Image: Depop

1. The digitization of the fashion industry and what it means for brands: “There is a limit to how much [brands] can do physically without using stores and showrooms. Therefore, providing an immersive experience online is something [they] should really excel in.” – Read More on Forbes

2. The truth about fast fashion: Can you tell how ethical your clothing is by its price? Our perception of what clothing should cost – and how much of it we need – has shifted, and the correlation between price and ethics is knotty, to say the least. – Read More on the Guardian

3. RELATED READ: $20 Jeans, $800 Tees … In Fashion, Prices Are Out of Control. Widespread marketing by way of Instagram ads touting dirt-cheap fast fashion wares has led to a collective belief among consumers that these prices are how much clothing should cost, and anything above these prices reflects an unnecessary markup. – Read More on TFL

4. Etsy Adds Some Fashion to Its E-Commerce Shopping Basket: By 2024 at a rate of 39% compound annual growth rate since 2019. The other piece that’s pretty exciting about Depop is 90% of its customers are Gen Z, giving Etsy significant exposure to this age group. Something that I think can benefit the brand overall. – Read More on Motley Fool

5. Michael Kors, Versace parent Capri raises annual revenue forecast on luxury rebound: The luxury retailer, which had earlier raised its outlook in late June, expects total full-year revenue of about $5.3 billion. Analysts were expecting revenue of $5.2 billion, according to IBES data from Refinitiv. – Read More on Reuters