Daily LInks
1. Markets Diesel Owner Eyes Possible 2025 Milan IPO. The chairman of fashion group OTB, which owns brands like Diesel and Maison Margiela, says the holding company may look for a Milan stock-market listing next year. – See More on Bloomberg
2. The Newest Event at the 2024 Olympics: Luxury. Luxury brands realize that a growing share of their business depends on aspirational consumers they can reach through hugely popular events that ditch old-school exclusivity. – Read More on the WSJ
3. Europe within reach of landmark AI rules after nod from EU countries. Europe on Friday moved a step closer to adopting rules governing the use of artificial intelligence and AI models after EU countries endorsed a political deal reached in Dec. – Read More on Reuters
4. RELATED READ: AI Act: A Dive into the EU’s Landmark Artificial Intelligence Rules. The European Council calls the AI Act “a flagship legislative initiative with the potential to foster the development and uptake of safe and trustworthy AI across the EU’s single market by both private and public actors.” – Read More on TFL
5. The Red Sea shipping chaos could make your next fashion outfit just a couple weeks out of date. Many companies, especially those whose sales depend on fast fashion trends and speedy deliveries, will find themselves forced to choose between delivering trends on time by expediting their packages through expensive routes, like air freight. – Read More on Fortune
