Daily LInks
1. Why traceability is the key to a sustainable fashion industry. Greater visibility gives policymakers a clearer sense of where interventions are most necessary and companies can more easily identify their supply-side risks and take proactive steps to mitigate them. – Read More on WE Forum
2. Japan’s revered outdoor brands face down PFAS challenge. Now, as regulators worldwide move toward tightening regulations on PFAS, or perfluoroalkyl and polyfluoroalkyl substances, the fashion industry is facing pressure to change. – Read More on Japan Times
3. RELATED READ: What the EPA’s New PFAS Rule Means for Retail. The PFAS reporting rule applies to anyone that has manufactured, for “a commercial purpose,” a chemical substance or mixture containing a chemical substance defined as PFAS at any time since January 1, 2011. – Read More on TFL
4. Perfume retailer Douglas seeks up to 30 euros per share in Frankfurt IPO. German perfume retailer Douglas said Monday it would sell shares at 26 to 30 euros ($32.8) in of one Europe’s first major initial public offerings this year. – Read More on Reuters
5. Prada Adds Nearly $3 Billion in Market Value After Jump in Sales, Profit. Prada’s performance comes after other European luxury-goods giants—particularly those most exposed to high-end consumers—also said they are seeing improving trends following months of slowing sales across the industry. – Read More on the WSJ
6. Express delisted from NYSE; retailer appears unlikely to appeal. The NYSE said it would seek to delist Express as it didn’t comply with a requirement to maintain an average global market capitalization of at least $15M over 30 consecutive trading days. – Read More on MarketWatch
