Tech Stocks Soar as Nasdaq Records Best Day in Decades Tech stocks experienced a significant surge as the Nasdaq jumped over 12% in its best performance in decades. This impressive rally comes in the wake of the Trump administration’s decision to temporarily halt trade tariffs. The market reaction to this news underscores the crucial role […]
‘Frankenjet’: Scrap-built F-35 fighter stitched from 2 crashed jets joins US fleet
“Frankenjet”: Scrap-built F-35 Fighter Stitched from 2 Crashed Jets Joins US Fleet In what could be called a modern world wonder, the US Air Force has inducted a unique aircraft into its fleet – a Frankenjet. This extraordinary creation is a result of stitching together parts from two crashed F-35 fighter jets, showcasing innovation and […]
Fashion Is ‘Tarrif-ied’ of Trump
Fashion Is ‘Tarrif-ied’ of Trump The fashion industry has found itself in a state of uncertainty and turmoil due to the unexpected impact of import duties imposed by the Trump administration. What was initially anticipated to be a minor disruption has turned into a significant challenge for fashion brands and retailers. The repercussions of these […]
The BoF Podcast | Satoshi Kuwata Is on Lifelong Search for Balance
The BoF Podcast | Satoshi Kuwata Is on Lifelong Search for Balance Satoshi Kuwata, the visionary founder of Setchu and recent recipient of the prestigious 2023 LVMH Prize, stands at the forefront of the fashion industry’s next generation. In a recent captivating episode of The Business of Fashion Podcast, Kuwata sat down with BoF founder […]
This Week: Tariffs and TikTok, 24/7
This Week: Tariffs and TikTok, 24/7 In the realm of the fashion industry, the spotlight is once again shining on President Trump and his administration as they gear up to implement new tariffs and navigate the intricacies of a potential TikTok sale. After a short break from the chaos of trade wars and tech acquisitions, […]
Ukrzaliznytsia reopens online ticket sales amid ongoing disruptions
Ukrzaliznytsia Resumes Online Ticket Sales After Cyber Attack Disruption Ukraine’s railway network, Ukrzaliznytsia, recently faced a significant challenge when a cyber attack forced the suspension of its online ticketing services. This disruption not only inconvenienced passengers but also highlighted the vulnerabilities that modern transportation systems face in the digital age. However, in a testament to […]
For Canadians, Trump’s ‘51st State’ Talk Is No Joke
For Canadians, Trump’s ‘51st State’ Talk Is No Joke In recent times, the relationship between the United States and Canada has been a rollercoaster ride, with tensions ebbing and flowing like the unpredictable tides of the sea. The latest storm on the horizon? President Trump’s eyebrow-raising comments hinting at the possibility of considering Canada as […]
Lululemon Tumbles as Tariff Uncertainty, Weak Demand Hit Forecasts
Lululemon Athletics Faces Stock Plunge Amid Tariff Uncertainty and Weak Demand Lululemon Athletics, the renowned athletic apparel retailer, is experiencing a significant downturn in its stock value. The company recently released downbeat annual forecasts, causing its shares to tumble by almost 13 percent during premarket trading on Friday. This sudden drop has set off alarm […]
How Fashion’s Rising Stars Are Surviving the Luxury Slump
Fashion’s Rising Stars: Navigating the Luxury Slump In the ever-changing world of fashion, staying afloat amidst economic downturns and shifting consumer preferences can be a daunting challenge. The recent luxury slump, exacerbated by global events like the pandemic, has put many fashion houses to the test. However, amidst the chaos, a new generation of designers […]
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed The Body Shop, a renowned ethical beauty retailer, is facing a challenging situation as it navigates through the aftermath of falling into administration. With approximately £219 million ($284 million) owed to its suppliers, the company has announced that these creditors […]