Daily LInks
1. Store Brands Are Filling Up More of Your Shopping Cart. Americans tend to be loyal to name brands, and that it is difficult to undo the influence of billions of marketing dollars spent over many decades. – Read More on the WSJ
2. Luxury brands are teaming up with resale platforms. Can we expect a resale boom? While some luxury brands are worried about the impact of the resale market on their new-goods sales, forward-thinking labels experiment with ways to incorporate resale into their retail model. – Read More on the Drum
3. RETRO READ: The Rocky Relationship Between Luxury Resale and (Some) Luxury Brands. From the outset, fashion brands have alleged that there is more at play than individuals merely reselling their used handbags. – Read More on TFL
4. Capri Holdings Q4 results fall short of estimates. Meanwhile, CEO John Idol reflected on the FTC lawsuit, saying, “The market realities, which the government’s challenge ignores, overwhelmingly demonstrate that this transaction will not limit, reduce, or constrain competition.” – Read More on Yahoo
5. C-Suite role built around ESG struggles to find its footing. As more companies add chief sustainability officers (CSOs) to their senior ranks, what these executives actually do and who they report to is far from consistent. – Read More on Crain’s
6. US judge rejects Amazon bid to get FTC lawsuit over Prime program tossed. Attorneys for Amazon had urged U.S. District Judge John Chun to dismiss the FTC’s claims. Amazon said the “FTC’s claims are false on the facts and the law… We look forward to the opportunity to present the real facts in the case.” – Read More on Reuters
