Image: RTR

1. Japan to ban Russia-bound exports of gold, may adopt more sanctions: From April 5, Japan will ban the export of precious metals such as gold as well as other items including luxury cars, jewelry, cosmetics and liquor. – Read More on Reuters

2. Tencent, Alibaba-backed industrial products e-commerce platform operator ZKH gets Beijing’s nod for US IPO: ZKH would be among the first batch of Chinese technology firms to resume plans to float their shares in the US, after ride-hailing giant Didi Chuxing’s IPO on the NYSE in June last year. – Read More on SCMP

3. The Clumsy Theatrics of Metaverse Fashion Week: There’s something to be said for the accessibility aspect of Metaverse Fashion Week – you don’t have to be in Milan or New York to attend one of these events. In their current state, though, it’s hard to imagine fashion enthusiasts would want to. – Read More on CoinDesk

4. Rent the Runway could get a big bump from 2022 weddings, Jefferies says: While RTR closed its retail stores due to the pandemic, it still has a network of drop-off locations in major cities, including New York, and its shares could get a huge bump from this year’s “wedding boom.” – Read More on CNBC

5. Higher gas prices are taking a toll on retail foot traffic: During the week of March 7, visits to U.S. retailers decreased by about 4.3% compared 2019. This marks the steepest decline of weekly foot traffic visits over the past 12 months that were not directly correlated with the impact of COVID-19 or the influx of the holidays. – Read More on Yahoo

6. Does fashion matter when there is a war on? “In a time like this, fashion loses its relevance and its actual right to exist. Fashion week feels like some kind of absurdity,” said Balenciaga’s Demna Gvasalia. –  Read More on SCMP