Daily LInks
1. How TikTok drives fast fashion: According to a Marketing Charts survey of Gen-Zers, 39% were directly influenced to buy a product after seeing it on TikTok. – Read More on Axios
2. Burberry Director Draws Protest Over Day Job as Danone CEO: A third of Burberry Group shareholders voted against the re-election of board member Antoine de Saint-Affrique amid concerns about directors who also hold other jobs spreading themselves too thin. – Read More on Bloomberg
3. Christie’s Sold $4.1 Billion in Art in the First Half of 2022: Roughly 34% of new global buyers are millennials, many of whom are gravitating to luxury goods like handbags. Christie’s sold a white crocodile Hermès Kelly handbag last month for $239,400. – Read More on the WSJ
4. TikTok is full of shady secret advertisements: With the internet and social media, there is a seemingly infinite supply of content to regulate and almost no transparency, which makes it exceedingly difficult for the agencies charged with enforcing the rules to know when they’re being broken. – Read More on Vox
5. Gap CEO exit opens door for spin-off talks again: The abrupt exit of Gap Inc’s CEO on the back of falling sales and shrinking margins will likely push the struggling apparel retailer to sell one or more of its brands, analysts said. – Read More on Reuters
