1. Is AI reshaping the fashion industry? AI models can be “trained by historical inventory levels and sales performance to predict future sales, businesses can make more informed decisions about what to stock and when.” – Read More on the Week
2. Can AI Fix the Retail Supply Chain? Data is a powerful tool in CPG, but it’s often siloed in organizations. GPT models can change that by helping nontechnical users analyze data to answer key business questions, relying on natural language instead of SQL or data scientists. – Read More on S&P Global
3. OMG Girlz Case Sidesteps Cultural Appropriation’s Day in Court: Former teen pop group OMG Girlz is back in a California courtroom today claiming that doll maker MGA Entertainment ripped off its name, style, and likeness. – Read More on Bloomberg
4. Bergdorf’s New ‘Conscious Closet’ Program Lets You Donate, Repair, or Resell Pre-Owned Luxury Goods: The cost of the respective services will depend on your relationship with the brand. “If it’s a long-standing client, some services come complimentary.” – Read More on Robb Report
5. Coach bags help Tapestry defy U.S. luxury gloom with forecast raise: Tapestry’s Coach handbags – which typically sell for less than $1,000 – have attracted more Gen Z and millennial consumers with collections such as Tabby and Willow, with the brand’s sales jumping 7 percent. – Read More on Yahoo