Daily LInks
1. Fashion Industry In 2023: Sustainability Surges, Tech Soars, Challenges Persist. The demand for eco-friendly clothing saw a remarkable 25% increase, indicating a growing consciousness among consumers. Another significant trend in 2023 was the adoption of smart textile-based wearable devices. – Read More on BW
2. High-end brands like LVMH and Gucci-owner Kering felt the pinch in 2023—but a new type of luxury is gaining a share of consumers’ wallets. While some outliers, like Hermès, defy the downturn with strong Q3 sales, the overall luxury sector is navigating uncertainties. However, niche segments, such as luxury cruises, are thriving. – Read More on Yahoo
3. Wary courts confront AI pitfalls as 2024 promises more disruption. U.S. judges grappled with the use of evolving AI tools in their courtrooms, particularly after lawyers made headlines for submitting legal briefs with fictitious case citations that were generated by tools like OpenAI’s ChatGPT. – Read More on Reuters
4. Google settles $5 billion consumer privacy lawsuit. The lawsuit accused Google of continuing to “track, collect, and identify [users’] browsing data in real time” even when they had opened a new Incognito window. – Read More on ArsTechnica
5. Why 2024 is poised to be the year international apparel brands take over the U.S. market. Although American shoppers are pulling back spending on discretionary items like apparel, the U.S. still continues to be an attractive market for international brands looking to scale their businesses. – Read More on Modern Retail
6. The Key Branding Trends Set to Define 2024. Busy multicolored backgrounds and bright text are being used all over the place to create memorable brand experiences and connect brands to a feeling of joy. – Read More on Inc.
