1. Government sues Ticketmaster owner and asks court to break up company’s monopoly on live events. The DOJ sued Ticketmaster and its parent co., accusing them of running an illegal monopoly over live events in America and asking a court to break up the system that squelches competition and drives up prices for fans. – Read More on the AP
2. Hey Target, Walmart Is Coming for You. Walmart is moving in fast on Target’s higher-income shoppers. Target needs to do more of the things that earned it its “Tarzhay” moniker: cheap chic that can’t be found elsewhere, and collaborations with the world’s leading designers. – Read More on Bloomberg
3. How regenerative cotton farming can transform lives as well as the apparel sector. These practices are nothing new in the cotton farming industry but are becoming increasingly vital to the long-term sustainability of cotton and, therefore, the fashion sector. – Read More on Reuters
4. How Macy’s, Kohl’s and Nordstrom are chasing Millennial, Gen Z shoppers. Department stores like Macy’s , Kohl’s and Nordstrom face an existential crisis, as they try to persuade investors to bet on their futures while sales slow and their core customers age. – Read More on CNBC
5. Kate Middleton Favors This British Brand. Now It’s Coming for Americans. The expansion is the latest example of how European brands are embracing the U.S. as alternative growth markets such as China and Russia become increasingly fraught, and online sales show demand. – Read More on the WSJ