Daily LInks
1. Is luxury retail’s sweet spot? 76% of consumers with an income of $200,000 or more plan to purchase the same or even more luxury items in the next 3 months than they did in the past 3 months. – Read More on Retail Wire
2. Activist Bluebell Sets Sights on Luxury Group Richemont: The activist hedge fund wants to appoint a board representative for A-class shareholders who have weaker voting rights than the company’s B-class shares controlled by chairman Johann Rupert. – Read More on Bloomberg
3. What Second Life and Roblox can teach us about the metaverse: “If you’re worried about your company needing to jump in right this very minute to make your metaverse play, you can stop worrying.” – Read More on MIT Sloane Review
4. RELATED READ: What Lawsuits Over Second Life Tell Us About Trademarks in the Metaverse. The broad language of the Lanham Act – which defines “use in commerce” as the bona fide use of a mark in the ordinary course of trade – may also suggest that the offering up and sale of virtual goods in a virtual world as “use in commerce.” – Read More on TFL
5. How Paper Catalogs Remain Relevant in a Digital Age: For e-commerce retailers without physical stores, catalogs can effectively mimic stores’ sensory experiences to enhance customer affinity. Multichannel retailers can add an effective catalog marketing channel to their store and e-commerce channel strategies. – Read More on HBR
