Daily LInks
1. Coachella sues D.C. ‘Moechella’ music festival in trademark fight: The suit filed in federal court this week alleges that the D.C. pair “are intentionally trading on the goodwill” of the Coachella name and creating “confusion” by suggesting a nonexistent affiliation. – Read More on the Washington Post
2, Teens feel peer pressure to buy luxury goods endorsed by K-pop stars: “Consumers generally choose luxury goods that meet their unique tastes and preferences. But Koreans tend to make a safe choice by purchasing the most popular ones. To make better decisions, they often rely on celebrities who are associated with luxury brands.” – Read More on Korea Times
3. Why Amazon Marketplace didn’t survive in China: Amazon entered the China market in 2004 through a $75 million acquisition of Joyo.com, an online book and media seller. The joint venture rebranded to Amazon China at the domain Amazon.cn in 2011. – Read More on CNBC
4. Tiffany & Co. x Nike shoe collaboration divides social media: The two announced a collaboration on January 31 that will include a specially designed Air Force 1 sneaker and sterling silver accessories. The combination of the two brands marks the 40th anniversary of the Nike shoe silhouette. – Read More on SCMP
5. Billionaire Cucinelli Sets Profits Cap to Thrive for Centuries: In an industry that posts eye-popping margins, his namesake luxury cashmere house pours profits into better pay and working conditions. Investors, so far, appear to be on board. – Read More on Bloomberg
6. Kering recruits Estee Lauder exec for push into cosmetics: “We are building this new area of expertise within our Group to ensure that our brands can fulfill their potential in this category,” group Managing Director Jean-Francois Palus said. – Read More on Reuters
