Daily LInks
1. Kering’s Gucci Show Gains Erased by Rare Negative Recommendation. Bank of America Corp. analyst Ashley Wallace downgraded the French luxury company to underperform on Monday. – Read More on Bloomberg
2. EU antitrust regulators set Oct. 20 deadline for Farfetch, Richemont deal. EU antitrust regulators will decide by Oct. 20 whether to clear luxury e-commerce company Farfetch’s acquisition of a stake in online fashion retailer YOOX Net-A-Porter from Richemont, a European Commission filing showed. – Read More on Reuters
3. RELATED READ: Breaking Down the YNAP Deal. With two of the biggest names in the luxury e-commerce space seemingly on track for an ultimate merger, it is tempting to wonder whether the space will operate as a monopoly – or whether a combination of YNAP and Farfetch would be blocked by regulators for this very reason. – Read More on TFL
4. What Nike Earnings Tell Us About the State of Retail. “Even during COVID and post COVID, there was a frenzy of buying of luxury goods. This is over. We’re going back towards a period of normalization.” – Hear More on the WSJ
5. ‘Trump Too Small’ Fight Splits First Amendment Trademark Views. Recent friend-of-the-court briefs filed at the US Supreme Court spar over whether a Lanham Act provision barring marks “identifying a living individual” without their consent fundamentally differs from stricken bans on disparaging or vulgar marks. – Read More on Bloomberg
6. Will Greater Convenience Help eBay Grow Its Luxury Resale Offerings? Competition is building in the resale space as more retailers seek to take control of their own second-hand markets, according to a study by thredUP, but offering the best customer experience for sellers as well as buyers might be the key to eBay remaining at the top. – Read More on RetailWire