Daily LInks
1. Morgan Stanley, Frasers settle UK lawsuit over $1B margin call. British retail tycoon Mike Ashley’s Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1B margin call, a spokesperson for the Wall Street bank said on Friday. – Read More on Reuters
2. Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark. Tesla in a hearing at the Delhi High Court this week said the Indian company had continued advertising its products with the “Tesla Power” brand despite a cease-and-desist notice sent in April 2022. – Read More on Yahoo
3. Geopolitics Takes a Central Role in Supply Chains. Companies’ top supply chain concerns until recently were how to find a reliable source for products at the lowest cost. “Supply chain managers today are thinking more about geopolitical risk than they are about any other risk.” – Read More on the WSJ
4. How Gucci Fell Off the Catwalk. Kering was seen as a white knight when in 1999 it swooped in to buy Gucci out from under LVMH. Gucci, a legendary Italian house once synonymous with larger-than-life luxury, fell from its rarefied perch long ago. – Read More on Bloomberg
5. RETRO READ: The Battle for the Gucci Group, “One of the Most Bitter Fights in Corporate History.” The big question at play between François Pinault and Bernard Arnault: Who would claim ownership and control over one of the most famous fashion brands in the world, Gucci? – Read More on TFL
