Fashion Brands’ Homeware Invasion: The Rise of Lifestyle Empires The convergence of fashion and homeware industries is no longer a trend but a strategic move towards creating all-encompassing lifestyle brands. This shift has been prominently showcased at the Salone del Mobile design fair, where fashion giants are making their presence felt. Bottega Veneta’s recent decision […]
AI investments lift Alphabet despite cloud slowdown
AI Investments Boost Alphabet’s Stock Amid Cloud Slowdown Investor confidence in Alphabet Inc., the parent company of Google, has been on the rise recently, thanks to the company’s strategic investments in artificial intelligence (AI). Despite a slowdown in its cloud business, Alphabet’s stock has been climbing steadily, showcasing the power of AI in driving growth […]
Dolce & Gabbana Looks to Beauty to Safeguard Independence
Dolce & Gabbana Looks to Beauty to Safeguard Independence Italian luxury fashion house Dolce & Gabbana is setting its sights on the lucrative beauty industry to ensure its independence and solidify its market presence. With a strategic move towards in-house management of its beauty products, the company is aiming to achieve €1 billion in annual […]
Google parent Alphabet under pressure over AI spending and slowing cloud growth
Alphabet Faces Investor Concerns Over AI Spending as Cloud and Ad Growth Slow Alphabet, the parent company of Google, is currently navigating through turbulent waters as investor concerns mount over its substantial investments in artificial intelligence (AI) and the deceleration of growth in both cloud services and advertising revenue. The tech giant has been at […]