Daily LInks
1. Apple accused of monopolizing smartphone markets in US antitrust lawsuit. The U.S. Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. – Read More on Reuters
2. Who’s the Aspirational Luxury Consumer? Many Different People. The cohort has different tastes, financial resources, purchasing habits, inclination to become a true luxury consumer and different ages and backgrounds. – Read More on Yahoo
3. What France’s crackdown on Shein and Temu means for global ultra-fast fashion. “Hopefully, [it] helps become a model or move other regulatory bodies to consider these issues and consider what the role of regulation is in addressing the challenges we’re seeing in the industry.” – Read More on the BBC
4. Shein to Market Its Unique Supply-Chain Tech to Global Brands. Under the plan, Shein would make its supply-chain infrastructure and tech available to outside brands and designers to test out new fashion items in small batches and track how popular they are with consumers. – Read More on the WSJ
5. Should Amazon be afraid of Temu? More than a third of the U.S. e-commerce market flows through Amazon. Now Temu wants to undercut its U.S. rival, delivering impossibly cheap stuff to Americans straight from factories in China. – Hear More on the Economist
