1. WeWork Co-Founder Buys a Hip Clothing Brand and Starts a Senior Center: McKelvey paid $10 million last year for a controlling stake in American Giant, a made-in-the-USA apparel brand that became famous in 2012 for creating a sweatshirt called “the greatest hoodie ever made.” – Read More on Bloomberg

2. Patagonia, Levi’s and The North Face Again Top Kearney’s Circular Fashion Index: “While we see some shining stars, we see the industry as a whole needing a step change improvement.” – Read More on Yahoo

3. Why Some Investors Are Betting on China’s Recovery but Avoiding Chinese Shares: While Chinese spending is boosting luxury goods companies’ shares, Chinese authorities’ harsh regulatory crackdowns on the sector have damped the growth prospects of Chinese titians like Alibaba Group. – Read More on the WSJ

4. Yes, the Metaverse Is Still Happening: Large enterprises such as NVIDIA and Unity are investing heavily to lay the foundational infrastructure, while Roblox, Decentraland, and Sandbox are jockeying to be the preferred portal, and Web3 studios such as Touchcast and TerraZero are working with leading brands to expand their market share. – Read More on HBR

5. Amazon is focusing on using A.I. to get stuff delivered to you faster: Focusing on regionalization requires technology that is capable of analyzing data and patterns in order to predict what products will be in demand and where. That’s where AI comes in. – Read More on CNBC

6. Why Gen Z Is Ghosting the Fashion Industry for Cosmetics & Toys: In the past 12 months, apparel spending among U.S. consumers aged 18-to-24 has declined by 11 percent – faster than any other generation. – Read More on Forbes