Daily LInks
1. U.S. Lawmaker Demands LVMH’s Loro Piana Answer for ‘Exploitation’ in Peru. A US lawmaker wants Loro Piana to answer for what he sees as the “exploitation” of Indigenous workers providing raw materials for the Italian fashion house’s trademark luxury sweaters. – Read More on Bloomberg
2. RELATED READ: You can find the letter that U.S. Congressman Robert Garcia sent to Loro Piana – in which he requests a written response to questions in connection with the U.S.-Peru Free Trade Agreement – right here.
3. Tesco loses appeal it infringed Lidl’s trademark with discount scheme logo. Britain’s biggest retailer Tesco lost an appeal against a ruling that it infringed German discount supermarket Lidl’s trademark over the use of a yellow circle on a square blue background. – Read More on Nasdaq
4. Big Tech says AI watermarks could curb misinformation, but they’re easy to sidestep. The technologies are only in their infancy and in a limited state of deployment but, already, watermarking has proven to be easy to bypass. – Read More on NBC
5. Gucci owner Kering issues rare luxury sector profit warning. “The bad news on Kering is company specific, but is also a good reminder that consumer confidence and discretionary spend in China is soft.” – Read More on the FT
6. Speaking of China … Demand for Rolex and Tag Heuer watches slump as demand in China falls. Sales in the U.S., Japan, Singapore, the UAE, and France remained on a positive course in February, but it was not enough to offset the sharp decline in demand for Rolex and other watches in mainland China and Hong Kong. – Read More on Yahoo Finance
