1. European fashion industry faces scrutiny over Uyghur labor. A “substantial volume” of clothing coming into the European Union likely contains materials sourced from Uyghur forced labor, according to a new report. – Read More on Yahoo
2. Brands are blaming Temu & Shein for poor business performance. In August, Gap’s EVP mentioned that Shein was one of several competitors “gaining share” and “compet[ing] with our customer. We have a lot to do there to keep winning in that space.” – Read More on Modern Retail
3. EU’s AI Act could exclude open-source models from regulation. The European Union’s landmark AI Act may exempt open-source models – i.e., the free and open sharing of software code, allowing anyone to contribute to upgrading it or resolving bugs – from strict regulation. – Read More on Reuters
4. Shopping for Luxury Online Has Fallen Out of Fashion. Muted e-commerce sales aren’t necessarily a bad thing for luxury brands. They still prefer customers to come to their fancy stores, which double as a marketing tool. – Read More on the WSJ
5. Shein IPO: What it could mean for the fashion industry. “When I talk about regulations, I think I’m more interested in directional positioning. For example, pushing recycling products so that recycling capabilities are more available to customers.” – Read More on Fast Co.
6. You Need a Generative AI Strategy. “The more you can start getting your organizations ready now, then you’ll be ready for the next transformation. Right now, there’s a very specific set of technology that AI is based on. That will almost certainly be different in 5-10 years.” – Hear More on HBR