Tag: **#BusinessofFashion

Nvidia leads AI effort to fix power grid strain

Nvidia Leads AI Effort to Fix Power Grid Strain In the era of rapid technological advancement, the demand for electricity is skyrocketing, driven by the exponential growth of artificial intelligence (AI) applications. As AI continues to permeate various industries, from healthcare to finance, the strain on the power grid is becoming increasingly evident. To address […]

Skims Buys Kim Kardashian’s SKKN by Kim

Skims Buys Kim Kardashian’s SKKN by Kim In a strategic move that has sent ripples through the fashion and beauty industries, Skims, the shapewear brand founded by Kim Kardashian, has acquired SKKN by Kim, the beauty brand launched by the reality TV star in 2021. This acquisition marks a significant milestone for both brands and […]

Web access comes to Anthropic Claude chatbot

Web Access Comes to Anthropic Claude Chatbot Anthropic, a leading player in the AI chatbot industry, has recently made a significant move by introducing web access to its popular Claude assistant. While many AI chatbots have long provided live web search capabilities, this feature is a new addition to Anthropic’s repertoire and is currently undergoing […]

Downdetector shows sharp decline in Instagram outage reports

Downdetector Reveals Significant Drop in Instagram Outage Reports A recent disruption in the digital realm caught the attention of many social media users as reports of an Instagram outage in the US plummeted on a Thursday evening. The sudden decline in outage reports suggested that the service had been largely restored to its normal functioning. […]

Gravitational waves: LIGO, Virgo & KAGRA detect 200th signal

Gravitational Waves Milestone: LIGO, Virgo, and KAGRA Celebrate 200th Signal Detection In a remarkable feat of scientific achievement, the LIGO, Virgo, and KAGRA gravitational-wave observatories have collectively reached a significant milestone by detecting their 200th candidate gravitational wave signal. This groundbreaking discovery marks a pivotal moment in the field of astrophysics and opens up new […]

The State of Fashion: Luxury

The State of Fashion: Luxury In 2025, the global luxury sector finds itself navigating through macroeconomic headwinds, evolving customer preferences, and a declining value proposition. For luxury companies to thrive in this challenging landscape, a strategic reassessment is imperative. Key areas of focus include talent development, product innovation, and novel client engagement strategies. Amidst the […]

Google and Apple risk fines under EU’s Digital Markets Act

Google and Apple Face Potential Fines Under EU’s Digital Markets Act The tech giants Google and Apple are currently under the radar of the European Union for potential violations of the Digital Markets Act. Google, in particular, is facing the possibility of heavy fines due to alleged unfair practices related to its search engine and […]

The Increasingly Popular Solve to Fashion’s Wholesale Woes

The Increasingly Popular Solve to Fashion’s Wholesale Woes Fashion brands have long relied on wholesale partnerships with retailers to reach a broader customer base and drive sales. However, the traditional wholesale model is facing challenges in today’s rapidly evolving retail landscape. As consumer preferences shift towards online shopping and demand for personalized experiences grows, many […]

In a Market of Copycats, Handbag Innovators Stand Out

In a Market of Copycats, Handbag Innovators Stand Out In the ever-competitive world of fashion, where trends come and go in the blink of an eye, standing out from the crowd is no easy feat. This is especially true in the realm of luxury handbags, where iconic designs are often replicated by fast-fashion brands looking […]

Nike to Post Worst Revenue Fall In 5 Years on Stagnant Demand

Nike Faces Worst Revenue Fall In 5 Years Due to Stagnant Demand Nike, the iconic sportswear giant, is currently grappling with a significant challenge as it anticipates its worst revenue decline in five years. The company’s financial woes can be attributed to stagnant demand, as evidenced by a sharp decline in key performance indicators. Downloads […]

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