Daily LInks
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