AI Can Reshape the Insurance Industry, but Carries Real-World Risks Artificial Intelligence (AI) has been making waves across various industries, and the insurance sector is no exception. With its ability to process vast amounts of data, identify patterns, and make predictions, AI has the potential to revolutionize how insurers assess risk, detect fraud, and streamline […]
Aritzia’s US Sales Jump as Expansion Southward Bears Fruit
Aritzia’s US Sales Jump as Expansion Southward Bears Fruit Aritzia, the popular Canadian retailer, has been making waves in the US market with its recent impressive sales growth. In the company’s fiscal first quarter, Aritzia exceeded expectations in terms of US sales, a feat largely attributed to its aggressive expansion efforts southward. The success of […]
On Returns to Profit, Surpasses $1 Billion in Revenue
On Returns to Profit, Surpasses $1 Billion in Revenue In a remarkable turn of events, the fast-growing Swiss running footwear company has not just bounced back from a challenging period but has exceeded all expectations by reporting a net income of CHF 57.7 million ($62.4 million). This impressive figure marks a significant upswing from the […]
On Records Another Bumper Quarter
On Records Another Bumper Quarter Swiss sneaker giant, a well-known name in the footwear industry, has recently made headlines with its impressive financial performance. The company reported record revenues and soaring profits in its second fiscal quarter, showcasing its resilience and ability to thrive in a competitive market. The record revenues reported by the Swiss […]
FlySafair introduces AI interface for smarter bookings
FlySafair Introduces AI Interface for Smarter Bookings South Africa’s leading low-cost airline, FlySafair, has taken a significant leap forward in its tech-driven customer service strategy with the introduction of Lindi, an artificial intelligence interface designed to revolutionize the booking experience for travelers. This innovative move not only showcases FlySafair’s commitment to embracing cutting-edge technology but […]
Amazon reaches one million warehouse robots
The Rise of Automation: Amazon Reaches One Million Warehouse Robots In the ever-evolving landscape of e-commerce, Amazon has been at the forefront of innovation and efficiency. The tech giant recently reached a significant milestone, with around one million warehouse robots supporting its operations worldwide. This achievement underscores the increasing reliance on automation in the realm […]
Exclusive: Skims’ Plan for Global Domination
Exclusive: Skims’ Plan for Global Domination Kim Kardashian’s shapewear brand, Skims, is gearing up for an unprecedented expansion into new markets across the United States and around the world. CEO Jens Grede recently sat down with The Business of Fashion to discuss the brand’s ambitious vision of becoming “the Apple store of apparel.” With its […]
Dealers at Art Basel Sidestep Politics, Reap Rewards
Dealers at Art Basel Sidestep Politics, Reap Rewards Art Basel, one of the most prestigious art fairs in the world, has always been a melting pot of creativity, culture, and commerce. This year, however, something seemed different. Dealers and artists seemed to have consciously sidestepped the turbulent waters of politics, opting instead for safe, apolitical […]
Can Stitch Fix Revive Its Subscription Box Model?
Can Stitch Fix Revive Its Subscription Box Model? Stitch Fix, the popular online personal styling service, has been on a rollercoaster journey in recent years. After facing 12 consecutive quarters of topline contraction, the company is finally seeing a glimmer of hope under the leadership of chief executive Matt Baer. Baer has shifted the company’s […]
Shoppers can now let AI find and buy deals
Shoppers Can Now Let AI Find and Buy Deals In a world where time is of the essence and convenience is key, leveraging artificial intelligence to streamline shopping experiences has become increasingly popular. Thanks to advancements in technology, shoppers can now set the rules and let AI do the heavy lifting when it comes to […]