Daily LInks
1. A resale revolution: Affluent shoppers embrace secondhand shopping. Over the next five years, the resale market is projected to grow by 80% and hit $289 billion. – Read More on CNBC
2. Apple Sues Trademark Office to Register ‘Smart Keyboard’ Name: In its complaint, Apple claims that the name has developed secondary meaning, and that the PTO has granted trademark registrations for a family of Apple products under the “Smart” brand name, including “Smart Cover,” “Smart Case,” and “Smart Connector.” – Read More on Bloomberg
3. Hong Kong Sept retail sales edge up as travel rules ease: Sales of clothing, footwear and accessories in Sept. fell 7.2% on year after an 8.8% drop in Aug. Online retail sales in Sept. jumped 27.5% year-on-year in value terms, compared with a revised 21.6% growth in Aug. – Read More on Reuters
4. Chinese tech giants’ push into U.S., Europe’s markets sets up potential clash with Amazon: Pinduoduo and TikTok owner ByteDance have launched international cross-border e-commerce websites in the last few months, aiming to take a crack at selling Chinese products to foreign buyers. – Read More on CNBC
5. “The biggest risk” for sellers this holiday season: Most retail companies will issue conservative guidance when they report third-quarter earnings over the next few weeks. That could lead to fresh selling pressure in the space. – Read More on CNBC
