Farm Rio Adjusts Strategy Amid Rising Costs and Tariffs The renowned Brazilian fashion company, Farm Rio, celebrated for its vibrant and eclectic designs sported by celebrities like Beyoncé and Justin Bieber, is facing a challenging predicament. In response to escalating costs and the impact of tariffs, the brand has announced a strategic shift that involves […]
Procter & Gamble to Cut 7,000 Jobs Over Two Years
Procter & Gamble to Cut 7,000 Jobs Over Two Years Procter & Gamble, the American personal care giant, is set to undergo significant changes in the coming years. With a strategic restructuring program on the horizon, the company has announced its decision to slash 7,000 jobs over the course of two years. This move comes […]
80% charge in 12 minutes: Breakthrough EV battery boasts 310,000-mile lifespan
A pioneering Serbian company specializing in lithium iron phosphate (LFP) battery technology has unveiled a groundbreaking innovation that could revolutionize the electric vehicle industry. The new EV battery boasts an impressive 80% charge in just 12 minutes, addressing one of the major concerns of EV drivers – long charging times. This breakthrough not only accelerates […]
Certifying sustainability: BioReCer’s impact on bio-based materials
Certifying Sustainability: BioReCer’s Impact on Bio-Based Materials Martin Clemesha of Braskem sheds light on the profound influence that BioReCer’s certification guidelines have on bio-based materials. The certification process plays a crucial role in ensuring sustainability and promoting eco-friendly practices within the bio-based materials industry. By adhering to BioReCer’s standards, companies can demonstrate their commitment to […]
VF Rushing US Imports to Beat Tariffs, Outlook Miss Sinks Shares
VF Rushing US Imports to Beat Tariffs, Outlook Miss Sinks Shares The recent news of VF Corporation, the parent company of popular brands like Timberland and Vans, rushing to increase imports into the US to beat impending tariffs has sent ripples through the business world. This strategic move comes on the heels of the company […]
Luxury Retailer Canada Goose Withholds Annual Forecast on Tariff Uncertainty
Luxury Retailer Canada Goose Withholds Annual Forecast on Tariff Uncertainty Luxury retailer Canada Goose has recently made headlines by choosing to withhold its annual forecast due to ongoing uncertainty surrounding tariffs. This decision comes on the heels of the parka maker reporting strong quarterly sales, which resulted in a notable 13 percent increase in its […]
Revolution Beauty Puts Itself Up For Sale
Revolution Beauty: The British Cosmetics Powerhouse On The Market Revolution Beauty, the beloved British cosmetics maker, has recently made headlines by announcing its decision to put itself up for sale. This strategic move comes hot on the heels of an unsolicited bid for the company from an undisclosed suitor, prompting Revolution Beauty to officially kickstart […]
The Next Sneaker Powerhouse?
Dick’s Sporting Goods’ Acquisition of Foot Locker: A Game-Changer in the Sneaker Industry In a strategic move that has taken many by surprise, Dick’s Sporting Goods has recently acquired Foot Locker, a significant player in the global sneaker market. The acquisition has positioned Dick’s Sporting Goods to potentially become a major powerhouse in the industry, […]
Birkenstock Plans Price Hikes to Offset Tariffs, Sees Strong Demand
Birkenstock Plans Price Hikes to Offset Tariffs, Sees Strong Demand The iconic footwear brand, Birkenstock, is gearing up to implement a strategic move in response to the recent 10% US tariff on EU goods. The company has announced its decision to raise prices on a global scale, a bold strategy aimed at mitigating the impact […]
EU and Japan reinforce tech and digital partnership
EU and Japan Strengthen Tech and Digital Partnership for Economic Security In an era where technology and digitalization play a crucial role in shaping economies and industries, the European Union (EU) and Japan have taken a significant step towards reinforcing their partnership in these domains. The tech and digital agreement between the EU and Japan […]