Daily LInks
1. The fashion industry shrugs at the “circular economy.” Clothing makers are still “busy pushing more and more products into the market” — and incinerating unsold inventory rather than giving it a new life. – Read More on Axios
2. Fashion retailers resilient despite consumer fears. A strong start to June for the world’s second-biggest fashion retailer H&M, an optimistic outlook from Hugo Boss and a return to profitability at ASOS helped allay concerns over a sector hit by weakening U.S. demand. – Read More on Reuters
3. Twitter is facing a $250 million lawsuit filed by major music publishers. The lawsuit alleged that the social network “fuels its business with countless infringing copies of musical ‘compositions, violating Publishers’ and others’ exclusive rights under copyright law.” It added that, unlike its competitors TikTok and Instagram, Twitter hasn’t struck a music licensing deal for the use of copyrighted music. – Read More on TechCrunch
4. Rapid advances in AI set to upend intellectual property. Should an AI system be considered an inventor and granted a patent for its invention? And how should regulators respond to copyrighted material being fed into AI systems? – Read More on the FT
5. Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List: Louis Vuitton is taking steps to diminish the availability of the Neverfull bag. Consequently, this item is now exclusively accessible through alternative purchasing methods, with online and in-store direct purchases no longer available. – Read More on PYMNTS
