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1. Less Is More, Retail CFOs Find as They Plot Post-Pandemic Strategy: Finance chiefs at apparel retailers are working to reduce inventory levels, lower rent payments and rely less on promotions in an effort to increase profitability. Smaller orders from suppliers help with reducing the amount of promotions that retailers need to run to sell their products. “We want people to buy things when they see it, and not wait for a sale.” – Read More on the WSJ

2. Approaches To Retail, Entertainment and Banking Onboarding: Gap and Costco cited sizable growth in eCommerce sales in their quarterly results, but Gap plans to close stores as Costco looks to expand its brick-and-mortar footprint. In acquisitions, Amazon plans to buy iconic film studio MGM. – Read More on PYMNTS

3. China’s woke Gen Z want sustainability, mindfulness and “invisible luxury.” Discreet luxury is another consumer trend that has become a priority post-pandemic. Considering that the gap between the haves and the have-nots has grown significantly in the past year, it is hardly surprising that the affluent class avoids displaying their wealth and now prefers a less visible, silent form of luxury. – Read More on SCMP

4. The Company Starting to Break Down Fashion’s Waste Problem: A positive climate impact would be a key selling point for any business marketing recycled textiles, but proving that will be tricky. Because there’s so little accountability data in the fashion industry, there’s no generally accepted baseline from which to measure. – Read More on Bloomberg

5. Experts seek standardized rules for climate-related disclosures by companies: Adopting the disclosure norms recommended by the Task Force on Climate-related Financial Disclosures, or TCFD, can be a step as countries in the region set net-zero goals for carbon emissions. Japan, New Zealand and Australia are aiming net-zero by 2050, and China by 2060. – Read More on S&P Global