1. How Luxury Priced Itself Out of the Market. Luxury brands have increasingly raised prices to unattainable levels, alienating middle-class consumers and sparking concerns about the long-term sustainability of the sector. – Read More on Financial Times

2. China’s Brandy Duties Depress Shares of Makers of Spirits, Luxury, and Cars. Shares of French luxury and spirits makers have fallen following China’s introduction of anti-dumping measures on imported brandy, adding to the challenges facing luxury goods and automobile makers. – Read More on Reuters

3. Gucci Gets New CEO Amid Brand Turnaround Efforts. Kering has promoted Stefano Cantino to CEO of Gucci, a move seen as part of the company’s efforts to rejuvenate the brand and restore its position as a leader in the luxury fashion industry. – Read More on WSJ

4. As Nike Struggles, Adidas Must Surf Samba Wave With Caution. As Nike faces challenges, Adidas is riding a wave of success with its Samba sneakers, but industry experts warn the brand must be cautious in maintaining momentum without overextending. – Read More on Reuters

5. Rental Clothing Seems Like an Environmental Win. Is It? Questions have come about whether or not rental clothing is truly a sustainable option for the fashion industry, especially considering the environmental impact of logistics and dry cleaning alongside its potential to reduce waste. – Read More on Washington Post

6. Vendor Says Rue21 Skipped $2M in Bills for Clothing. A clothing vendor has filed a lawsuit against Rue21, claiming the retailer failed to pay $2 million in bills for apparel. – Read More on Law360

1. Nike Stole Company’s Trademark, Then Tried To Bury It In Legal Bills, Court-Ordered Report Says. Forbes reports that Nike was accused of intentionally stealing a small company’s trademark and then attempting to overwhelm the company with legal fees in an effort to bury the issue, according to a court-ordered report. – Read More on Forbes

2. Can AI Help the Fashion Industry Cut Back on Waste? The Drum explores how AI technology is being harnessed to reduce waste in the fashion industry by improving supply chain efficiency and minimizing excess production, potentially reshaping how brands approach sustainability. – Read More on The Drum

3. LVMH Is in the Luxury Driver’s Seat With F1 Deal. LVMH has secured a prominent partnership with Formula 1, leveraging the global sporting event to enhance its brand visibility and maintain its leading position in the luxury market. – Read More on Bloomberg

4. Richemont Offloads Online Retailer Yoox Net-A-Porter to Mytheresa. Richemont has announced the sale of its online retailer Yoox Net-A-Porter to Mytheresa, marking a strategic move to streamline its portfolio and focus on core luxury assets. – Read More on Reuters

5. Why Are the CEOs of Most Luxury Brands Stepping Down? The Times of India investigates the recent trend of luxury brand CEOs stepping down, exploring the pressures of navigating the evolving luxury market and adapting to changes in consumer behavior. – Read More on Times of India

6. Naomi Campbell Admits Charity Failures but Denies Misconduct. Supermodel Naomi Campbell has acknowledged shortcomings in the management of her charity, Fashion for Relief, but firmly denies any personal misconduct amid media scrutiny over the charity’s finances and operations. – Read More on Reuters

7. The Tax Man Comes for Fast Fashion. The U.S. is taking the lead in holding fast fashion companies accountable through new tax regulations, aiming to curb environmental and labor abuses within the industry by imposing stricter financial oversight. – Read More on Forbes

1. Microtrends Are Killing Personal Style and Making Shopping a Nightmare. The rise of TikTok-driven microtrends is overwhelming shoppers and eroding personal style, as consumers struggle to keep up with ever-changing fashion fads. – Read More on NBC News

2. Fashion Brands Make Slow Progress On Nature, Kering Does Best. Fashion brands are making slow progress on sustainability, with luxury group Kering emerging as a leader in nature-friendly initiatives within the industry. – Read More on Forbes

3. How Hedi Slimane Changed Fashion. The transformative impact of Hedi Slimane on the fashion industry, particularly through his work at Celine and Chanel, has been reshaping modern style. – Read More on The New York Times

4. How Maren Made Grew from a Startup to a Thriving Fashion Business. The growth of Maren Made, which details how the brand transitioned from a startup to a successful fashion business, emphasizes innovation and market adaptability. – Read More on MSN

5. Gucci Appoints Cayetano Fabry as Chief Commercial Officer. Gucci has appointed Cayetano Fabry as its new Chief Commercial Officer, a strategic move aimed at strengthening the brand’s commercial operations and global presence. – Read More on Fashion Network

1. Can You Buy Style? The New Valentino Says Yes. Valentino has launched a new collection or initiative that emphasizes the accessibility of high fashion, allowing consumers to “buy style” through innovative designs and inclusive pricing strategies. – Read More on The Washington Post

2. The Fashion Industry Needs a Hero. The Only Question Is Who. The fashion industry is currently facing significant challenges, including sustainability concerns and shifting consumer behaviors, and there is an urgent need for visionary leaders to guide the industry towards a more resilient and innovative future. – Read More on The Wall Street Journal

3. Court Filing Finds Nike Knowingly Violated Small Company’s Trademark. Nike has been found to have intentionally infringed upon the trademark of a smaller company. – Read More on Sports Business Journal

4. The Connection Between Fast Fashion and Drug Trafficking. The demand for inexpensive clothing provides cover for illegal drug operations, according to a new investigative piece, which highlights the need for stricter regulations and oversight to combat this illicit synergy. – Read More on Market Place

5. US Retailers Adjust Shipping Plans Amid Ongoing Strikes as They Prepare for Holidays. US retailers are reassessing and modifying their shipping strategies to ensure smooth operations during the upcoming holiday season as ongoing strikes in the shipping and logistics sectors continue to disrupt supply chains. – Read More on Reuters

1. LVMH and Ruffini group won’t increase Moncler stake beyond 20%. LVMH and Ruffini Partecipazioni Holding have agreed not to increase their stake in Moncler to more than 20% in the next three years after the French luxury giant invested in the Italian outerwear company. – Read More on Reuters

2. RELATED READ: A Running Timeline of Fashion, Luxury Funding and M&A. LVMH will acquire a 10 percent stake in Double R, the investment vehicle controlled by Moncler Chairman and CEO Remo Ruffini. – Read More on TFL

3. Supply Chains Belong at the Top of a CEO’s Agenda. A leadership team that provides financial, operational, and organizational flexibility and understands that today’s supply chains require new thinking — not just tinkering — can reduce the odds that they’ll have to respond to crisis in this era of disruption. – Read More on Harvard Business Review

4. LVMH Took Over the Paris Olympics. Now It’s Snagged Formula One. LVMH has its next target in sports. Starting next year, the group will leap on the global resurgence of Formula One with a 10-year sponsorship deal that will put LVMH brands front and center of motor racing’s premier traveling circus. – Read More on the Wall Street Journal

5. Nike Seeks to Wipe Slate Clean for New CEO, Withdraws Guidance. Under Donahoe, Nike hit its $50 billion revenue goal, boosted by rapid growth around its lifestyle sneakers, such as Dunks and Air Force 1s, but as demand for those products cooled last year, executives were left scrambling to find items to replace them in the face of growing competition. – Read More on Bloomberg

1. Oxfam Criticizes Fast Fashion Impact. Oxfam highlights how secondhand clothing can combat the environmental and social harm caused by fast fashion, such as water consumption and labor exploitation, pushing for more sustainable practices. – Read More on The Guardian

2. AI Startups Reshape Manufacturing. AI-focused startups are revolutionizing the global manufacturing industry, offering solutions to streamline production and improve efficiency, particularly in apparel manufacturing. – Read More on Just Style

3. Tiger Woods Faces Logo Lawsuit. Tiger Woods is accused of unlawfully hijacking the logo of his new golf clothing brand, sparking a legal dispute over intellectual property rights. – Read More on Face2Face Africa

4. AI Artist Loses Millions to Art Theft. A famous AI artist claims to be losing millions of dollars due to widespread theft of his work, as AI art’s ownership and copyright issues continue to escalate. – Read More on Gizmodo

5. Mark Zuckerberg Faces AI Copyright Deposition. Mark Zuckerberg will face a deposition in the AI copyright lawsuit filed by Sarah Silverman and other authors, marking a significant legal battle over the use of copyrighted works in AI training. – Read More on Post Star

6. Drugstore Brands Challenge Luxury Beauty. Drugstore beauty brands are using price-conscious advertising to challenge high-end luxury competitors, appealing to budget-conscious consumers without compromising on quality. – Read More on Adweek

7. Luxury Group Sets Eyes on Fashion Disruption. In a bold move, a prominent luxury fashion group is navigating market disruption while balancing innovation and heritage, signaling a shift in luxury business strategies. – Read More on Financial Times

1. Nike Faces Headwinds: Leadership Change and Revenue Declines Loom Ahead of Earnings Report. Nike is facing challenges as it approaches its next earnings report, with concerns over leadership transitions and potential revenue declines amid a changing market landscape. – Read More on PYMNTS

2. Gen Alpha: Stealing Zippers from Nike. Gen Alpha consumers are driving new trends in fashion, with Nike’s innovations, such as zipper designs, gaining popularity among the younger generation and redefining sportswear. – Read More on Yahoo Finance

3. Is Your Closet Full of Old Clothes? A New California Law Will Require the Fashion Industry to Take Them Back for Free. A new law in California will soon require fashion brands to accept old clothing from consumers for free, marking a significant step towards sustainability and waste reduction in the industry. – Read More on Los Angeles Daily News

4. How Drinkware Became the New Fashion Accessory, According to Stanley. Drinkware has evolved into a popular fashion accessory, with brands like Stanley leading the trend by blending style and functionality into must-have items for everyday use. – Read More on Forbes

5. Fashion Greenwashing: A Deceptive Trend. The fashion industry is increasingly facing criticism for greenwashing—misleading consumers about the environmental benefits of products—posing a challenge to genuine sustainability efforts. – Read More on Eco-Business

6. Snap Wins U.S. Trademark Ruling for Spectacles AR Glasses. Snap has secured a victory in a U.S. trademark case over its Spectacles AR glasses, ensuring its rights to the brand amid increasing competition in the augmented reality space. – Read More on Reuters

7. Adidas Releases Adizero Aruky Sneaker to Compete with Hoka. Adidas has launched the new Adizero Aruky sneaker, aiming to challenge Hoka in the performance running shoe market, blending advanced technology with lightweight design to attract both athletes and casual wearers. – Read More on Footwear News

1. How Craft and Innovation Joined Forces at Paris Fashion Week. Paris Fashion Week celebrated the intersection of traditional craftsmanship and cutting-edge innovation, with designers showcasing pieces that merge heritage techniques with modern technology. – Read More on Forbes

2. Chinese Stocks Post Best Week Since 2008. Chinese stocks had their strongest week since 2008, signaling potential recovery and renewed investor confidence in the region’s economy, which is heavily tied to luxury goods. – Read More on Yahoo Finance

3. LVMH Invests in Maker of $2,000 TikTok-Viral Ski Jacket. LVMH has invested in a brand known for its viral $2,000 ski jacket, leveraging the popularity of TikTok to tap into the high-end sportswear market. – Read More on MSN

4. New California Law Requires AI Training Data Transparency. A new law in California mandates that companies disclose the data sources used to train AI models, aiming to increase transparency and accountability in AI development. – Read More on Bloomberg Law

5. Fast-Fashion’s Rivals Face Off After Ashley Buys Stake in Boohoo. The fast fashion industry is bracing for new competition dynamics after Mike Ashley’s acquisition of a stake in Boohoo, intensifying rivalries in the sector. – Read More on The Times

6. Yes, You Can Swim in Louboutins. Christian Louboutin surprised fashion week attendees by unveiling a collaboration with France’s Olympic swim team, showcasing stylish waterproof heels designed for swimming. – Read More on The New York Times

7. Marvel and DC Lose Their Super Hero Trademarks. Marvel and DC have lost their joint trademark on the term “Super Hero,” potentially opening up the comic book and film industries to more widespread use of the term without legal restrictions. – Read More on CBR

Former Chanel Executive Takes Helm At Tod’s. A former Chanel executive has been appointed as the new head of Tod’s, bringing luxury leadership experience to the Italian brand as it seeks to expand its global presence. – Read More on Barrons

H&M Abandons 2024 Margin Target as Costs Hurt Profit. H&M has dropped its 2024 earnings margin target due to rising costs and lagging profits, signaling challenges for the fast fashion giant amidst economic pressures. – Read More on Reuters

Chris de Lapuente, LVMH’s Head of Sephora, Department Store Division, to Leave. LVMH’s head of Sephora and its department store division, Chris de Lapuente, is set to depart the company, marking a significant leadership change in the luxury conglomerate’s retail operations. – Read More on Bloomberg

American Eagle Outfitters Sues Amazon for Infringing ‘Aerie’ Trademarks. American Eagle Outfitters has filed a lawsuit against Amazon, accusing the e-commerce giant of infringing on its ‘Aerie’ trademarks in a dispute over branding rights. – Read More on Reuters

Hermès Boss Doesn’t Like the Company Being Compared to Archrival LVMH. The CEO of Hermès expressed displeasure with comparisons to LVMH, highlighting tensions between the two luxury giants and recalling LVMH’s failed attempt to acquire the Birkin bag maker. – Read More on Fortune

1. Dior Sends Sporty Fashion Down Paris Catwalk. Dior showcased a sporty and chic collection at Paris Fashion Week, blending high fashion with activewear influences to appeal to modern, dynamic consumers. – Read More on Reuters

2. Fashion Retailers May See Up to 15% Revenue Growth in FY25: Report. A new report predicts fashion retailers could experience up to 15% revenue growth in FY25, driven by strong demand recovery and improved supply chain management. – Read More on Business Standard

3. Counterfeit Sales See a Surge in 2023, Entrupy Reports. Entrupy’s 2023 report highlights an increase in counterfeit sales, particularly targeting luxury brands, as counterfeiters continue to exploit demand for high-end goods despite brands’ efforts to combat the issue. – Read More on WWD

4. What Luxury Fashion Can Learn from the Wholesale Flower Market. This article explores how luxury fashion brands can adopt strategies from the wholesale flower market, including efficient supply chain practices and demand forecasting, to enhance their business models. – Read More on Harvard Business Review

5. Nike Sneaker Ad Labeled ‘Misleading’ for Marketing $35 Kids’ Shoes to Adults. A UK ad watchdog has banned a Nike sneaker ad for being misleading, as it promoted $35 children’s shoes in a way that suggested they were suitable for adults. – Read More on CNN

6. Three Leadership Lessons Nike CEO’s Transition Can Teach Us. The recent transition of Nike’s CEO offers valuable leadership lessons, including the importance of succession planning, adaptability, and maintaining company culture during periods of change. – Read More on Forbes

7. Shein Faces Italian Antitrust Scrutiny Over Environmental Claims. Shein is under scrutiny by Italian antitrust authorities for its environmental claims, as regulators investigate whether the company’s sustainability promises align with its practices. – Read More on The Wall Street Journal

8. Montblanc Appoints Giorgio Sarné As New CEO. Richemont’s Montblanc brand has appointed Giorgio Sarné as its new CEO, signaling a strategic leadership change aimed at driving the brand’s growth in the luxury market. – Read More on JCK