The Future of Beauty Shopping: Adapting to Changing Consumer Trends In the ever-evolving landscape of the beauty industry, one thing remains constant: change. Macro dynamics, wealth patterns, and migration are playing pivotal roles in reshaping beauty shoppers globally. According to The State of Fashion: Beauty Volume 2 report, companies in the beauty sector must proactively […]
Indonesia opens AI centre with global tech partners
Indonesia’s Bold Move: Jakarta Opens AI Centre with Global Tech Partners In a significant stride towards technological advancement, Indonesia has recently unveiled its state-of-the-art Artificial Intelligence (AI) center in Jakarta. This groundbreaking initiative aims to not only foster the development of AI technologies within the country but also to collaborate with global tech partners to […]
Salomon’s XT-6 Sneakers Help ‘Sportstyle’ Division to Sales of $165 Million Through Q3
Salomon’s XT-6 Sneakers Help ‘Sportstyle’ Division to Sales of $165 Million Through Q3 In a remarkable display of market dominance, Salomon, the renowned sportswear brand, has seen its ‘Sportstyle’ division achieve staggering sales of $165 million through the third quarter of the fiscal year. This impressive performance is not only a testament to the brand’s […]
Shein Files for Hong Kong IPO to Save London Listing, FT Reports
Shein Files for Hong Kong IPO to Save London Listing, FT Reports The global fashion powerhouse Shein has made headlines once again, this time by reportedly filing for an initial public offering (IPO) in Hong Kong. This strategic move aims to expedite its listing process and possibly sway British regulators to greenlight its much-anticipated debut […]
A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire
A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire In the realm of beauty and cosmetics, South Korea has been making waves globally with its innovative products and trends. One name that has recently emerged at the forefront of this booming industry is Kim Byung Hoon, the founder of APR Corp. At just 36 years […]
Swiss Watch Exports Slump in May as US Tariffs Shake Market
Swiss Watch Exports Experience a Downturn in May Amidst US Tariffs Turmoil Switzerland, renowned for its precision and luxury in watchmaking, has recently faced a significant setback in its watch export industry. The latest reports reveal a slump in Swiss watch exports in May, with a notable decline in shipments to the United States, the […]
Chinese firm boosts humanoid, legged robot development with game-changer suite
Chinese Firm Boosts Humanoid, Legged Robot Development with Game-Changer Suite A Chinese firm has released a comprehensive suite of open-source resources to lower technical barriers and propel the development of humanoid, legged robots to new heights. This innovative move is set to revolutionize the robotics industry, offering a significant boost to companies and researchers seeking […]
Farm Rio Raises Prices, Slows Exports to US
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 […]