Daily LInks
1. Google Sues to Block AI Ads Preying on Small Businesses. Scammers are capitalizing on the rush of consumer interest in artificial-intelligence tools to steal U.S. small businesses’ social-media-account passwords, Google alleges in a new lawsuit. – Read More on WSJ
2. US retailers stuck with excess stock offer bargains as holiday season nears. Major U.S. retailers from Walmart to Macy’s could be saddled with too much stock for a second straight year, jeopardizing retailers’ profit margins and generating steep discounts for shoppers. – Read More on Reuters
3. U.S. forced labor laws strain China-dependent garment supply chains. The garment industry’s reliance on China for materials is presenting a major challenge as the U.S. “aggressively” cracks down on products with links to Xinjiang province. – Read More on Nikkei
4. The story behind the £1m handbag – and other outrageously priced fashion items. The bag is one of many items this season that come with eye-watering price tags. Those who can’t stretch to a Millionaire Speedy could instead elect to blow their budget on a £50,000 Burberry cocktail dress, a £14,000 Valentino skirt, a £11,500 Brunello Cucinelli jacket or a £7000 Bottega Veneta tote. – Read More on the Telegraph
5. No trademark for ‘Everybody vs. Racism,’ US appeals court says. A U.S. appeals court on Monday said the phrase “Everybody vs. Racism,” cannot be granted a trademark because it is not used to identify the maker or seller of a specific product. – Read More on Reuters
6. Chinese fast fashion retailer Temu overtakes Shein to dominate Japan and South Korea apps. “Temu has rapidly expanded its footprint beyond the U.S. and into a number of international geographies and we believe is now available in 40+ countries … where we continue to see opportunities for growth in the quarters ahead.” – Read More on CNBC
