In an exciting move within the investment landscape, actress and filmmaker Olivia Wilde has co-founded a new investment firm named Proximity Ventures. Teaming up with seasoned venture capitalist Neil Sirni, the firm is based in New York and was established late last year. The venture aims to address the growing demand for consumer and enterprise […]
The Indian Entrepreneur Disrupting the Global Sourcing Industry
Pallak Seth, founder of PDS Limited, is redefining the global sourcing landscape with innovative strategies that challenge the longstanding dominance of major players like Li & Fung. By establishing a next-generation sourcing platform utilized by renowned brands such as Zara and Gap, Seth has positioned PDS as a formidable alternative in the industry. Arriving in […]
Unpacking the GCC’s Fashion and Beauty Growth Opportunities at Oud Fashion Talks
This October, Oud Fashion Talks (OFT) returned for its third year, gathering regional and international fashion professionals in Kuwait. The event included networking dinners, an exhibition of local design talent, and a series of panel discussions and workshops at the Abdullah Al Salem Cultural Centre. These sessions emphasized the fashion, retail, and beauty landscapes in […]
### xAI Launches Grok-Beta API Amidst Challenges
The tech landscape is abuzz as Elon Musk’s xAI has launched its Grok-Beta API, igniting competition with established AI giants like OpenAI and Anthropic. Though the offering is currently limited, it represents a significant step in Musk’s strategy to disrupt the AI market. Priced at $5 per million input tokens and $15 per million output […]
Venrex and the British Beauty Council Launch Beauty Venture Fund
The landscape of the beauty industry continues to evolve, and with it comes exciting opportunities for innovation and investment. Recently, venture investment firm Venrex and the British Beauty Council (BBCo) announced the inception of the Beauty Venture Fund, aiming to provide vital financial backing for a range of beauty companies based in the UK. This […]
Mulberry Wants to Go It Alone, Rejects Frasers Takeover Bid
Mulberry Group Plc has recently declined a takeover offer from Mike Ashley’s Frasers Group Plc, highlighting its ambition to remain independent and confirming its faith in newly appointed CEO Andrea Baldo to rejuvenate the British handbag brand. This decision marks a pivotal moment not just for Mulberry but for the broader landscape of the luxury […]
The Business of Beauty Haul of Fame: How to Launch When Your Brand Founder Is Almost Famous
When it comes to launching a beauty brand, the journey is often paved with robust challenges, especially when the founder is a recognized figure in another field. Teyonah Parris, an actress celebrated for her role in the Marvel Cinematic Universe as Monica Rambeau, is doing just that. As the chief executive and creative lead of […]