Daily LInks
1. Shein denies that it’s under Chinese cybersecurity review. Fast fashion giant Shein is disputing a Wall Street Journal report that it’s being investigated by Chinese cybersecurity regulators. – Read More on Axios
2. Clothing brands failing to eradicate forced labor risk in supply chains, research finds. “They remain largely reactive to human rights violations, rather than evidencing robust, embedded human rights and environmental due diligence practices designed to prevent them.” – Read More on CNBC
3. Should Amazon Be Responsible for Everything It Sells and Ships? The U.S. Consumer Product Safety Commission is preparing an order that could classify Amazon’s online retail business as a distributor of goods, which could give Amazon the same responsibilities as traditional retailers and potentially open it up to lawsuits and extensive recalls. – Read More on the WSJ
4. Ferrari burst closes gap with luxury king Hermes. Scarcity is working in Ferrari’s favour. Its sold-out order book of cars like the 488 Pista which can cost over $400,000 stretches several years. – Read More on Reuters
5. The fight against greenwashing starts with AI. Ambiguity around ESG ratings exists for a number of reasons. Siloed and overlapping data, incomplete and exaggerated self-reporting, the lack of measurement standards, and bona fide greenwashing are all culprits. – Read More on Fortune
6. Over a third of EU firms adopt AI, bringing digital goals in reach. In 2022, however, only a quarter of EU businesses had adopted AI and a report last year estimated the European Union was at risk of falling behind its Digital Decade goals by ten years unless the governments focused on bridging the skills gap. – Read More on Reuters
