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1. The Model Alliance announces Fashion Workers Act, a new pro-labor bill to protect models and other industry creatives: “This bill will close the loophole through which management companies escape accountability.” – Read More on British Vogue

2. In Watches, What Does Luxury Mean Now? Luxury watchmakers now are doing everything possible to prepare themselves for Gen Z buyers, for whom inclusivity, sustainability, transparency and traceability are not negotiable. – Read More on the NYTimes

3. Alibaba leads $60 million funding into augmented reality glasses maker Nreal in metaverse play: Alibaba’s investment comes as regulators in China continue to scrutinize the business practices of the country’s tech giants. Internet firms have been more circumspect about investing in other companies. – Read More on CNBC

4. Visa launches NFT program as it considers the digital art a new form of e-commerce: The one-year immersion program will bring together a global cohort of creators including artists, musicians, fashion designers and filmmakers the ability to build their businesses with NFTs. – Read More on TechCrunch

5. European IPO activity proved strong, led by e-commerce and tech listings: It was a blockbuster year for IPOs of European firms, following the global trend. In total, 476 European firms listed last year, excluding SPACs. Collectively, they raised US$90 billion. – Read More on White & Case