Daily LInks
1. The implosion in luxury ecommerce. The implosion at both Matchesfashion and Farfetch represent a dramatic reckoning for the luxury ecommerce sector, which until recently had been the beneficiary of some of the most powerful trends of the past decade — the era of easy money, a historic boom in luxury goods sales and Covid. – Read More on the FT
2. How fashion can afford and accelerate decarbonization. Our analysis has found that two in five brands have seen their emissions intensity increase. Only 37 percent are on track to reach their 2030 decarbonization goals. – Read More on McKinsey
3. Shein’s fast fashion comes with fast-finance risks. It gathers info on how consumers browse and what flicks their switches. It then serves up that information to around 5,000 manufacturers, who can create small-batch products sold on Shein’s platform. – Read More on Reuters
4. Is Your Company’s Data Ready for Generative AI? 80% of CDOs and data leaders agreed that gen AI would eventually transform their organization’s business environment, and 62% said their organizations were planning to increase spending on it. – Read More on HBR
5. Gwyneth Paltrow’s Goop hit with trademark lawsuit over female health products. Good Clean Love Inc. is suing Gwyneth Paltrow’s company that specializes in female and health hygiene products for allegedly selling products using a confusingly similar trademark and creating a likelihood of reverse confusion. – Read More on Fortune
