1. Model Workers: Labor Activism Comes to Fashion Modeling. “Having a union could make modeling a more sustainable career path and help standardize some practices and rates throughout the industry.” But one of the biggest challenges to unionization is the geographic dispersion of models, along with the fact that they are often required to travel internationally for work. – Read More on GQ
2. Bain & Company: Chinese Consumers Will Make up Half of Global Luxury Purchases by 2025. China will only increase in importance for luxury players, as Chinese consumers will account for nearly 50 percent of the global luxury market — valued at €320-330 billion — by 2025. Thanks to China’s speedy recovery from the COVID-19 lockdown, its vast generation of young and internet savvy consumers, brands that can understand the China market are likely to survive this crisis and thrive in the long-term. – Read More on Jing Daily
3. Comfort is en vogue during coronavirus: Sales of pajamas online surged 143 percent in April compared with March, while pants sales fall 13 percent. “True fashion players that don’t have athleisure could take a hit,” NPD Group fashion analyst Beth Goldstein said about casual-wear going mainstream. “The results of this [pandemic] could end up becoming a little bit more of the norm.” – Read More on CNBC
4. The £250 designer face mask: brash and obnoxious, or the latest must-buy accessory? In the UK, new government advice means that everyone will now be advised to wear a ‘face covering’ when going to the supermarket, or on public transport. – Read More on the Telegraph
5. Rihanna has stormed into the Sunday Times Rich List of musicians at number three, with an estimated wealth of 468 million pounds ($576 million), thanks partly to the success of her fashion and cosmetics brands with Louis Vuitton-owner LVMH: Barbados-born Rihanna, 32, now based in London, leapfrogged some of Britain’s most famous musicians such as Mick Jagger and Keith Richards of The Rolling Stones, Elton John and Rod Stewart into the list of the country’s most wealthy. – Read More on Reuters
6. Privacy will be the new luxury in travel post-COVID-19: Almost 90 percent of full-time travel survey participants, with an average household income of $178,000, will continue to travel frequently as soon as restrictions are lifted. – Read More on American Marketer