1. Dapper Dan expanding brand after being shut out of fashion industry 30 years ago. Dapper Dan realized he could make a lot of money by using luxury brand logos on his clothes, and so, he began to incorporate the logos of luxury fashion houses such as Fendi, Louis Vuitton and Gucci in his products. – Read More on ABC
2. RETRO READ: Two of Fashion’s Favorite Lawsuits Never Actually Happened. Publications were quick to report that the cease-and-desist letters that Day was receiving at the height of his success were not merely tooth-less threats, but were escalated in lawsuits by numerous brands, including Gucci. – Read More on TFL
3. Prada Heir Says Italian Group Is Open to M&A Opportunities. Prada would be open to evaluating acquisitions if options arise in the luxury sector, according to Lorenzo Bertelli, heir to the Italian billionaire family. – Read More on Bloomberg
4. China’s love affair with luxury goods boosts growth of sector. “LVMH has invested heavily in the China market and has shown its commitment to the Chinese consumer over time. It has integrated with the local cultural ecosystem and localized.” – Read More on China Daily
5. OpenAI Brings Custom Tech to This Year’s Met Gala Exhibition. The museum’s director and chief executive said he sees the OpenAI installation as a pilot that will provide learnings on how the museum can further scale AI. – Read More on the WSJ
6. Digitalization: The Key to Reducing Material Waste in the Fashion Industry. For most production models, materials account for over 90% of the CO2 emissions generated during the entire lifecycle of a cutting room. – Read More on Supply Chain Brain