Daily LInks
1. Could India Be the Next China for Luxury Fashion? Despite its small base, Barclays estimates the market will quickly grow at an annual rate of 15 to 25 percent for the next seven years to reach between 23 billion euros and 38 billion euros, driven by a rising middle class. – Read More on Yahoo
2. Louis Vuitton’s Opposition to Trademark For Gardening Tools Fails Spectacularly. The luxury brand opposed the trademark application for a company in the UK called L V Bespoke. Louis Vuitton asserted that only it could use the letters “L” and “V” in its branding. – Read More on Techdirt
3. AI washing: A Microsoft VC’s warning about dubious, and rising, corporate AI claims. Analytics firm FactSet dug through earnings call transcripts of S&P 500 companies for the three months ending in mid-March and found that 179 companies used the term “AI,” which exceeds the five-year average of 73 companies. – Read More on CNBC
4. RELATED READ: Greenwashing, AI Washing Come Under the Regulatory Microscope. Both “greenwashing” and “AI washing” have been a focus of regulators as of late as companies continue to make marketing claims that cater to consumers and/or other businesses that run afoul of reality. – Read More on TFL
5. To solve the climate crisis, we need to live in a less material world. Today’s consumer culture, where many products have a short lifespan and where most materials are only used once before being discarded, must be fundamentally changed. – Read More on Reuters
