1. Meet the French Designer Who is Thriving in the Pandemic: Celebrities adopted wares featuring Marine Serre’s signature crescent moon print, making it the most wanted logo on fashion discovery platform Lyst this year. “Do you want the moon top to be everywhere, or is the aim to keep a balance? I’m trying to find a balance,” Serre says. – Read More on WWD
2. RELATED READ: Marine Serre is Looking to Amass Rights in its Moon Logo & Might Build the Next Big Luxury Brand in the Process. With such rising brand awareness and trademark rights in mind, Marine Serre has been looking to secure trademark registrations across the globe. To date, this has largely seen legal counsel for the brand file – and receive – trademark applications for the crescent moon along with the brand name for use on clothing and accessories in the U.S., Canada, France, Singapore, and Australia, among other jurisdictions. – Read More on TFL
3. Will 2020 mark the end of Black Friday? “You still have a lot of people that are interested in shopping on Black Friday.” It counts as “a social event that individuals like to be part of,” and a holiday traditional for some. – Read More on Quartz
4. With tourist traffic dwindling, Abercrombie & Fitch is accelerating plans to close expensive flagship stores: By closing expensive flagships in London, Paris and Munich that mostly targeted out-of-towners, Abercrombie is shifting its focus to rolling out services at existing stores that are more designed for its local customers, like curbside pickup. The idea is to use these new programs to better serve local customers. – Read More on Modern Retail
5. And speaking of tourists … U.K. Tax-Refund Repeal is a New Headache for Retail Property Owners: Starting in January, foreign visitors will no longer be able to reclaim a sales tax of 20% for items bought in the U.K. for 30 British pounds—equivalent to about $40—or more. Business leaders worry that tourists could abandon London for other European shopping destinations such as Paris and Milan. – Read More on the WSJ
6. ‘We’re seeing a dichotomy in retail recovery’: J.P. Morgan analyst. There will be a three-wave recovery for retail with the first wave a sentiment shift towards fashion-oriented clothes as mobility increases outside the home. The second wave will be clothes tied to returning to the office and the new normal, while the third wave will be more on focused on tourism and travel. – See More on CNBC