Daily LInks
1. The Resale Market Boom—What Sellers and Brands Need to Know: The luxury market—historically a re-commerce hold-out—has even embraced the resale boom. For example, Kering, acquired a 5% stake in French resale platform Vestiaire Collective in early 2021. Meanwhile, sites like The RealReal helped to elevate public perception of resale. – Read More on Bloomberg
2. Retailers Face Taxing Start to the Year: Tax-refund season typically gives retailers a separate uplift because consumers tend to spend the windfall on big-ticket items. This year, that isn’t a sure thing. – Read More on the WSJ
3. How Apple gets to $4 trillion; how Microsoft gets to $3 trillion: “Apple’s ecosystem is a key asset that keeps users locked in as they accumulate content including pictures, videos, movies and other content. It will continue to leverage its massive user base to cross-sell other products and services to diversify revenues away from just the iPhone franchise.” – Read More on S&P Global
4. RETRO READ: Is Apple a Luxury Brand? Well, That Depends on Your Definition of Luxury. “If change is happening at Apple, it seems like it’s moving from high-end electronics company to something more like a luxury fashion brand, moving away from focusing on user experience and magnificent industrial engineering as driving forces, and moving toward a company that offers trendiness, status, and individuality first, then nailing down the mechanics of the things.” – Read More on TFL
5. How Amazon’s battle with Reliance for India retail supremacy became a legal jungle: In 2019, Amazon and Future, number two player in India behind market leader Reliance, became business partners. That deal, Amazon argues, came with certain non-compete clauses that prohibited Future from selling retail assets to certain rivals. – Read More on Reuters
