Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy Liberated Brands, the parent company of popular surfwear brands Quiksilver and Billabong, has recently made headlines by filing for bankruptcy. The retailer cited shifting consumer preferences towards fast fashion and rising costs as the primary reasons behind its financial struggles. This move marks a significant shift in the […]
India reconsiders cryptocurrency stance amid global shifts
India reconsiders cryptocurrency stance amid global shifts The world of cryptocurrency is constantly evolving, with new developments and regulations shaping the landscape each day. Recently, India has found itself at the center of this evolution as it reconsiders its stance on cryptocurrencies. This decision could have a significant impact on the global crypto market, influencing […]
Taiwan welcomes exclusion from US AI restrictions
Taiwan Celebrates Exemption from US AI Chip Restrictions: A Testament to Robust Oversight and Compliance In the ever-evolving landscape of technology and innovation, the race for dominance in artificial intelligence (AI) has become increasingly fierce. Recently, Taiwan made headlines as it was granted an exemption from the US AI chip restrictions, a decision that has […]
Brunello Cucinelli’s Revenues Rose 12% in 2024, Sees ‘Very Strong’ Profits
Brunello Cucinelli’s Revenues Rose 12% in 2024, Sees ‘Very Strong’ Profits Italian luxury fashion brand Brunello Cucinelli has set a high bar for success in 2024, reporting a remarkable 12% increase in revenues compared to the previous year. The group, known for its exquisite craftsmanship and timeless designs, revealed that its revenues soared to a […]
India to Promote Its Textiles as Political Crisis Hits Bangladesh’s Exports, Say Sources
India Gears Up to Seize Opportunity as Bangladesh’s Textile Exports Face Uncertainty An ongoing political crisis in neighbouring Bangladesh has created ripples in the global textile industry, prompting major retailers to scout for alternative sourcing destinations. The turmoil in Bangladesh, a key player in the global garment manufacturing sector, has pushed international buyers to consider […]
Nvidia revenue at risk due to US AI chip export limits
Nvidia’s Revenue at Risk: How US AI Chip Export Limits Could Impact the Tech Giant Nvidia, the renowned tech giant in the world of artificial intelligence (AI) and graphics processing, is facing a significant threat to its revenue streams due to the recent US export restrictions on AI chips. These limitations could potentially affect nearly […]
EU allocates €132m to promote sustainable agri-food products
EU Allocates €132m to Promote Sustainable Agri-Food Products The European Union has taken a significant step towards supporting sustainable agriculture and promoting high-quality agri-food products. With a substantial allocation of €132 million, the EU aims to co-fund promotion activities that will not only benefit the internal market but also extend its reach to a global […]