Daily LInks
1. China’s Scrutiny of Shein IPO Plan Shows Regulator’s Reach Widening. Shein still subject to review despite selling nothing in China. Process revives memories of Didi probe that forced delisting. – Read More on Bloomberg
2. Red Sea conflict plunges Bangladesh garment makers into the red. Bangladesh’s garment industry faces surging freight rates, longer lead times and container shortages as spillover effects from fighting in the Red Sea, just months after the sector was roiled by protests over wages and subsequent factory closures. – Read More on Nikkei
3. At Davos, ESG begins a quiet rebranding—here’s what that looks like. The WEF published a report on an initiative it’s launched to address one of the loudest attacks leveled against ESG: Those letters stand for everything, and therefore nothing, which makes it nearly impossible to establish fair, universal metrics. – Read More on Fast Co.
4. Cartier-owner Richemont’s earnings may show the bright spot that luxury companies have been waiting for—demand from Chinese shoppers. “There are macroeconomic problems … but mainland China was double digit positive,” Richemont CFO Burkhart Grund said. – Read More on Fortune
5. Las Vegas Show ‘MJ Live’ Sues Michael Jackson Estate Over Trademark Dispute. The suit claims that estate sent cease-and-desist letters to six venues across California, Florida, Illinois, Ohio and Wisconsin, and refers to them as “intentional and wrongful interference” that was “intended to harm Plaintiff.” – Read More on THR
