AI-Powered Robot Dog Mimics Human Learning Process In the realm of robotics, advancements are frequently made to bridge the gap between artificial intelligence and human-like capabilities. A notable breakthrough in this field comes in the form of a robot dog that learns and adapts like living creatures, without the need for massive datasets or pre-training. […]
Forever 21 Weighs Liquidation Ahead of Bankruptcy in Coming Days
Forever 21 Faces Potential Liquidation Amid Bankruptcy Uncertainty The fast-fashion industry has seen its fair share of ups and downs in recent years, with iconic brands either adapting to the ever-changing market or facing the harsh reality of closure. Forever 21, a prominent player in the fast-fashion retail sector, finds itself at a crossroads as […]
Hugo Boss Sees Broadly Stable 2025 Sales, Flags Muted Demand in First Quarter
Hugo Boss Anticipates Steady 2025 Sales Amidst Challenging First Quarter Hugo Boss, the renowned German fashion house, recently announced its projection of broadly stable sales by the year 2025. This forecast comes in the wake of a challenging first quarter for the company, marked by muted demand and ongoing headwinds from macroeconomic and geopolitical uncertainty […]
Super Mario Bros. challenges AI models more than expected
Super Mario Bros. challenges AI models more than expected When it comes to testing the capabilities of artificial intelligence (AI) models, researchers often turn to a variety of benchmarks to evaluate performance and progress. One surprising contender in this arena is the classic video game Super Mario Bros. Initially developed by Nintendo in the 1980s, […]
Bath & Body Works Forecasts Tepid Annual Results on Tariffs, Spending Concerns
Bath & Body Works Forecasts Tepid Annual Results on Tariffs, Spending Concerns Bath & Body Works, a well-known retailer specializing in personal care and home fragrance products, recently announced its fiscal 2025 forecast, projecting a modest net sales growth of 1 percent to 3 percent. While this prediction indicates some expansion, it falls notably below […]
New AI release from Alibaba intensifies competition in video generation
New AI Release from Alibaba Intensifies Competition in Video Generation Alibaba, the Chinese multinational technology company, has recently made a groundbreaking announcement that is set to shake up the world of artificial intelligence and video generation. With the release of its latest AI models, Alibaba is not only pushing the boundaries of technological innovation but […]
Consumers ‘Under Attack’ Are Pulling Back, Wrangler Maker Says
Consumers ‘Under Attack’ Are Pulling Back, Wrangler Maker Says The retail industry is experiencing a seismic shift as consumers are feeling the squeeze on their wallets. Kontoor Brands, the maker of iconic denim brand Wrangler, recently sent shockwaves through the market with its somber outlook for 2025. The company’s shares plummeted by as much as […]
OTB’s Annual Sales Fall 4% Despite Growth at Diesel and Margiela
OTB Struggles with 4% Sales Decline Despite Success Stories at Diesel and Margiela Italian fashion conglomerate OTB, known for its renowned brands such as Diesel, Jil Sander, Maison Margiela, Marni, and Viktor&Rolf, faced a challenging year in 2024. Despite individual success stories within the group, OTB reported a 4.4% decline in turnover, amounting to €1.8 […]
TikTok returns to US app stores after ban delay
TikTok Returns to US App Stores After Ban Delay The future of TikTok in the United States has been hanging in the balance for months, with the Trump administration seeking to ban the popular social media app over national security concerns. However, recent developments have indicated a potential shift in this narrative, as TikTok has […]
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market Associated British Foods Plc, the owner of the popular fast-fashion retailer Primark, recently made headlines by lowering its sales growth forecast. The company cited weak UK consumer sentiment as a primary factor contributing to this adjustment, alongside a significant 6.4 percent drop in like-for-like sales during […]