NGO Slams Fashion’s Most Widely Used Sustainable Cotton Scheme for Failing to Tackle Deforestation The fashion industry has long been under scrutiny for its environmental impact, particularly in the realm of cotton production. As consumers become more conscious of the origins of their clothing, many brands have turned to sustainable cotton schemes to alleviate concerns […]
Nike Sales Beat Estimates in New CEO’s First Full Quarter
Nike Sales Beat Estimates in New CEO’s First Full Quarter In a surprising turn of events, Nike has managed to exceed sales estimates in the first full quarter under the leadership of its new CEO. Despite facing challenges due to the ongoing global pandemic, the sportswear giant reported a revenue of $11.3 billion for the […]
Data centre surge exposes vulnerabilities in the US grid
Data Centre Surge Exposes Vulnerabilities in the US Grid The surge in data centre expansion, particularly driven by the demands of artificial intelligence (AI) and cryptocurrency mining, is posing significant challenges to grid operators across the United States. The increasing reliance on data centres for processing power and storage is testing the resilience of the […]
Pakistan prepares to legalise cryptocurrency trading
Pakistan Prepares to Legalize Cryptocurrency Trading Pakistan is on the brink of a significant financial shift as it gears up to legalize cryptocurrency trading. With an estimated 15 to 20 million crypto users in the country, the decision to embrace digital assets marks a pivotal moment in Pakistan’s economic landscape. This move not only reflects […]
The Business Behind Christos Garkinos’ Live Resale Empire
The Business Behind Christos Garkinos’ Live Resale Empire Christos Garkinos, the former HSN host, has taken the world of fashion by storm with his innovative approach to resale. Through the power of Instagram Live, he has managed to transform the traditional trunk show into a modern-day phenomenon, captivating audiences and amassing over $100 million in […]
Glossier Needs More Than ‘You’ to Grow
Glossier Needs More Than ‘You’ to Grow Glossier, the 11-year-old beauty brand that has taken the industry by storm, is no stranger to success. With its latest addition of the fragrance Fleur to its already impressive lineup, Glossier continues to solidify its position as a frontrunner in the beauty market. However, as the brand looks […]
California approves Tesla’s transport permit, but not for robotaxis
California Approves Tesla’s Transport Permit, Setting the Stage for Future Transportation Services Tesla, the renowned electric vehicle manufacturer, has recently received approval for a transport permit in California. This significant development marks a pivotal moment for the company as it expands its reach beyond manufacturing and sales into the realm of transportation services. However, there […]
Nvidia holds back on optical technology for GPUs
Nvidia’s Strategic Move: Holding Back on Optical Technology for GPUs Nvidia, a powerhouse in the world of graphics processing units (GPUs), has recently made waves in the tech industry with its decision to delay the integration of optical technology into its products. CEO Jensen Huang dropped a bombshell during a recent conference where he announced […]
Google acquires Wiz in $32 billion deal
Google’s Strategic Move: Acquiring Wiz in a $32 Billion Deal In the ever-competitive tech industry, strategic acquisitions are not uncommon. The latest buzz in the tech world is Google’s acquisition of Wiz in a whopping $32 billion deal. This move has significant implications not only for Google but also for the industry as a whole. […]
Anta Sports Shares Plunge as Full-Year Operating Margin Misses
Anta Sports Faces Setback as Full-Year Operating Margin Falls Short Anta Sports, China’s largest sportswear manufacturer, has recently encountered a setback as its full-year operating margin took a hit, dropping by slightly over a percentage point. This decline can be attributed to the company’s increased expenditure on branding, sales channels, and research and development (R&D) […]