Daily LInks
1. US to Take Steps to Curb Low-Value Chinese Shipments Under $800 De Minimis Exemption. The U.S. government is planning to implement measures to reduce the number of low-value shipments from China that qualify for duty-free entry under the $800 de minimis exemption, a move that could impact e-commerce and retail sectors. – Read More on Reuters
2. Consumer Said Luxury Brands Like Gucci Have Hired Security To Report Counterfeit Goods To Customs Agents At Airports. Luxury brands such as Gucci are reportedly hiring security personnel to work with customs agents at airports in an effort to identify and seize counterfeit goods, as part of a larger crackdown on fake luxury items. – Read More on Twisted Sifter
3. Adidas Has a New Futuristic 3D-Printed Shoe Coming Out Soon. Adidas is set to release a new futuristic shoe that utilizes 3D-printing technology, continuing the brand’s push for innovation and cutting-edge footwear design. – Read More on Yahoo
4. Is Streetwear Finally Over? The streetwear trend, epitomized by brands like Off-White, is losing its cultural dominance as new fashion trends emerge at New York Fashion Week. – Read More on The Washington Post
5. How Extinction Rebellion’s London Protest Led to a $200 Million Fashion Fund. Extinction Rebellion’s protest in London spurred the creation of a $200 million fashion sustainability fund aimed at mitigating the environmental damage caused by the fashion industry. – Read More on BBC
6. OpenAI’s Stunning $150 Billion Valuation Hinges on Upending Corporate Structure, Sources Say. OpenAI’s potential $150 billion valuation is tied to its plans to restructure its corporate model, positioning itself to dominate the AI sector. – Read More on The Print
7. How the Fashion Industry is Grappling With Deadstock. The fashion industry is dealing with the growing issue of deadstock—unsold and unused inventory—by adopting sustainable practices like upcycling and recycling. – Watch on CBS News
8. Shein is Officially the Biggest Polluter in Fast Fashion – AI is Making Things Worse. Shein has become the largest polluter in the fast fashion industry, with AI-driven production and demand forecasting exacerbating its environmental impact. – Read More on Wired