Daily LInks
1. Swatch warns clock’s ticking over consumer spending in China. Increasing youth unemployment, as well as a struggling property sector has ensured that consumers are now thinking much more before making a purchase, preferring to buy fewer but more long-lasting pieces. – Read More on EuroNews
2. Trademark bully: Momofuku turns up heat on others selling “chili crunch.” Momofuku, the food empire founded by celebrity chef David Chang, is attempting to seize control of the market – or at least the name. – Read More on the Guardian
3. Retailers like Peloton and Saks keep paying vendors late, signaling possible “financial distress.” In some cases, Peloton, Saks, Express and Bath & Body Works were later on their bills than usual, indicating they could be struggling to manage cash flows or planning for revenue fluctuations. – Read More on CNBC
4. Amazon’s no-checkout flop shows AI’s limits. AI is still not ready to operate on its own in complex physical environments full of people, like grocery stores or roads. – Read More on Axios
5. 2024 opens with most active big-ticket M&A quarter in nearly 2 years. The activity in March marked a slowdown from the 3 previous months. However, the continued announcements of large deals is a positive trend because weekslong droughts with no significant deals occurred multiple times in 2022 and 2023. – Read More on S&P Global
6. A Growth Strategy that Creates and Protects Value. Organizations must create a competitive advantage over their opponent(s) to truly win. Thus, creating value in ways that are difficult for competitors to imitate will help ensure that your organization experiences sustained benefits. – Read More on HBR
