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1. What would happen if the world stopped shopping? The greatest danger for the garment trade is not a slowdown in shopping, but a failure to find a way to slow down shopping. In a world in which billions of people already have enough apparel, the only way to keep them buying is to generate unnecessary demand. – Read More on Fast Co. 

2. Brick-and-Mortar Retail Isn’t Going Away: The pandemic experiment provided some useful perspective regarding the next leg of e-commerce adoption, supporting our contention that omnichannel will outperform. Omnichannel was clearly very popular among new e-commerce shoppers (given that both rose in tandem in 2020). – Read more on Morning Star

3. RELATED READ: From Luxury Stalwarts to Millennial Makeup Brands, How Companies Are Catering to Post-COVID Consumers. If recent trademark applications are any indication, Glossier has plans to engage with consumers in the post-pandemic brick-and-mortar landscape beyond its existing few flagship stores. The buzzy beauty brand filed a handful of applications for registration with the U.S. Patent and Trademark Office for “Glossier Alley.” – Read More on TFL

4. British retail faces “tsunami of closures” without rent help: Citing survey data it said two thirds of British retailers have been told by landlords they will be subject to legal measures to recover unpaid rent from July 1 when the moratorium ends. The survey found 80% of tenants said some landlords have given them less than a year to pay back rent arrears. – Read More on Reuters

5. Nasdaq-Beating Multiples Threaten to Cool Europe’s Luxury Sizzle: Stellar earnings, M&A speculation and the promise of post-lockdown demand have sent shares of companies like LVMH and Hermes rocketing to all-time highs, giving them multiples far richer than the Nasdaq 100. “These companies are Amazon-proof, they know how to protect their brands.” – Read More on Bloomberg

6. There’s more to China’s post-pandemic boom than meets the eye, economists say: Diminishing returns on investment, increased corporate leverage and high government debt means that Beijing will be hard-pressed to sustain the status quo for much longer. The rebound in China’s growth is very much driven by infrastructure investments — not by consumption — and in my opinion, it’s driving imbalances in the Chinese economy.” – Read More on NBC