### Worldview: China’s Xiaohongshu Reaches $17 Billion Valuation Xiaohongshu, widely known as “China’s Instagram,” has recently reached a staggering $17 billion valuation following a new investment round. The funding was led by DST Global, a venture capital firm based in the Cayman Islands, marking a significant move by an overseas investor into China’s tech sector […]
Luxury brands are keenly investing in China’s art scene. Notable names like Chanel, Prada, Hermès, Loewe, and Louis Vuitton have been forming partnerships with local museums, artists, and art fairs. This initiative is part of their strategy to create buzz and attract customers in a market where luxury sales growth has slowed down. Take Chanel, […]
Elis Kiss will be the new editor-in-chief of Vogue Greece, taking over from Thaleia Karafyllidou, as announced by Kathimerini Media, the magazine’s publisher. Kiss has a rich history with Vogue Greece, joining in 2019 as fashion features director amid its relaunch after securing a licensing agreement with Condé Nast. Starting her career at the International […]
Adidas has once again upgraded its profit forecast, driven by the surge in popularity of its Samba and Gazelle sneakers. The brand anticipates full-year revenue growth at a high single-digit rate, better than the earlier mid-single-digit prediction. Full-year operating profit is now expected to reach €1 billion, up from an initial forecast of €700 million. […]
Can “Dupe” Fragrance Brands Make The Real Thing? Dossier, a brand recognized for its affordable fragrance imitations or ‘dupes’, has decided to branch out and introduce its own original scents. But can these originals rival the popularity of its imitations? The allure of dupes is that they offer smell-alike versions of high-priced luxury products at […]
Balenciaga Launches Apple Vision Pro App Balenciaga has released the first phase of an app for the Apple Vision Pro, a $3,499 headset computer that Apple debuted in the US in February. The app lets Apple Vision Pro users see exclusive drone views and stereoscopic footage of the luxury house’s Spring/Summer 2025 show, originally held […]
The COVID-19 pandemic has reshaped the landscape of remote work, with technology playing a crucial role in maintaining productivity and communication. But is this remote work environment here to stay? Many experts believe so, citing both advancements in technology and shifts in business culture. One significant example is the rapid adoption of video conferencing tools. […]
Navigating AI’s Role in the Gaming Industry In recent years, artificial intelligence (AI) has undeniably transformed various industries, with gaming being no exception. However, as AI technology becomes more embedded in game development, stakeholders express mixed feelings about its impact. A significant concern revolves around job security. Traditional game development requires a myriad of skilled […]
CEDAR’s mission is to create high-value datasets that enhance CEDS and develop solutions for more transparent public governance in Europe. In an age where data-driven decisions are critical, CEDAR stands out with its commitment to fostering transparency through robust AI and sophisticated data integration. The initiative focuses on Common European Data Spaces (CEDS), a framework […]
In the fast-paced world of business, companies must prioritize cybersecurity to safeguard sensitive information. Recently, Rite Aid experienced a data breach, impacting millions of customers. This incident has highlighted the critical importance of robust security measures in today’s digital age. Rite Aid’s breached data included names, addresses, dates of birth, and even government IDs. This […]
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