1. Ye’s Adidas Breakup Scrambles the Sneaker Resale Market: On Wednesday morning, the StockX sales price of the Adidas Yeezy Boost 350 V2 model in salt (a grayish hue) climbed to $307, up from $215 one week ago. – Read More on the WSJ
2. This obscure shopping app is now America’s most downloaded: Temu shot up to the top spot in app store charts, beating out Amazon, Walmart, and its Chinese competitor Shein, but it has a long way to go before it can replicate the e-commerce success it’s seen in China. – Read more on MIT Tech Review
3. The Curious Case of the Alexander McQueen Graffiti Skirt: The lookalike skirt has become the latest example of a much deeper problem in fashion, an industry that has long played fast and loose with its source material and how it defines, or even begins to footnote, inspiration. – Read More on the New York Times
4. Gagosian Denies Rumors That it is Being Acquired by Luxury Goods Conglomerate LVMH: “There is absolutely no truth to the rumor and the company is not for sale,” the Gagosian spokesperson said in an email. – Read More on ArtNews
5. RELATED READ – LVMH: A Timeline Behind the Building of the World’s Most Valuable Luxury Goods Conglomerate. “In the 90s, I had the idea of a luxury group and at the time I was very much criticized for it. I remember people telling me it doesn’t make sense to put together so many brands.” – Read More on TFL
6. Tapestry deepens push into China, undeterred by luxury market slump: Tapestry’s planned expansion in China is unusual, both for the company’s willingness to tap lower-tier cities where most Western competitors are reluctant to tread, as well as for its timing. – Read More on Reuters