Can Off-White Mogul Davide De Giglio Pull Off Another Big Exit? Davide De Giglio, the mastermind behind Off-White and a prominent figure in the fashion industry, is once again making headlines with his latest venture. Reports have surfaced indicating that the brand Rhode, backed by De Giglio and fronted by Hailey Bieber, is considering a […]
Prada Nears Approval of Versace Deal Despite Tariffs
Prada Nears Approval of Versace Deal Despite Tariffs The luxury fashion industry is abuzz with anticipation as Prada SpA edges closer to securing the acquisition of Versace from Capri Holdings Ltd. in a deal worth €1.25 billion ($1.4 billion). Despite the looming threat of tariffs and economic uncertainties, Prada is forging ahead, showcasing resilience and […]
Zozo Acquires Lyst for $154 Million
Zozo Accelerates Global Expansion with $154 Million Acquisition of Lyst Zozo, the Japanese fashion marketplace renowned for its innovative fashion tech solutions, has made a significant move in its quest to dominate the global fashion industry. The company recently announced its acquisition of Lyst, a leading fashion search platform based in the United Kingdom, for […]
OpenAI negotiates $500m deal for AI startup
OpenAI’s Strategic Move: Acquiring io Products for $500 Million In a bold and strategic move, OpenAI, known for its groundbreaking work in artificial intelligence, has set its sights on acquiring io Products for a hefty $500 million. This unexpected shift signals OpenAI’s intention to expand its horizons beyond software into the realm of consumer hardware. […]
Trump Extends TikTok Sale Deadline by 75 Days, Vows to Work With China
Trump Extends TikTok Sale Deadline by 75 Days, Vows to Work With China In a surprising turn of events, President Trump has decided to extend the deadline for the sale of TikTok’s US operations by an additional 75 days. This move comes after Trump’s initial executive order demanding the sale of TikTok within 90 days, […]
AppLovin joins TikTok takeover frenzy
AppLovin Makes Strategic Move by Joining TikTok Takeover Frenzy As the deadline looms for the sale of TikTok’s assets outside of China to a non-Chinese entity, AppLovin has stepped into the ring with a preliminary bid. This strategic move marks a significant development in the ongoing saga surrounding the popular video-sharing app and its uncertain […]
TikTok bidding war intensifies as Amazon enters the fray
TikTok Bidding War Heats Up: Amazon Throws its Hat in the Ring The battle for TikTok’s acquisition has been nothing short of intense, with key players vying for the popular video-sharing app. The latest contender to enter the fray is none other than e-commerce giant Amazon. This move comes as no surprise, considering Amazon’s ambitions […]
Amazon Submits Bid for TikTok With US Sale Deadline Nearing
Amazon’s Bid for TikTok Raises Eyebrows Amongst US Officials In the latest twist of the TikTok saga, retail behemoth Amazon has thrown its hat into the ring by submitting a bid to acquire the popular video-sharing app’s US operations. With the deadline for the sale rapidly approaching, Amazon is making a bold move to expand […]
Trump to Consider Final TikTok Proposal on Wednesday
Trump to Consider Final TikTok Proposal on Wednesday President Trump is set to make a significant decision regarding the future of TikTok this Wednesday. CBS News has reported that Trump will be considering the final proposal for the sale of TikTok by ByteDance. This decision comes after months of speculation and debate surrounding the popular […]
Unilever Acquires Refillable Deodorant Brand Wild
Unilever Acquires Refillable Deodorant Brand Wild Unilever, the global personal care giant, has made a significant move in the industry by acquiring the British start-up, Wild, for a whopping £230 million. Rumors had been swirling since February about the potential acquisition, and now it has come to fruition, marking a strategic development in Unilever’s portfolio. […]