Amazon Exit Highlights Deepening AI Divide Between US and China In the realm of artificial intelligence (AI), the relationship between the United States and China has always been complex. Both countries are at the forefront of AI development, with tech giants like Amazon and Alibaba leading the charge. However, recent events have shown a shift […]
Kohl’s Skyrockets as Stock Becomes Traders’ Latest Meme Darling
Kohl’s Skyrockets as Stock Becomes Traders’ Latest Meme Darling Kohl’s, the renowned retail giant, has recently found itself in the spotlight as its stock price experienced a meteoric rise, closing at an impressive $14.34. This surge of 38 percent came after a tumultuous day of trading that witnessed the shares more than doubling at an […]
Perfume Maker Givaudan’s Sales Growth Slower Than Expected
Perfume Maker Givaudan’s Sales Growth Slower Than Expected Givaudan, the renowned Swiss fragrance and flavors company, recently announced its financial results for the second quarter of 2025, revealing a slightly slower sales growth than what analysts had predicted. The company reported group sales of $2.37 billion for the quarter, narrowly missing the forecasted figures. While […]
Gymshark Lays Off 65 US Employees
Gymshark Lays Off 65 US Employees In a recent turn of events, UK-based activewear brand Gymshark has decided to lay off 65 employees at its US offices in Denver. This move comes as part of a restructuring effort aimed at streamlining operations and optimizing efficiency in the competitive retail landscape. The decision, while undoubtedly a […]
Why Salomon-Owner Amer Sports’ IPO Fell Short
Why Salomon-Owner Amer Sports’ IPO Fell Short In the realm of fashion and sportswear, the initial public offering (IPO) of Amer Sports, the owner of Salomon, Arc’teryx, and Wilson, did not meet the anticipated success. Despite discounting its listing, the company faced challenges in the tepid US IPO market, joining the ranks of other major […]
What Blum’s Closure Means for the Art World
The Impact of Tim Blum’s Exit on the Art World The recent announcement of major gallerist Tim Blum’s decision to exit the art business has sent shockwaves through the art sector. Renowned art critic Marc Spiegler believes that this move will have a significant impact on the art world as a whole. Blum, known for […]