Hugo Boss COO Heiko Schäfer to Depart for Mammut Sports Group Heiko Schäfer, the Chief Operating Officer of Hugo Boss, is set to embark on a new journey as the Chief Executive Officer of Mammut Sports Group, a renowned outdoor apparel and equipment brand based in Switzerland. The transition is scheduled for September 1st, marking […]
Turn on all the lights: why your AI fails without the right data
Turn on all the lights: why your AI fails without the right data In our latest episode of Lexicon, we speak with Justin Graham, Director of the Innovation Lab at DataSphere, a leading tech company specializing in AI solutions. The conversation revolves around a crucial aspect that often gets overlooked in the realm of artificial […]
Case Study | The New Rules for Getting Acquired
Case Study | The New Rules for Getting Acquired In the dynamic landscape of start-ups, securing an exit at a desirable valuation has become increasingly challenging in recent years. However, for brands that have cultivated strong growth strategies and amassed loyal followings, the opportunity to be acquired by a larger entity still remains a viable […]
BoF Masterclass | How to Create Cultural Moments on Any Budget
BoF Masterclass | How to Create Cultural Moments on Any Budget In the fast-paced world of business and fashion, creating cultural moments that resonate with audiences is a key strategy for success. These moments not only capture attention but also drive engagement, loyalty, and ultimately, sales. However, the misconception that cultural moments require hefty budgets […]
Il Makiage Parent Raises Full-Year Outlook
Il Makiage Parent Raises Full-Year Outlook The parent company of the popular cosmetics brand Il Makiage, Oddity, has recently made waves in the business world by announcing an optimistic update to its full-year outlook. The company now anticipates that its revenue for the year will fall between $790 million and $798 million, a significant increase […]
Influencer Brands Are Making a Comeback
Influencer Brands Are Making a Comeback In the ever-changing landscape of business, trends come and go, and this holds especially true for influencer-founded brands. After a series of high-profile setbacks that led to a decline in their popularity at the beginning of the decade, influencer brands are now experiencing a resurgence. A new generation of […]
OpenAI expands ChatGPT capabilities with Google Drive and Slack integration
OpenAI Elevates ChatGPT with Google Drive and Slack Integration Artificial Intelligence (AI) continues to redefine the way businesses operate, making processes more efficient and unlocking new possibilities. OpenAI, a trailblazer in the AI space, has recently made waves by expanding the capabilities of its ChatGPT platform through seamless integration with Google Drive and Slack. This […]
Unilever Chief Schumacher Will Hand Over to CFO in Surprise Exit
Unilever Chief Schumacher Will Hand Over to CFO in Surprise Exit In an unexpected turn of events, Unilever’s Chief Executive Officer, Alan Jope, announced that Jan Zijderveld, the current Chief Financial Officer, will be taking over the reins from Schumacher. This surprising move comes as Schumacher is set to step down on March 1st and […]
X discusses a new financing round at $44 billion, Bloomberg reports.
X Secures Impressive $44 Billion Financing Round to Uphold Purchase Valuation In a recent report by Bloomberg, it has been revealed that the renowned company X has successfully secured a new financing round amounting to a staggering $44 billion. This development has sent ripples across the financial world, showcasing the company’s unwavering commitment to upholding […]
Amazon removes diversity references as companies scale back DEI policies
Amazon Removes Diversity References as Companies Scale Back DEI Policies In a surprising move, major US companies such as Amazon, Meta, and Disney have been recently reported to be scaling back their diversity, equity, and inclusion (DEI) policies amid mounting political and legal pressures. Among these companies, Amazon has particularly stood out by removing diversity […]