1. Kim Kardashian’s Newest Business Venture: Private Equity. Ms. Kardashian is teaming up with Jay Sammons, who ran consumer investing at Carlyle, to launch SKKY Partners, which will make investments in sectors including consumer products, hospitality, luxury, digital commerce and media as well as consumer-media and entertainment businesses. – Read More on the WSJ

2. Three Things You Need To Know: Emerging Markets—Localization To Boost Luxury Retailing. There are several smaller regions that, while dispersed, present significant potential for the global luxury goods market. While entering these markets requires varying strategies, they present compelling opportunities for luxury brands. – Read More on Core Research

3. Madison Avenue retail activity rising: Vacant storefronts dotted Madison Avenue from East 57th Street to East 72nd Street through last year, as the availability rate of 39 percent was the highest in Manhattan. – Read More on the Real Deal

4. Richemont’s activist victory has a catch: Richemont Chairman Johann Rupert has crushed activist Bluebell Capital’s attempt to get ex-Bulgari boss Francesco Trapani a board director seat to represent A-share investors and counterbalance Rupert’s outsized voting power. – Read More on Reuters

5. Asia’s rich seek safe havens, diversity to ride out economic uncertainty: Asia’s wealthiest are seeking safer assets to ride out the current economic downturn and doubling down on sustainability investments, according to a Bank Lombard Odier & Co. Ltd. study. – Read More on S&P Global