There are several things wrong with your proposition.
First, the food and beverage industries get by without patents because they leverage trade secrets, which is the exact sort of privatized knowledge that patents have long sought to prevent.
Second, fashion survives without patents because names matter. People will buy Louis Vuitton whether it's good or not, simply because it has his name on it. Louis Vuitton has no need for patents because it's not the bag design, but his name that matters.
The problem with abolishing patents is that while it might make it easier for companies, it would make it absolutely impossible for small-time, independent inventors to advance human knowledge. What incentive is there for a couple guys to build a time machine in their garage when, as soon as they try to mass produce their invention, any number of larger companies better equipped to manufacture things at scale will just make their invention and sell it for less?
The problem with patents in this article isn't the patent itself, but the fact that it covers software, which is 50% math and 50% business process and shouldn't ever have been patentable in the first place.