Fashion’s Unexpected Data Treasure Troves In the ever-changing landscape of the fashion industry, staying ahead of trends is crucial for success. Gone are the days when gut feelings and instinct alone could drive sales and influence style choices. Today, a new wave of independent fashion brokers is emerging, leveraging data in ways that were previously […]
Iron: China’s humanoid robot gets supercomputer-like brainpower, eagle-eye vision
Iron: China’s Humanoid Robot Redefining Robotics with Supercomputer-like Brainpower and Eagle-eye Vision Chinese carmaker Guangzhou Xiaopeng Automotive Technology, or XPENG, has unveiled its updated humanoid robot, Iron. This cutting-edge creation is not just another robot; it’s a marvel of technology that brings together supercomputer-like brainpower and eagle-eye vision in a humanoid form. The advancements in […]
Op-Ed | Next Can Break the £1 Billion UK Profit Curse
Op-Ed | Next: The UK Retailer Breaking the £1 Billion Profit Curse In the competitive landscape of the UK retail industry, hitting a pre-tax profit of £1 billion is a rare feat. Sustaining it is even more challenging. Many British store chains have struggled to reach this milestone, let alone maintain it. However, there is […]
US retailers resist price hikes amid tariff pressures
US Retailers Navigate Turbulent Waters: Resisting Price Hikes Amid Tariff Pressures The world of US retailers is currently facing a formidable challenge: the escalating tariff pressures that threaten profit margins and consumer prices. With the recent trade tensions between the United States and key trading partners, including China, many retailers are feeling the squeeze as […]
Nike Comeback Bid Is Threatened by Inventory Reset, Tariffs
Nike’s Comeback Bid Faces Challenges from Inventory Reset and Tariffs Nike, the iconic activewear brand, is currently facing a turbulent period as it navigates through a challenging landscape of inventory issues and tariffs. The company’s shares recently took a hit, dropping nearly 5 percent following a concerning statement made by CFO Matthew Friend during Nike’s […]
Taco Bell parent company invests $1 billion in AI-powered restaurant technology
Taco Bell Parent Company Invests $1 Billion in AI-Powered Restaurant Technology In the ever-evolving landscape of the fast-food industry, technology continues to play a pivotal role in reshaping the way businesses operate. Taco Bell, a beloved fast-food chain known for its innovative approach to Mexican-inspired cuisine, is taking a bold step into the future by […]
The Debrief | Can Farfetch Be Fixed?
The Debrief | Can Farfetch Be Fixed? Farfetch, the online luxury fashion platform, has been a prominent player in the e-commerce industry for quite some time. However, recent changes in ownership have sparked discussions about the company’s future and its potential for revival. Executive Editor Brian Baskin and Senior Correspondent Sheena Butler-Young recently sat down […]
Decoding Fashion and Retail Priorities With BoF and Shopify
Decoding Fashion and Retail Priorities With BoF and Shopify Executives and technology leaders from luxury and fashion brands such as Kering, Hermès, Gucci, Fendi, Nordstrom, Tapestry, Savage x Fenty, Versace, and Value Retail recently converged in New York City for an exclusive dinner hosted by Business of Fashion (BoF) and Shopify. The event served as […]