Daily LInks
1. Novo Nordisk and Viatris Settle Patent Dispute for Weight Loss Drugs. Novo Nordisk and Viatris have settled a patent dispute over weight-loss drugs, resolving a legal battle that could impact the distribution of products like Wegovy and Ozempic. – Read More on MSN
2. LVMH Investors Jittery Over Weak China Demand for Designer Goods. Investors in LVMH are growing anxious over sluggish demand for luxury goods in China, which could impact the company’s financial outlook and the broader European luxury sector. – Read More on Reuters
3. Uniqlo: A Force of Fabric in the Fast Fashion Sector. Uniqlo’s rise in the fast fashion sector illustrates fabric innovation and its ability to stand out in a competitive market dominated by sustainability concerns. – Read More on Forbes
4. Nike CEO Elliott Hill Returns to a Struggling Shoemaker. Former Nike CEO Elliott Hill has returned to the company as it struggles to overcome recent challenges, including changes in consumer preferences and a drop in sales. – Read More on Bloomberg
5. Has Luxury Hit Bottom? The current state of the luxury industry raises questions about whether the sector has hit its lowest point amid weak demand and economic challenges, and what the future holds for luxury brands. – Read More on Business of Fashion
