Image: Vogue

1. The world is paying a high price for cheap clothes: “We consumers have a lot of power. I think we all know we don’t need 20 t-shirts. That maybe it’s better to pay a little bit more and have two t-shirts.” – Read More on CNN

2. Will brands need to reposition post-pandemic? brands need to adjust their narratives. Brand focus is not on the end customer, but on the communities to which they belong. Pre-crisis consumer-centric brand strategy is now society-centric strategy. – Read More on American Marketer

3. Your Company Needs a Proprietary Data Strategy:  Most companies focus only on their internal data, which is proprietary in a sense, but may not be a valuable asset unless further developed. Proprietary data will help brands create new products and business models, and make customer relationship enhancements. – Read More on HBR

4. Sustainability Was Corporate America’s Buzzword. This Crisis Changes That: “If the worst predictions for economic seizure prove true, many businesses will be worse off than in either 2001 or 2008. Those companies who retrench to starvation fundamentals almost certainly will freeze continued investment in impact and purpose for some period.” – Read More on WSJ

5. See the Costume Institute’s New (Though Postponed) Show About Time: The Metropolitan Museum of Art’s latest major Costume Institute exhibition, which was supposed to open to the public this week, shows how fashion has changed in the last 150 years, how it’s stayed the same—and where it’s headed next. – See More on Vogue