EU Extends Cybersecurity Deadline for Wireless Devices The European Union has recently announced a groundbreaking decision to extend the deadline for implementing stronger cybersecurity measures in Internet of Things (IoT) and wireless products. This move comes in response to the growing concerns over the vulnerability of smart devices to cyber attacks and the need to […]
Europe cracks down on Shein for misleading consumers
Europe Cracks Down on Shein for Misleading Consumers The fashion industry has always been a whirlwind of trends and styles, with online retailers like Shein leading the pack in providing fast fashion to the masses. However, recent developments have put Shein in hot water as European Union consumer watchdogs have cited the popular online retailer […]
Taiwan targets Facebook scam ads with new penalties
Taiwan Targets Facebook Scam Ads with New Penalties Taiwan has been cracking down on fraudulent activities on social media platforms, particularly Facebook, by introducing stricter penalties for scam advertisements. In recent years, the proliferation of deceptive ads on social media has become a growing concern, prompting officials to demand stronger oversight from tech companies like […]
Italy’s Competition Authority Closes Dior Probe
Italy’s Competition Authority Closes Dior Probe Italy’s Competition Authority recently wrapped up its investigation into luxury fashion house Dior, focusing on allegations of misleading information regarding the working conditions at its suppliers. The probe, which generated significant attention within the industry, ultimately concluded without findings of any wrongdoing on Dior’s part. This outcome sheds light […]
The Debrief | TikTok, Tariffs and Luxury’s Fake News Problem
The Debrief | TikTok, Tariffs and Luxury’s Fake News Problem In the age of social media, misinformation can spread like wildfire, shaping consumer perceptions and challenging established norms. Recently, a wave of TikTok videos has fueled a concerning narrative: that luxury bags and their counterfeits are made in the same factories. This revelation has stirred […]
Jeff Bezos’s Amazon denies showing tariff prices after ‘hostile’ White House jab
Amazon Denies Displaying Tariff Prices Following White House Criticism White House officials held a press conference on Tuesday morning to address growing economic concerns, with a particular focus on Amazon’s alleged failure to display tariff prices. The online retail giant, led by CEO Jeff Bezos, has come under fire for its apparent lack of transparency […]
Luxury Has a Fake News Problem. Is Silence the Right Strategy?
Luxury Brands Facing Fake News: The Power of Silence Luxury megabrands such as Hermès, Chanel, and Louis Vuitton are no strangers to the spotlight. Known for their impeccable craftsmanship, exclusivity, and timeless allure, these fashion houses have built empires based on tradition, quality, and prestige. However, in the age of social media and viral trends, […]
It’s Not Just Secondhand Retailers That Have a Counterfeit Problem
It’s Not Just Secondhand Retailers That Have a Counterfeit Problem Counterfeit products are not a new phenomenon in the retail industry, but their presence is becoming increasingly prevalent in the world of luxury e-commerce. As more consumers turn to online platforms to purchase high-end goods, the risk of falling victim to counterfeit items has escalated. […]
Shopify Must Face Data Privacy Lawsuit in US
Shopify Must Face Data Privacy Lawsuit in US A recent decision by a US appeals court has set the stage for Shopify, the Canadian e-commerce giant, to face a data privacy class action lawsuit in California. The ruling, which came on Monday, stated that Shopify can indeed be sued in California for allegedly collecting personal […]
Report: Fighting Perfume Dupes Is a ‘Lost Cause’
Report: The Battle Against Perfume Dupes Faces Uphill Struggle In a recent survey conducted among fragrance consumers in the UK, a startling revelation emerged – half of the participants admitted to purchasing imitation versions of high-end perfumes. These copycats, mimicking the scents of more expensive fragrances, pose a significant challenge for the industry as they […]