Daily LInks
1. “Throwaway fashion is the worst imaginable concept.” According to Giorgio Armani, “The industry has been due for a reckoning for a while now,” he continues. “Concerns like waste, too much product of poor quality and a marketing-driven approach can lead to a disconnection with what the consumer really wants.” – Read More on the Telegraph
2. Levi’s CEO Says Baggy Jeans Are Making a Comeback: Following two decades of skinny jeans, Levi Strauss & Co. Chief Executive Officer Chip Bergh said baggy jeans are back. Jeans with more relaxed fits are selling well as shoppers stuck at home lean toward more comfy clothes. – Read More on Bloomberg
3. As Godiva reveals that it will close or sell all of its brick-and-mortar stores in North America as part of its strategy to boost global online sales, a look back at this piece from AdWeek: How a Naked Woman, a Horse and a Family in Belgium Created Godiva Chocolate. – Read More on AdWeek
4. The Luxury Goods Market Needs to Accelerate its Digital Transition: A recent study shows that e-commerce has been steadily growing for years. The study projects that by 2022, global online sales will have amounted to $6.54 trillion. That’s nearly twice what was recorded in 2019. – Read More on Entrepreneur
5. Americans won’t be rushing to retail stores to shop after getting Covid vaccine, survey finds: Forty-four percent of respondents said they’ll visit stores the same or less to buy footwear post-vaccination, while 45% said they would visit stores the same or less for beauty products, 41% said this about luxury items, and 43% for electronics. – Read More on CNBC
