Daily LInks
1. Shareholder Demands Books and Records From Fashion Sale App. A shareholder is seeking access to the books and records of a fashion sale app, raising concerns about transparency and potential financial mismanagement within the company. – Read More on Bloomberg Law
2. PVH Faces Chinese Scrutiny Over Xinjiang Boycott. PVH, the parent company of Tommy Hilfiger, is under investigation by China for its alleged boycott of products from the Xinjiang region, amid growing tensions between global fashion brands and Chinese labor practices. – Read More on AP News
3. LVMH and Hermès Shares Are Heading to the Clearance Bin. Shares of luxury giants LVMH and Hermès are experiencing a sharp decline, raising concerns among investors as the luxury market faces economic challenges. – Read More on Bloomberg
4. New Bill Aims to Block US Funding for Projects Tied to Uyghur Forced Labor. A newly proposed bill seeks to prevent US funding for projects linked to forced labor involving Uyghur workers in China, further tightening restrictions on imports tied to human rights violations in the fashion and retail industries. – Read More on Just Style
5. LVMH’s Bernard Arnault Faces Backlash Over Memo Banning Staff Contact With Select Media Outlets. Bernard Arnault, head of LVMH, is facing criticism following the release of a memo banning employees from communicating with certain media outlets, sparking concerns over press freedom and transparency. – Read More on Financial Times
