1. Gucci Just Can’t Keep Up With Brunello Cucinelli and Hermes. Hermes beat estimates and said it saw no signs of demand waning among its well-heeled clientele in any of its markets. In the same vein, last week Brunello Cucinelli SpA upgraded its revenue forecast for the third time this year. – Read More on the Washington Post
2. U.S. Trade Loophole Fuels Rise of China’s New E-Commerce Firms. A record of more than one billion packages entered the U.S. in the fiscal year ended Sept. 30 under the de minimis exemption—twice the 2019 level, according to an estimate by U.S. Customs and Border Protection. – Read More on the WSJ
3. AI, machine learning, and robotics are making the retail supply chain more efficient and resilient. Retail-technology experts say that without these innovations, supply chains would struggle to function in the face of fast-changing customer expectations and turbulent economic times. – Read More on Business Insider
4. To Sell an Unconventional Product, Tell a Compelling Story. The key to unlocking their success lies within the art of storytelling: stories cloaked in abstract language, capable of weaving cohesive mental tapestries, and sprinkled with familiar elements can make quirk work. – Read More on HBR
5. Governments must not rush into policing AI. The EU is finalizing an expansive AI act; the White House is expected soon to issue an executive order aimed at LLMs; and next month, the British government will convene world leaders and tech bosses for an “AI Safety Summit” to discuss the extreme risks that AI models may pose. – Read More on the Economist