Daily LInks
1. America can’t resist fast fashion. Shein is tailored for it. Shein shoppers are mostly Generation Z and millennial women, and while these consumers are worried about the environment and seeking sustainability, Shein broke through, tailor-made for our age of social media and microtrends. – Read More on NPR
2. Fashion brands want you to be able to identify counterfeits. Authentique is just one version of a so-called digital ID or passport: a digitized ‘twin’ of a designer piece that allows buyers to verify it is genuine and track its life cycle. – Read More on CNN
3. LVMH is suffering a vibe shift in the luxury business. It has been safe recently to bet on growing wealth, rising inequality and aspirational buying in China and other countries. But even ultra-luxury department stores think that some handbags have become (whisper it) too expensive. – Read More on the FT
4. Consumers Are Less Interested in Brands Taking Stances on Sociopolitical Issues, Survey Finds. People expect companies to take action on pay equity, healthcare and climate change, according to an annual Gallup survey on business in society, but have decreased interest in sociopolitical stands. – Read More on the WSJ
5. Google to defend generative AI users from copyright claims. Google will defend users of generative artificial-intelligence systems in its Google Cloud and Workspace platforms if they are accused of IP violations, joining Microsoft, Adobe and other co. that have made similar pledges. – Read More on Reuters
6. ICYMI: Extreme weather may cost the global fashion industry $65 billion by 2030. Major garment manufacturing centers including Dhaka, Phnom Penh, Karachi, Lahore, Ho Chi Minh City and Hanoi are already confronting extreme heat and humidity. – Read More on CNN
