Daily LInks
1. Stella McCartney: We Need Policy Change in Fashion Industry. McCartney discusses sustainable fashion, collaborating with other designers to inform people to consume less and needing incentives in the future, a policy change in the industry to help it become cleaner. – See More on Bloomberg
2. Fashion’s New Look for Stores: Bigger, Better, Fewer. “Now it’s about engaging with consumers and giving them an experience,” said Henrik Nordvall, manager of H&M’s U.K. business. – Read More on the WSJ
3. Shopify, online payment platforms get free pass on jurisdiction from appeals court. If an online retailer delivers physical products to CA, AZ, NV or other states in the 9th Circuit, the business can be sued in that state, even if the online seller is not incorporated or headquartered on the West Coast. – Read More on Reuters
4. Shein Faces an Uphill Battle to Sustain Growth. The company plans to offer faster shipping and a broader range of merchandise, putting it in more direct competition with Amazon. – Read More on the Information
5. There’s a gap between AI talk and businesses actually using it. America’s biggest companies can’t stop hyping artificial intelligence to investors, but new data shows few businesses are putting the technology to actual use. – Read More on NBC
6. Neiman Marcus Rejects $3B Takeover Bid by Saks. Neiman rejected Saks’s most recent takeover offer, which valued the upscale chain at close to $3B, objecting to the deal’s structure, a significant portion of which wasn’t in cash. – Read More on the WSJ
