Daily LInks
1. What happens when a brand offering lifetime guarantees closes? She says that “if the brand no longer sold clothes one day” they always intended to keep instructions for the circularity of each garment available for customers to access. – Read More on the Guardian
2. Shein rejects Amazon ‘clone’ talk ahead of closely watched U.S. listing. “Our product categories vary across these markets. But the core point is that being receptive and responsive to Generation Z, younger Millennial shoppers, is something that leads to growth.” – Read More on CNBC
3. Labor abuse is rampant in fashion. Here’s how three brands are trying to change the narrative. A handful of brands have shown improvement is possible, without sacrificing profits. Lululemon, Adidas and Puma topped the benchmark – scoring 63%, 58% and 55% respectively, while also reporting strong financial results to shareholders. – Read More on Reuters
4. Judge orders Oregon newspaper not to publish documents linked to Nike lawsuit. “The Court is aware that certain documents marked ‘Confidential’ and ‘Attorneys’ Eyes Only’ have been inadvertently disclosed by plaintiff’s counsel to the Oregonian via e-mail.” – Read More on Yahoo
5. ICYMI: What is fast fashion? One way fashion companies, fast and otherwise, are preparing for the sustainability challenges ahead is by restructuring their C-suites. The C-suite teams at almost all of Europe’s 25 biggest fashion companies include at least one executive with ESG experience. – Read More on McKinsey
6. China’s luxury market is bouncing back. Analysts say these are new areas of opportunity. “Regarding the size of stores in China … there are twice as many Chinese customers as in 2019,” Bernard Arnault, chairman and CEO of LVMH, said on an earnings call. – Read More on CNBC