Daily LInks
1. Sri Lanka cultivates sustainable fashion for an economic revival. Many are convinced that greener manufacturing and a commitment to sustainability hold the key to making Sri Lanka’s garment industry more competitive. – Read More on Nikkei
2. Snap can take USPTO to trial in ‘Spectacles’ trademark fight, court says. U.S. Magistrate Judge Steve Kim rejected the USPTO’s request to find that the term cannot receive trademark protection, citing competing evidence from both sides that precluded him from making a decision before trial. – Read More on Reuters
3. A generative AI reset: Rewiring to turn potential into value in 2024. The broad excitement around gen AI and its relative ease of use has led to a burst of experimentation across organizations. Most of these initiatives, however, won’t generate a competitive advantage. – Read More on McKinsey
4. How Shein’s US IPO Became Endangered by China Rift. With the first $1-billion-plus IPO in New York by a Chinese-owned company post-Didi safely in the books as of Feb., investors are watching to see if Shein can also break through the impasse — and what it means for Chinese IPOs in the US if they fail. – Read More on Bloomberg
5. Three lessons from the bankruptcy of circular fashion-maker Renewcell. Some fear the flop marks a hard stop for textile recycling. It is notoriously difficult to reuse cotton because older fibers are short and difficult to spin into the longer threads needed for quality garments. – Read More on Greenbiz
