Daily LInks
1. Gucci Names Davide Buzzoni Global Communications Director. Gucci has appointed Davide Buzzoni as its new Global Communications Director, aiming to enhance its global brand strategy and strengthen media relations. – Read More on WWD
2. Fashion Designer Yohji Yamamoto Says Work Is a ‘Prison’. Renowned fashion designer Yohji Yamamoto reflects on his career, describing his work as a restrictive yet necessary part of his creative expression. – Read More on The Wall Street Journal
3. 3D Printing in the Fashion Industry: A New Era of Design and Customisation. The adoption of 3D printing in fashion is heralding a new era of design and customization, offering unique opportunities for innovation and personalization in garment production. – Read More on Eureka Magazine
4. Dior Recruits Miu Miu CEO as Managing Director. Dior has recruited the CEO of Miu Miu as its new Managing Director, signaling strategic changes aimed at bolstering its luxury brand presence and operational efficiency. – Read More on WWD
5. Shein’s Lawsuit Against Temu ‘Could Cause Market Exit’. Shein’s ongoing lawsuit against Temu over copyright infringement concerns could potentially lead to Temu’s exit from the market, illustrating the high stakes in the competitive fast fashion industry. – Read More on Sunday Times
6. Zara Founder Ortega Triples Investment in Energy Assets. Amancio Ortega, founder of Zara, has significantly increased his investment in energy assets, diversifying his portfolio by tripling his stakes in renewable and conventional energy projects. – Read More on Reuters
7. UK Retail Spending Picks Up After Two Flat Months. Following two months of stagnation, retail spending in the UK has shown signs of recovery, suggesting a potential uplift in consumer confidence and economic activity. – Read More on Yahoo Finance
1. Chanel Launches Necklace-Watch That Connects to Smartphone. Chanel has introduced an innovative necklace-watch that connects to smartphones, blending luxury fashion with technology to create a new category of wearable tech. – Read More on PYMNTS
2. Louis Vuitton Lawyer Beats Arbitration Push, But Loses Bias Suit. A Louis Vuitton lawyer successfully countered an arbitration demand in a lawsuit but ultimately lost the case concerning allegations of bias within the company. – Read More on Bloomberg Law
3. Dr. Marten Sues Temu Over Alleged Boot Design Copy. Dr. Marten has filed a lawsuit against Temu, accusing the online retailer of copying its iconic boot designs, marking a significant intellectual property dispute in the footwear industry. – Read More on Yahoo Finance
4. LaMelo Ball Must Face Trademark Claims Over Sneaker Design. NBA player LaMelo Ball is required to address trademark infringement claims related to his sneaker design, as a judge has ruled that the case will proceed in court. – Read More on Law360
5. Temu Owner’s Shares Plummet 30% as Fast-Fashion Competition Intensifies. The parent company of Temu saw its shares drop dramatically by 30% due to increasing competitive pressures in the fast-fashion industry. – Read More on New York Post
6. Adidas’s Case Against Isabel Marant, Sandro Dismissed by Paris Supreme Court. Adidas’s lawsuit against designers Isabel Marant and Sandro has been dismissed by the Paris Supreme Court, marking the end of a high-profile legal battle over design infringement. – Read More on Fashion Network
1. Fashion Comes Under the Antitrust Microscope. The fashion industry, particularly accessible luxury sectors, is facing increased scrutiny under antitrust laws, with regulators examining competitive practices among leading brands. – Read More on WWD
2. Thousands of Workers at UK Retailer Next Win Equal Pay Case. Thousands of employees at the UK retailer Next have won a landmark equal pay case, marking a significant victory for workers seeking parity with their colleagues in distribution centers. – Read More on Reuters
3. Crypto Bros Aren’t Flipping Watches. That Is an Issue for Luxury Brands. The slowdown in watch trading among cryptocurrency enthusiasts is causing concern for luxury watch brands that had previously benefited from this high-spending demographic. – Read More on The Wall Street Journal
4. Nike Outpaced Luxury Brands in Olympics Earned Media. Nike achieved significant media exposure during the Olympics, surpassing luxury brands in terms of visibility and consumer engagement. – Read More on Fashion United
5. The Surprisingly Subdued Resurrection of Abercrombie & Fitch. Abercrombie & Fitch’s revival has been more low-key than expected, focusing on redefining its brand identity and appealing to a more mature audience without the previous spectacle. – Read More on Vox
6. ‘Roller Lash’ and ‘Lash N Roll’ Mascaras Face Off in TM Trial. The trademark dispute between ‘Roller Lash’ and ‘Lash N Roll’ mascaras has escalated to a trial, where the focus is on consumer confusion and brand identity in the competitive beauty market. – Read More on Law360
1. Can AI Fashion Design Ever Really Be Original? The question of whether AI can ever truly bring originality to fashion design raises concerns over creativity and the potential for genuine innovation in the industry. – Read More on Culted
2. Lululemon ‘Dupes’ Are Just as Cool With the TikTok Crowd. Lululemon alternatives, known as ‘dupes,’ have gained popularity on TikTok, proving that cost-effective versions can rival the appeal of high-priced originals among younger consumers. – Read More on The Wall Street Journal
3. H&M to Close Digital Outlet Afound. H&M has announced it will shut down its digital outlet, Afound, as part of a strategic shift to streamline its business and focus on core brand growth amidst changing market conditions. – Read More on Fashion Network
4. Perfume Offers a New ‘Lipstick Effect’ in the Luxury Slowdown. As luxury markets slow, perfume sales are booming, becoming the new ‘lipstick effect’ where consumers opt for smaller luxury goods amid economic uncertainty. – Read More on Financial Times
5. Crayola Now Owns the Smell of Back-to-School Crayons. Crayola has successfully trademarked the distinctive scent of its crayons, capturing the essence of back-to-school nostalgia and securing a unique sensory brand element. – Read More on Bloomberg
1. The RealReal Shares 2024 Resale Report. The RealReal’s latest resale report highlights significant trends in the luxury resale market, offering insights into consumer behavior and sustainability practices. – Read More on The Impression
2. LEGO and Nike Announce Multi-Year Partnership. LEGO and Nike have launched a multi-year partnership, combining their brand strengths to create innovative and engaging products aimed at diverse markets. – Read More on Hypebeast
3. High and Low-Fashion Business Models Committing Big ESG Faux Pas. Both high-end and low-end fashion models are encountering significant issues with environmental, social, and governance (ESG) practices, raising concerns about sustainability in the industry. – Read More on Investment Magazine
4. Urban Outfitters is Departing from Its ‘Alternative Sensibility’ to Turn Around Namesake Stores. Urban Outfitters is altering its brand identity from its traditional ‘alternative sensibility’ to revitalize its core stores and appeal to a broader customer base. – Read More on Morningstar
5. Chanel Buys 25% Stake in Niche Swiss Watchmaker MB&F. Chanel has acquired a 25% stake in the Swiss watchmaker MB&F, marking a significant investment into high-end watchmaking to diversify its luxury portfolio. – Read More on Reuters
1. Fashion Is Back in Politics. Fashion is once again making a statement in the political arena, with figures like Michelle Obama and Jill Biden using their style choices to communicate broader messages at significant political events. – Read More on The Washington Post
2. Fashion By Numbers: What Chinese Social Ecommerce Can Tell Us About the Future of Fast Fashion. The rise of social e-commerce in China provides insights into the future trends of the fast fashion industry, highlighting how digital platforms are shaping buying behaviors. – Read More on Honi Soit
3. US Congress: New Caucus to Tackle Impact of Fast Fashion. A new caucus in the US Congress aims to address the environmental and ethical impacts of the fast fashion industry, signaling a growing concern over sustainable practices. – Read More on EUWID
4. How A Slowing Luxury Market Is Impacting Ralph Lauren, Capri, Tapestry, and LVMH. The slowdown in the luxury market is affecting major brands like Ralph Lauren and LVMH, forcing them to adjust strategies in response to reduced consumer spending. – Read More on Forbes
5. Luxury Brands Have a Strict Hierarchy. Burberry Found Out the Hard Way. Burberry’s recent struggles highlight the rigid hierarchy within the luxury sector, underscoring the challenges brands face in maintaining their elite status. – Read More on The Wall Street Journal
6. Adidas Executive Board Member Steps Down as Core Team Shrinks. A key member of Adidas’s executive board has resigned, part of a broader contraction of the company’s core management team amidst strategic realignments. – Read More on Fashion Network
7. LVMH’s Sephora Cuts Around 10% of Staff in China as Woes Deepen. LVMH’s Sephora is laying off about 10 percent of its workforce in China, reflecting deeper challenges as it tries to expand in the competitive market. – Read More on Bloomberg
1. Authors Sue Anthropic for Copyright Infringement Over AI Training. A group of authors has filed a lawsuit against Anthropic, claiming that the AI company used their copyrighted works without permission to train its AI models, raising significant intellectual property concerns. – Read More on Reuters
2. OpenAI Signs Content Deal with Condé Nast. OpenAI has entered into a content partnership with Condé Nast, aiming to leverage AI to enhance content creation and distribution across the publisher’s various media platforms. – Read More on The Print
3. Can This $13 Walmart T-Shirt Save the American Garment Industry? American Giant is reinforcing its commitment to local manufacturing with the launch of a new line of T-shirts made entirely in the USA, emphasizing quality and domestic production. – Read More on GQ
4. Fast Fashion Takes Shein Out of Second-Hand Textile Trade. Shein’s rapid production model is impacting the second-hand textile trade, as fast fashion’s quick turnover discourages recycling and reuse of clothing. – Read More on Dutch News
5. Ambani Draws on Shein’s Help in Fashion Battle With Tata. Mukesh Ambani is collaborating with Shein to strengthen his fashion sector strategy as he competes with Tata in India’s fast-evolving retail landscape. – Read More on Bloomberg
6. How AI Can Affect Intellectual Property and What It Means for Leaders. The implications of AI for intellectual property rights highlight the challenges and considerations for business leaders as they navigate the evolving legal landscape. – Read More on Forbes
1. The 50-Year-Old Technology That Brands And Retailers Are Trying to Quit. Many brands and retailers are attempting to phase out older technologies, particularly legacy software and systems, to adopt more modern solutions that enhance efficiency and customer engagement. – Read More on The Wall Street Journal
2. Authors Sue Anthropic Over Claude AI Chatbot. A group of authors has filed a lawsuit against Anthropic, alleging copyright infringement by its Claude AI chatbot, which they claim unlawfully uses their copyrighted works. – Read More on AP News
3. Adidas America Faces OSHA Penalties For Ongoing Hazards at New York DC. Adidas America is facing significant OSHA penalties due to unresolved safety hazards at its New York distribution center, highlighting ongoing workplace safety issues. – Read More on SGB Online
4. In Fast Fashion, The Tug of War Between the Circular Economy And Capitalism Is Glaringly Apparent. The fast fashion industry exhibits a clear conflict between sustainable practices and capitalist drives, complicating efforts towards a circular economy. – Read More on Logistics Viewpoint
5. Ted Baker’s Closure Was Foreseeable From A Fashion Perspective. Ted Baker’s recent closure was predictable from industry trends, as it failed to adapt to changing fashion demands and market dynamics. – Read More on The Guardian
6. LVMH CEO Bernard Arnault’s Family Office Goes Shopping For AI Startups. Bernard Arnault’s family office is investing in AI startups, aiming to integrate cutting-edge technology into LVMH’s operations and strategy. – Read More on CNBC
7. Kanye West Resolves Copyright Lawsuit Over “Life of the Party.” Kanye West has settled a copyright lawsuit related to his song “Life of the Party,” resolving disputes over the unauthorized use of copyrighted material. – Read More on Reuters
1. Ted Baker’s Remaining Stores to Close This Week, Putting 500 Jobs At Risk. The iconic British fashion brand Ted Baker is set to close its remaining stores, resulting in the loss of 500 jobs, as the company continues to face financial difficulties. – Read More on The Guardian
3. Boohoo Withholds Payments From Suppliers Over ‘Poor Quality’. Boohoo has suspended payments to some of its suppliers, citing issues with the quality of products delivered, as part of its strategy to ensure higher standards in its fast fashion offerings. – Read More on The Telegraph
4. Luxury Brands Navigate Japan’s Dynamic Market. Luxury brands are adjusting their strategies in Japan, balancing price hikes and consumer demand, as the market continues to show strong performance despite global economic challenges. – Read More on The Pinnacle Gazette
5. AI-Generated Models Revolutionize The Fashion Industry. The fashion industry is increasingly adopting AI-generated models, offering a futuristic approach to fashion marketing and production, which could reshape the industry’s landscape. – Read More on DW
6. News Publishers vs. Generative AI: Can Copyright Law Keep Up? As generative AI tools become more prevalent, news publishers are increasingly concerned about copyright protection, questioning whether current laws can adequately safeguard their content. – Read More on Editor & Publisher
1. Explainer: How Mass Fashion Can Benefit from the Luxury Slowdown. As luxury brands face a slowdown, mass fashion retailers have the opportunity to capture new customers and boost sales by offering affordable alternatives to high-end goods. – Read More on Just Style
2. Walmart’s Q2 Earnings Beat Expectations Amid Strong Consumer Demand. Walmart posted better-than-expected Q2 earnings, driven by strong consumer demand for groceries and essential goods, solidifying its position as a retail leader in a challenging economic environment. – Read More on The Wall Street Journal
3. Luxury-Goods Brands Fear Their Golden Goose — China — Has Been Grounded. The once-booming Chinese luxury market shows signs of weakening, causing concerns among luxury brands that have long relied on China’s appetite for high-end goods. – Read More on Market Watch
4. LVMH is a Luxury That Investors Can Afford. Despite economic uncertainty, LVMH remains a strong investment option due to its robust portfolio and dominant position in the luxury market. – Read More on The Times
5. The Coolest Australian Fashion Brands We’re Coveting Now. Australian fashion is making waves globally with a mix of innovative designs, sustainable practices, and emerging labels that are redefining modern style. – Read More on The Gloss
6. Tapestry Stock Rises After Earnings. The Coach Owner Still Wants to Bulk Up. Tapestry’s stock rose after positive earnings, as the company continues its strategy of expanding its brand portfolio to strengthen its position in the fashion industry. – Read More on Barrons