TikTok Shop Expands to France, Germany, and Italy: A Game-Changer in EU E-Commerce The e-commerce landscape in the European Union is witnessing a significant shift with the introduction of TikTok Shop in France, Germany, and Italy. Despite facing mounting scrutiny and industry backlash, TikTok is making bold strides by integrating an in-app shopping feature, revolutionizing […]
Poland pushes ahead with tech tax despite US criticism
Poland Pushes Ahead with Tech Tax Despite US Criticism Poland is making bold moves in the realm of technology with its recent decision to implement a tech tax aimed at major tech companies. The tax is designed to target the profits of these tech giants and utilize the revenue to bolster local tech development initiatives. […]
Olaplex Sales Slide 9.8%, Specialty Retail Recovers
Olaplex Sales Slide 9.8% in Q4 as Specialty Retail Sector Recovers The biotechnology hair care company, Olaplex, recently reported a 9.8% decrease in sales, amounting to $100.7 million in its fourth-quarter earnings. This decline was primarily driven by a significant drop in professional sales. However, amidst this setback, there is a silver lining as the […]
Trump orders review of tariffs over digital service taxes
Trump Orders Review of Tariffs Over Digital Service Taxes In a move that could potentially shake up international trade relations, President Trump has ordered a review of tariffs on imports from countries such as France, Canada, and several others. The reason behind this review is the implementation of digital service taxes by these nations, which […]
Shein Profit Dropped Last Year, Further Challenging IPO, FT Says
Shein Profit Dropped Last Year, Further Challenging IPO, FT Says The fast-fashion industry has long been a competitive and ever-changing landscape. With trends evolving rapidly and consumer preferences shifting unpredictably, companies in this sector must constantly adapt to stay ahead. However, even the most prominent players in the market are not immune to challenges, as […]
Versace Parent Capri Says Turnaround to Take a Year
Versace Parent Capri Says Turnaround to Take a Year Capri Holdings, the parent company of renowned fashion houses Michael Kors, Versace, and Jimmy Choo, has recently announced that it anticipates a year-long turnaround to restore its financial standing. Despite the high expectations surrounding the luxury brands under its umbrella, Capri Holdings foresees fiscal 2025 revenue […]
Puma Shares Fall After Sales and Profit Miss
Puma Shares Plunge by 18% After Missing Sales and Profit Targets Puma, the renowned sneaker maker, faced a significant setback as its stock plummeted by approximately 18%, marking its lowest level since 2018. The sharp decline came as a result of the company falling short of its sales and profit targets, causing concern among investors […]
The Business of Beauty Haul of Fame: A Crisis for Hollywood Makeup Artists
The Business of Beauty Haul of Fame: A Crisis for Hollywood Makeup Artists For red carpet professionals, the fires are the latest in a series of trials. The glitz and glamour of Hollywood red carpets have long been synonymous with beauty and elegance. Behind the scenes, makeup artists work tirelessly to create the flawless looks […]