Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows Italian luxury fashion house Zegna Group has recently reported a 1% decrease in revenues, reflecting the challenges faced by the wholesale sector while witnessing growth in Direct-to-Consumer (DTC) channels. This shift in revenue streams signifies a broader trend in the fashion industry as consumer […]
New Zealand Debuts Nationwide Satellite Texting: A Leap in Connectivity
In a groundbreaking initiative for telecommunications, New Zealand has become the first country in the world to launch a nationwide satellite texting service. This revolutionary service is the result of a partnership between One NZ and SpaceX’s Starlink, promising to enhance connectivity across diverse terrains and remote locations of the nation. This development is not […]
New Competition Rules for Digital Platforms in Brazil
Brazil’s government is entering a new phase in regulating digital platforms, aiming to strengthen its competition laws against influential tech giants. The recent proposals to the country’s competition law emphasize the government’s commitment to fostering a fairer digital marketplace. The Ministry of Finance is driving this initiative, stressing that current legislation must evolve to address […]
Google Warns of Drastic Steps if New Zealand Law Passes
Google’s growing tension with New Zealand’s proposed legislation highlights a significant crossroads in the relationship between tech giants and local media operations. The new law, which aims to ensure fair revenue sharing between digital platforms and news publishers, threatens to alter the landscape of news distribution significantly. As digital media shifts towards greater accountability and […]