Daily LInks
1. This Startup Promised to Help Fashion Go Green. Brands Didn’t Want to Pay for It. Having misjudged how quickly the fashion industry would switch to more sustainable sourcing, Renewcell was left with a costly factory running far below capacity. – Read More on the WSJ
2. US, UK accuse China of cyberespionage that hit millions of people. American officials said that the hackers’ decade-plus spying spree compromised defense contractors, dissidents, and a variety of U.S. companies, including apparel firms. – Read More on Reuters
3. As March Madness unfolds, more brands look to get involved in NIL deals. NIL deals, which allow athletes to receive financial compensation for their name, image and likeness, have opened a new lower-cost opportunity for brands to be involved with big college sporting events like March Madness outside of traditional corporate sponsorships. – Read More on Modern Retail
4. RELATED READ: How Brands Can Navigate the NCAA Athlete Advertising Landscape. he NCAA’s adoption of an interim NIL policy is proving to be attractive to brands, including those outside of the sporting goods space. – Read More on TFL
5. Should SHEIN and Fast-Fashion Retailers Be Subject to Additional Fines? The bulk of fashion’s emissions occur during production, yet industry leaders resist changes to overproduction and design practices. – Read More on Retail Wire
6. US companies increasingly opt to reorganize in bankruptcy, not liquidate. Reorganization is becoming a more popular option for US companies seeking to address their financial challenges through bankruptcy. – Read More on S&P Global
