Daily LInks
1. Chinese Gen Z will drive sustainability conversation in fashion, as Covid-19 heightens a sense of responsibility: “The pandemic has made people in China reassess their relationship with the environment,” and young Chinese consumers are shopping differently now, which could be the change the industry needs. – Read More on SCMP
2. Retail workers have a new ally in their fight for paid sick leave: Activist investors filed shareholder proposals against CVS, Kroger, Target, and TJX, the owner of TJMaxx and Marshalls, demanding that these companies ensure their employees—including part-time staff—can accrue paid sick leave. – Read More on Quartz
3. A look at the year ahead in fashion industry trends and technology: Luxury brands are increasingly turning to NFCs embedded in their goods to offer additional safeguards. – Read More on Forbes
4. Metaverse real estate sales top $500 million, and are projected to double this year: A report from BrandEssence Market Research found that the metaverse real estate market is expected to grow at a compound annual rate of 31% a year from 2022 to 2028. – Read More on CNBC
5. Sales at Italian fashion group Zegna rise 27% in 2021: Sales at Italian fashion company Zegna rose by 27% to 1.29 billion euros ($1.45 billion) last year, the group that recently listed on Wall Street said on Tuesday, forecasting revenue growth of at least 13% for this year. – Read More on Reuters
