Daily LInks
1. The newest challenges for the sustainable apparel industry: It’s not a question of when apparel brands will act but how they are addressing their role in damaging the environment, generating waste, and enabling unethical labor conditions —and the challenges they face in doing so. – Read More on Fortune
2. Singapore online retailers go green by merging fashion with sustainability: The question of sustainability in a world where packages are flying around by the second is a big one that the brand owners have to face. – Read More on CNBC
3. Beijing prices up cost of e-commerce data abuses: The powerful State Administration for Market Regulation has proposed rules to punish illegal pricing, adding a chapter specifically addressing subsidies and the practice of charging different prices based on algorithms that help analyze customers’ purchasing behaviors. – Read More on Reuters
4. RELATED READ: What Do New Online Transaction Rules in Mean for International Companies Doing Business in China? In an attempt to catch up with the swiftly-emerging developments in the Chinese e-commerce space by providing more detailed and practical guidelines for enforcement, and clarifying the responsibilities of e-commerce platforms, the State Administration for Market Regulation updated its Online Transaction Measures, which took effect on May 1, 2021. – Read More on TFL
5. How collecting sneakers became a multi-billion-dollar industry: Surging auction prices reflect the robust growth of the secondary resale sneaker market, which StockX estimates is now worth $10 billion. This figure is predicted to climb to nearly $30 billion by 2030, as growing numbers of collectors invest in limited edition “deadstock” items — shoes that “must be new and unworn.” – Read More on CNN
6. Amazon’s Biggest Threat in E-Commerce: Google, Shopify, and Square are trying to attract sellers who want an option other than living within Amazon’s ecosystem. And by using this network of companies, retailers and produce makers can sell directly to consumers – collecting information like names, emails, and addresses, and building a long-term relationship that includes marketing new products to highly qualified customers. – Read More on Motley Fool
