Daily LInks
1. Pandemic inspires hot new fashion trend: “Made in America.” Retailers are discovering the downside of “fast fashion” and cheap overseas workrooms and factories as scarce containers, clogged ports, and even a dearth of domestic truck drivers threaten to undo what economists say ought to be a banner holiday season. – Read More on Forbes
2. Does Your Brand Speak ‘Brandsperanto’? From Nike and Apple to Target and MasterCard, today’s wordless silhouette brands are tapping into a wider trend of universal symbolic communication. – Read More on Bloomberg
3. Asia reopening boosts travel, fashion brands; pandemic winners take backseat. European fashion houses like LVMH and Kering have signaled ongoing strong demand in China as appetite for luxury items remains largely undimmed, despite power shortages and a property sector crisis hurting the economy. – Read More on Reuters
4. President Xi Jinping’s pledge to redistribute wealth brings back bad memories for luxury brands in China: There have been signs of apprehension within the luxury world. Recently, the sector has lost favor with some investors, which “suggests that short-term China-related uncertainty has been priced in,” UBS analysts wrote in a September report. – Read More on CNN
5. Patagonia Is Boycotting Facebook, Urges Other Companies to Do the Same: Patagonia is doubling down on its decision to stop all paid advertising on Facebook Inc. FB 2.10% platforms, urging other companies to join the sportswear company in its boycott of the social-networking company as it faces widespread scrutiny following the release of internal documents. – Read More on the WSJ
6. Ikea replaces Topshop as furnishings become high street fashion: The market for furnishings and home accessories has boomed as people have worked from home during the pandemic, and there is every sign that sofas and throw cushions could soon be filling the empty floorspace left by the retreat of physical fashion retailers. – Read More on the Guardian
