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Image: Versace
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1. The Limits of the “Sustainable” Economy: The ability of recycling, designing for durability, use of renewable production inputs, and adoption of alternative usage models to limit society’s consumption of raw materials and energy is not guaranteed, given practical and environmental constraints and people’s economic and quality-of-life expectations. – Read More on HBR

2. Appetite for Luxury Prompts Forecast Boost by Versace Parent: The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and revenue forecast for the 2022 fiscal year. “As the world reopens, we are pleased to be seeing better than expected performance from all three of our iconic fashion luxury houses.” – Read More on Money

3. RELATED READ: Versace is Banking on a New Print to Bolster its Bottom Line. A successful rollout of the proprietary new print “will improve the profitability dramatically for Versace,” John Idol asserted on the Q3 conference call, noting that such critical source-identifying assets are something that Versace has been missing “compared to our luxury peers,” such as powerhouses like Louis Vuitton, Gucci, Chanel, and Prada, which have robust arsenals of thoroughly-monetizable (and legally-protected) branding elements as their disposal. – Read More on TFL

4. From Name, Image and Likeness to Pay for Play, Americans Increasingly Support Compensation for College Athletes: 42% of U.S. adults believe schools should pay players, compared with 36% who oppose such a model. 56% say college athletes should be compensated equally, regardless of which sport they play or how much revenue that sport generates. – Read More on Morning Consult

5. For Crypto, Branding Could be the Highest Currency: As with early search engines, no single coin today stands out from a brand or design perspective. All are represented through a very homogeneous, skeuomorphic approach. – Read More on Base Design

6. The $277 billion market fashion can no longer ignore. The modest fashion industry is currently valued at as much as $277 billion and estimated to grow to $311 billion by 2024. And as the market for this fashion grows, women have many more options to choose from. – Read More on Fast Co.