Coach Parent Tapestry to Sell Stuart Weitzman Footwear Brand for $105 Million In a strategic move to streamline its portfolio and focus on organic growth, Coach parent company Tapestry has announced the sale of the iconic Stuart Weitzman footwear brand for a significant $105 million. This decision comes on the heels of Tapestry’s commitment to […]
LVMH media unit drops lawsuit against Musk’s X
LVMH Media Unit Drops Lawsuit Against Musk’s X: A Strategic Move Toward Expansion In a surprising turn of events, LVMH, the luxury conglomerate, has decided to drop its lawsuit against Elon Musk’s media company, X. This decision marks a significant shift in the ongoing legal battle between the two entities. While the details surrounding the […]
Zegna Group Returns to Growth in Fourth Quarter
Ermenegildo Zegna Group Returns to Growth in Fourth Quarter Italian luxury fashion house Ermenegildo Zegna Group has made a remarkable comeback, showcasing a return to growth in the fourth quarter. This resurgence comes as a beacon of hope and resilience in the challenging landscape of the fashion industry, marking a significant milestone for the renowned […]
Influencer Marketing Platform ShopMy Raises $77.5 Million Funding Round
Influencer Marketing Platform ShopMy Raises $77.5 Million Funding Round In the realm of digital marketing, influencer collaborations have become a powerhouse strategy for brands looking to connect with their target audience in a more authentic and engaging way. One platform that has been making waves in the influencer marketing landscape is ShopMy, which recently announced […]
Nvidia Expands in China Amid Challenges
Nvidia, the leading graphics processing unit (GPU) manufacturer, has intensified its efforts in the Chinese market despite encountering significant challenges. This expansion comes at a time when geopolitical tensions and regulatory scrutiny are reshaping global business landscapes, presenting both obstacles and opportunities for multinational companies. Nvidia’s latest move includes the establishment of a new office […]
New Features for Meta AI in 21 Countries
Meta, the technology giant behind Facebook and Instagram, is significantly enhancing its competitive stance in the AI landscape by expanding its AI chatbot to 21 new markets, including the United Kingdom and Brazil. This initiative aims to tap into the increasing global interest in AI tools, propelling Meta AI’s visibility and accessibility. Currently, the Meta […]
Equinix Partners with GIC and CPP Investments for Major Data Centre Expansion
Equinix is making significant strides in the data centre industry by announcing a joint venture with Singapore’s GIC and the Canada Pension Plan Investment Board (CPP Investments). This strategic partnership aims to raise over $15 billion to bolster Equinix’s hyperscale data center operations across the United States. The decision comes at a pivotal moment, as […]