Vogue World: Hollywood Shifts Focus to Film Industry Fire Relief In a remarkable display of solidarity and support, Vogue, the iconic fashion and lifestyle magazine, is making a significant impact on the film industry by directing its attention towards a crucial cause. The magazine’s fourth annual fashion and entertainment event is not just about glitz […]
Op-Ed | Target’s DEI Flip-Flop Came at a Price
Op-Ed | Target’s DEI Flip-Flop Came at a Price In the world of retail, decisions made by major corporations reverberate far beyond boardrooms and balance sheets. Recently, Target made headlines when it backtracked on its commitment to diversity, equity, and inclusion (DEI) initiatives, a move that has had significant repercussions. Early data now indicates that […]
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 […]
Zalando challenges EU tech rules, seeks exemption
Zalando challenges EU tech rules, seeks exemption Zalando, the European e-commerce giant, is making waves in the tech industry by challenging EU regulations that it believes are not tailored to its business model. The company is pushing back against being lumped together with behemoths like Amazon and AliExpress, arguing that it operates differently and should […]
Italian Court Lifts Controls Placed on Armani Company Over Labour Practices
Italian Court Lifts Controls Placed on Armani Company Over Labour Practices Italian fashion powerhouse Armani can breathe a sigh of relief as the Italian court recently lifted the controls placed on the company over its labor practices. This decision comes after the company diligently worked on implementing the necessary changes to its organizational model and […]
Google settles tax dispute in Italy for 326 million euros
Google Settles Tax Dispute in Italy for 326 Million Euros Tech giant Google recently reached a settlement in Italy, putting an end to a long-standing tax dispute. The company agreed to pay a hefty sum of 326 million euros following allegations of tax evasion in the European country. This legal case sheds light on the […]
Microsoft secures solar power deal with EDP renewables
Microsoft Secures Solar Power Deal with EDP Renewables In the fast-paced world of technology, sustainability is becoming a key focus for industry leaders. As data centers continue to grow in size and number, the demand for clean energy to power these facilities has never been higher. Tech giants like Microsoft are at the forefront of […]
Puig Posts 14% Rise in Holiday Sales
Puig Posts 14% Rise in Holiday Sales Puig, the Barcelona-based powerhouse known for its luxurious perfume brands such as Rabanne, Carolina Herrera, and Jean Paul Gaultier, has recently reported a significant surge in holiday sales. The company disclosed that its net sales for the final quarter of the year, spanning from October to December 31, […]
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates VF Corp, the parent company of popular brands like Vans, has recently made a significant comeback in the retail industry. After facing two consecutive quarterly losses, the company has managed to turn a profit and exceed second-quarter sales estimates. This impressive achievement has not only […]
This Week: Luxury’s Reality Check
Luxury’s Reality Check: LVMH Fourth-Quarter Results Awaited with Bated Breath Luxury conglomerate LVMH, home to prestigious brands like Louis Vuitton, Dior, and Moët & Chandon, is set to release its fourth-quarter results. The stakes are high as industry insiders eagerly anticipate whether the report will confirm signs of a rebound in the luxury sector or […]