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1. The Big Picture 2023 Sustainability Outlook: Regulation is shaping the sustainability agenda and transforming the way investors and companies approach ESG-related investing. Mandatory climate disclosures are now on the horizon in the U.S. after the SEC unveiled a long-anticipated climate disclosure rule-making proposal. – Read More on S&P Global

2. The Executive Who Made Winter Gear High Fashion: With Mr. Ruffini at the helm, Moncler became the first company to put puffy down jackets on the catwalk, and to persuade shoppers to splurge from $1,000 to as much as $5,000 on a jacket. – Read More on the WSJ

3. Hermes expands in Nanjing as luxury industry bets on Chinese return: European luxury houses have continued to invest in China, expected to become the sector’s largest market by 2025, despite a turbulent year marked by disruptions as the country imposed strict curbs to contain Covid. – Read More on Reuters

4. Three of the biggest luxury fashion retail trends for 2023: Chen suggested that the customers who continue to buy luxury – like the ultra-rich – will gravitate toward major designers like Chanel, Dior and Louis Vuitton over smaller designers. – Read more on SCMP

5. LVMH, Richemont Set to Benefit From Middle East’s Fast Growth: The Middle East is expected to become one of the fastest growing markets for luxury in 2023, according to Barclays Plc analysts, with the owners of Louis Vuitton and Cartier best placed to benefit. – Read More on Bloomberg