Weekly Reads #5
Hey everyone,
This week’s reads are the following:
The fall of Gucci was inevitable by Business Insider (link). In 2015, Gucci embraced bold, flashy designs and large logos, which initially paid off, aligning with high fashion trends and boosting Kering, its parent company. However, post-pandemic fashion shifted to "quiet luxury." Gucci's stubbornness in sticking to its loud fashion led to a major downfall, as consumers moved away from flashy designs. This, combined with negative media and a lack of innovative designs, resulted in a significant sales drop and c.40% decline in Kering's stock since 2020.
The internet is about to be flooded with AI Assistants by The Programmatic Optimist (link). Are you ready to see AI assistants across industries that can sound like a human and can see our world too?
Can ChatGPT Forecast Stock Price Movements? by Alejandro Lopez-Lira and Yuehua Tang (link). The research demonstrates that advanced LLMs like ChatGPT-4 can effectively predict stock price movements using news headlines, offering a significant advantage over traditional methods and less sophisticated models.
Retail Trends Q1 Check-In: Navigating Consumer Behavior Online and Offline by Placer.ai and Sensor Tower (link). Interesting webinar on QSR and Fast Casual market trends conducted by the leading alternative data providers. This is primarily to show you to what kind of leading indicators some investors have access to.
No articles from VERDAD this time, as we believe you have already subscribed.
That’s it for today. Happy weekend!