Daily LInks
1. Chinese e-commerce giants face delicate balance between discounts, profit. Chinese consumers are seeking discounts and lower-cost shopping because of their cautious attitude toward spending after the COVID-19 pandemic amid lower economic growth and the slowdown in the property sector. – Read More on Reuters
2. Sustainable fabrics can help fashion rid itself of a waste problem. The sheer reach of the fashion industry also makes it a tremendous potential tool for innovation and change, and a number of new fabrics are a crucial part of that change. – Read More on the Washington Post
3. COUNTERPOINT: Fashion’s “Sustainability” Endeavors Need to Be About More than Fabrics, Recycling. A business model that is based on unending growth is the very antithesis to sustainability, and yet, fashion brands continue to claim efforts related to sustainability. – Read More on TFL
4. Haas sues Guenther Steiner over alleged trademark infringement. The lawsuit was filed just a few days after Steiner filed a lawsuit against Haas Formula, LLC over alleged unpaid commissions and unauthorized use of his likeness. – Read More on the Athletic
5. Japan is edging out China as a luxury hotspot. While many shoppers still turn to China for luxury apparel, footwear and accessories, Japan is gaining traction in the sector. – Read More on Modern Retail
