury brands.” – Read More on SCMP

5. How VCs Can Help Startups Set (and Meet) ESG Goals: The complex challenges the world faces today — climate change, the energy transition, and growing inequality just to name a few — have forced large, incumbent companies to take action, reinventing their business models in some cases or radically re-engineering their products, services, and operations in others. – Read More on HBR