Daily LInks
1. The latest industry upset with the use of AI: Fashion. “As models, our image, our measurements, our posture, our body shape is our brand. In many cases, somebody takes ownership of that brand without our knowledge and without our compensation. We’re literally competing against ourselves in the market.” – Read More on Al Jazeera
2. Van Cleef’s Alhambra Clovers Are the New Cartier Love Bangle on TikTok. Jewelry is no longer the preserve of the 1%. Young women and men are taking to TikTok to show off the jewelry, which contains five clover motifs — and costs around $5k each. – Read More on Bloomberg
3. Tod’s CEO says he has no plans to sell “family business.” Diego Della Valle currently holds 64.5% of the group together with his brother Andrea. Under the deal, he will tender his personal 10.45% stake to L Catterton, while retaining 54% with his brother. LVMH will keep its current 10% stake. – Read More on Reuters
4. Tod’s delisting reflects luxury’s appetite for private ownership: Tod’s Group’s shift to private ownership under L Catterton’s auspices underscores a trend of luxury brands seeking greater autonomy to navigate market volatility. – Read More on Jing
5. Bifurcation between luxury brands is growing, says former LVMH exec. “The reality is there is some shift going on in terms of experiences versus goods, and what is a really interesting trend which I’m going to continue to watch are the bigger luxury brands going into hospitality.” – Read More on Yahoo
6. How a Well-Executed Social Initiative Strengthens Your Brand. The effectiveness of social programs hinges on their alignment with a company’s identity and their ability to resonate with societal challenges, create a strong brand identity, generate excitement, and be scalable. – Read More on HBR
