Daily LInks
1. LVMH Is Considering Options for Marc Jacobs Amid Buyer Interest, Sources Say: The fashion giant has been working with advisers to study possibilities for Marc Jacobs after getting approaches from suitors. The brand could attract bids from other consumer companies as well as private equity firms. – Read More on Bloomberg
2. Lina Khan Wears Prada. Europe and Japan have approved the merger, which is more evidence that the FTC lawsuit comes out of left field. There’s no legal or economic logic to the Khan FTC’s antitrust policy other than that the only good merger is a dead merger. – Read More on the WSJ
3. China’s shoppers still want luxury. But they’re OK with secondhand. The rising popularity of secondhand luxury goods is an extension of a growing emphasis on value in daily shopping habits – notably among Gen Z consumers, who face an uncertain job market. – Read More on Nikkei Asia
4. In the Battle of Drake vs. Kendrick Lamar, A.I. Is Playing Spoiler. “I don’t think any of us want to live in a world where you can just create unauthorized representations of people without their permission,” said Alex Jae Mitchell, the chief executive of Boomy, a generative A.I. music start-up. – Read More on the New York Times
5. Lawsuit over Wall Street’s ‘Fearless Girl’ statue is settled. Kristen Visbal and State Street Global Advisors signed a settlement agreement following mediation earlier in the month, their lawyers said in a letter filed on Saturday in federal court in Manhattan. – Read More on Reuters
