Watches of Switzerland Warns US Tariffs to Weigh on Margin The renowned UK-based luxury watch retailer, Watches of Switzerland, recently sounded the alarm regarding the potential impact of US tariffs on its profit margins. The company disclosed that its margin on earnings before interest and taxes (EBIT) could face a decline of up to 100 […]
How Fashion Brands Should Talk About Inflation
Navigating Inflation: How Fashion Brands Can Address Rising Costs In today’s volatile market, the fashion industry is facing a significant challenge due to the escalating prices of raw materials and persistent supply chain disruptions. These factors are not only impacting companies’ bottom lines but also posing a threat to their profitability and sustainability. As inflation […]
Microsoft brings Grok AI to Azure
Microsoft Brings Grok AI to Azure In the realm of artificial intelligence, the name Grok has stirred both fascination and controversy. However, despite its past controversies, Grok has now found a new home within Microsoft’s Azure AI Foundry lineup. This strategic move not only marks a significant development in the AI landscape but also highlights […]
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 […]
VF Corp Beats Quarterly Estimates as Turnaround Plan Pays Off
VF Corp Beats Quarterly Estimates as Turnaround Plan Pays Off VF Corporation, the renowned American apparel and footwear company, has recently reported impressive financial results, surpassing revenue and profit estimates for the third consecutive quarter. This achievement marks a significant turnaround for the company, which had been grappling with demand headwinds and losses earlier in […]