Daily LInks
1. Chanel boss seeks to put IPO rumors ‘to rest.” Nair said Chanel was “continuing to look at” opportunities to further consolidate its supply chain. The company acquired more than two dozen suppliers in 2021, part of a $1.1bn investment in technology, property and manufacturing. – Read More on the FT
2. SEC climate disclosure rule delayed until fall, former commissioner says: The proposed SEC rule, unveiled in March 2022, would require publicly traded companies to disclose their greenhouse gas emissions and any climate-related risks to their operations. – Read More on S&P Global
3. The lucrative clothing deals agreed upon by the US and Kenyan governments: Six new co-investments totaling $55 in the clothing industry have been agreed upon by Kenya and the US, bringing the total number of agreements secured in the past month to 20. – Read More on Insider Intelligence
4. The Shining Promise and Dashed Dreams of China’s Live Shopping Craze: The Chinese government, worried that the business was growing too big, too fast, has issued a flood of ever-evolving regulations. Celebrity hosts have abruptly disappeared from view. – Read More on the NYTimes
5. China’s online sellers are revolting against a barrage of refunds: Merchants have banded together to push back in creative ways that include suing buyers and “store-bombing” Pinduoduo-backed businesses with comments and refund requests. – Read More on Rest of World
6. Retailers are using ChatGPT to help people pick what to buy: “What makes ChatGPT unique as opposed to the existing chatbots that we have in retail at the moment is that it’s much more conversational in tone and it can remember the context.” – Read More on Modern Retail
