Image: H&M

1. H&M, Boohoo Warn on Supplies as Business Faces Christmas Crunch: Supply chain snags are hobbling European businesses as rising shipping costs, a growing energy crisis and acute trucker shortages in Britain threaten their ability to meet surging demand heading into the peak shopping season. – Read More on Bloomberg

2. Social Commerce Is Retail’s New Inventory Headache: The rise of social commerce is presenting some challenges for brands. One of the most prevalent issues is keeping track of inventory, pricing and shipping across the myriad shops and social marketplaces where products are sold. – Read More on PYMNTS

3. RELATED READ: Brands Are Reaping Rewards, Facing Risks Due to the Rise of the Nearly $500 Billion Social Commerce Market. Consumers routinely find social media to be highly influential in their buying decisions, with 44 percent of social shoppers saying that they had made three or more online purchases in the past month after seeing social media posts or ads. – Read More on TFL

4. Fast fashion boom is about to come to a juddering halt: With much of the clothing still arriving in giant cargo containers from the far east, it is no exaggeration to say that the entire business model upon which its success has been built suddenly looks very shaky. – Read More on the Telegraph

5. How global supply chains are falling out of fashion: Fashion brands like Benetton are increasingly turning away from globe-spanning supply chains and low-cost manufacturing hubs in Asia, in a shift that could prove a lasting legacy of the COVID-19 pandemic. – Read More on Reuters

6. TikTok partners with Square to expand social e-commerce: Using a product called Square x TikTok, merchants can send customers directly to their online stores from videos, advertisements or shopping tabs. The collaboration includes a feature that allows commercial users of TikTok For Business to set up a customizable Square online store for free. – Read More on American Banker