1. Gen Z is driving luxury sales as wealthy shoppers get younger: “By 2030, younger generations (Generations Y, Z, and Alpha) will become the biggest buyers of luxury by far, representing 80% of global purchases.” – Read More on CNBC

2. J. Crew brand launches resale program, to offer vintage styles:  J. Crew Group said on Tuesday it had launched a new resale program for its eponymous brand, which will offer used styles online and vintage apparel in select J. Crew stores. – Read More on Reuters

3. Luxury brands are thriving despite the economy—and what that means for marketers: Luxury brands have opened themselves through new channels—including mobile, marketplaces, social shopping, and their own e-commerce businesses. This is all about meeting consumers where they are—which, for millennials and Gen Z, is in the digital world. – Read More on Fast Co.

4. U.S. Retail Sales Fell 1.1% in December: The decline in retail spending late last year adds to signs that the U.S. economy is slowing. Hiring and wage growth eased in December, U.S. commerce with the rest of the world declined significantly in November. – Read More on the WSJ

5. Richemont, Burberry optimistic about China luxury sales: “We’re very positive about the early signs and confident in the long-term opportunity” in China, said Burberry Chief Financial Officer Julie Brown. – Read More on Reuters