1. Can Hong Kong recover from Covid-19 to reclaim luxury retail market crown? A double whammy of Hong Kong’s worst social unrest in decades and the Covid-19 pandemic knocked Russell Street – and subsequently Tsim Sha Tsui in Kowloon – off the perch of the world’s most expensive retail spaces in terms of rents per square foot. – Read More on SCMP

2. Bleeding billions: Can Meta still deliver the future of the internet? Zuckerberg and Meta have never been very precise with their definitions or promises for the metaverse, instead describing it in vague emotive terms and claiming that Meta would only be one corporation among many working to further an open, collaborative standard. – Read More on Sydney Morning Herald

3. David Beckham Tripled Revenues to £34 Million Before Qatar Deal: At the same time, Victoria Beckham’s fashion business narrows its losses, with turnover falling by 6% to 36.1 million pounds in the 12 months to Dec. 31, 2020, while losses after taxes were down to 8.6 million pounds from 16.6 million pounds. – Read More on Bloomberg

4. Sometimes a shoe is not just a shoe: One of the biggest trends of the past twenty years has been the rise of corporate swag. Wearing a Google t-shirt, an AirBnB backpack, or a logo-festooned Hydra bottle are all symbols of belonging to a herd called “work.” These logos advertised where you worked and thus gave you a place in Silicon Valley’s social hierarchy. – Read More on OM.co

5. Footfall slumped 27% on British high streets after Christmas, data shows: Analysis from the Centre for Retail Research (CRR) found that 17,145 shops closed for good in 2022 – which is a jump of almost 50% on the 11,449 shops closed in 2021. – Read More on the Guardian