Zegna Group Profits Decline 30 Percent Luxury fashion house Ermenegildo Zegna Group recently released its financial report for 2024, revealing a 31 percent decline in profits to €91 million ($98 million). This significant decrease in earnings has been attributed to various factors, including a notable slowdown in the Chinese market and a weaker wholesale performance, […]
Investors Sue Thirteen Lune Founder for Alleged Fraud and Embezzlement
Investors Sue Thirteen Lune Founder for Alleged Fraud and Embezzlement Investing in a promising business can be a lucrative opportunity, but it comes with its risks. The recent lawsuit filed in California against the founder of Thirteen Lune, a notable beauty retailer, sheds light on the darker side of entrepreneurship. Two investors have taken legal […]
IMF integrates Bitcoin into global economic reporting
IMF Includes Bitcoin in Global Economic Reporting: A Milestone for Digital Assets In a groundbreaking move, the International Monetary Fund (IMF) has officially integrated Bitcoin and stablecoins into its financial framework. This decision marks a significant shift in the way digital assets are recognized and recorded on a global scale. With the IMF’s acknowledgment of […]