1. Five Takeaways From the New EU Circular Fashion Strategy. The 2022 EU Strategy for Sustainable and Circular Textiles is part of a larger effort from the 27-nation bloc to establish a circular economy within all industries, reach climate neutrality by 2050. – Read More on Earth.org
2. Is A.I. the Death of I.P.? Fair-use litigation can make your head spin, not just because the claims of infringement often seem far-fetched—where is the damage to the rights holder, exactly?—but because the outcomes are unpredictable. And unpredictability is bad for business. – Read More on the New Yorker
3. Luxury Hand-Me-Downs Are Now Worth Billions of Dollars. Shoppers have splashed out $1.3 trillion on new luxury handbags, clothes, watches and jewels over the past four years alone. At least some of that stuff will find its way onto secondhand websites. – Read more on the WSJ
4. Burberry’s weakness could entice luxury shopper. Shares in Burberry are down 45% from a year ago as CEO Jonathan Akeroyd struggles to turn the £4.5B brand around quickly in a tough luxury market. Its depressed valuation is getting close to the level that may attract a potential suitor. – Read More on Reuters
5. It’s Time for the Government to Regulate AI. Here’s How. Lawmakers have a range of tools at their disposal. We have spent two decades learning the hard way what happens when tech companies have unchecked, unregulated power to swallow up markets and eliminate competition. – Read More on Politico