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1. Chinese fast-fashion company Shein seeks U.S. IPO as soon as 2024, report says: While ESG concerns have not dissuaded large investors such as Sequoia Capital China, IDG Capital, and Tiger Global Management, recent executive moves within Shein appear to focus on improving their ESG appearance in preparation for an IPO. – Read More on CNBC

2. Farfetch: Luxury Fashion Is Likely in Trouble. A risk Farfetch faces is that brands will take their products off the marketplace and go direct to consumers. We have seen this with Nike dropping Foot locker and LVMH not allowing online sales of its products. – Read More on Seeking Alpha

3. Luxury Brands’ Pool of U.S. Shoppers Is Shrinking: Richer customers are still spending despite the stock-market rout and aggressive price increases across the luxury goods industry – but  less well-heeled consumers are cutting back. – Read More on the WSJ

4. Amazon acts to end EU antitrust investigations, avoid fine: The European Commission in 2020 charged Amazon with using its size, power and data to push its own products and gain an unfair advantage over rival merchants that also use its platform. – Read More on Reuters 

5. ‘Revenge spending’: Demand for fashion defies cost of living crunch. Shoppers are forking out almost a fifth more on clothing than last year, research from Kantar has found, taking the value 1% ahead of the 2019 figure. – Read More on the Guardian

6. People are paying more for clothes even as retailers like Walmart, Gap mark down prices to cut inventory: “A return to getting back out is really what’s driving the apparel growth. This experiential re-emergence that we still didn’t see fully last year.” – Read More on CNBC