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1. Ebay pins hopes on second-hand luxuries and collectibles: Ebay’s strategy means tapping into a luxury clothing resale scene that is estimated to grow to $37bn by 2025, up from $27bn in 2020. Meanwhile, the used sneaker market is set to become a $30bn industry by 2030, and resold luxury watches would make up a third of all global watch sales by 2025. – Read More on the FT

2. Adidas Says Consumers Are Struggling. In Reality, They Are Getting Selective: Consumers could be getting choosier where they spend rather than cutting back altogether. Demand for Nike’s goods still looks strong. – Read More on the WSJ

3. Sustainable Fashion in China: An Emerging Trend in the Apparel Industry: While the sustainable fashion industry makes up only a small portion of the fashion and apparel industry overall, numerous indicators suggest there is growing market potential. – Read More on China Briefing

4. US consumers cut back on buying luxury goods before the holiday season: Spending cuts on luxury goods were sharpest among middle-income Americans with yearly incomes of $50,000 to $125,000, and those with yearly incomes of less than $50,000 a year. – Read More on the National

5. Amazon earnings: “The good news is the consumer is still spending. The bad news is they’re not spending on e-commerce.” Analyst anxiety is largely based on perceived waning demand for online purchases as customers save for travel and concerts, or for grocery and gas bills amid decades-high inflation. – Read More on MarketWatch