Daily LInks
1. Luxury Sector Cut at Barclays, Deutsche Bank on China Woes. Luxury-goods companies face the risk of disappointing sales growth in China that will weigh further on their stock prices, Barclays Plc and Deutsche Bank AG said, cutting their ratings on the industry. – Read More on Bloomberg
2. Is That a Model or AI? Its hyper-realistic models don’t by default indicate that they’re AI-generated. “The responsibility to disclose that the models are AI-generated lies with the company or user.” – Read More on the WSJ
3. After a century of marrying risky artistry with commercial savvy, the fashion industry has all but abandoned design talent. European brands — even houses with a long history of producing high fashion — started to conceptualize fashion as luxury. Luxury means status and money — that $5,000 handbag with a telling logo. – Read More on The Cut
4. Four Asian nations to lose $65bn this decade as heat and flooding shock clothing industry. Brands, investors and regulators are not prioritizing in planning for climate risks in the countries that collectively represent 18 percent of global apparel export due to the industry’s focus on mitigation rather than adaptation measures. – Read More on the Independent
5. AI Regulation Takes Baby Steps on Capitol Hill. The much-hyped forum on artificial intelligence, which was closed to the press and the public, was meant to set the tone for collaboration between the world’s biggest tech companies and Congress as it seeks to pass bipartisan AI legislation within the next year. – Read More on Time
6. American Eagle sues Westfield over San Francisco mall conditions. American Eagle filed a lawsuit against shopping mall owner Westfield, accusing the company of allowing its San Francisco Centre mall to “deteriorate into disarray.” – Read More on CNN
