Op-Ed | How Small Will Beat Big and Save the Fashion Industry In the fast-paced world of fashion, where trends change in the blink of an eye, staying ahead of the curve is crucial for brands to survive and thrive. However, the traditional approach of big fashion houses dominating the industry is no longer a […]
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 […]
AI chip production to benefit from Rapidus and Quest Global alliance
AI Chip Production Set to Soar with Rapidus and Quest Global Collaboration In a strategic move set to revolutionize the landscape of artificial intelligence (AI) chip production, Rapidus and Quest Global have announced a groundbreaking alliance. This partnership aims to harness the strengths of both companies to create next-generation AI chips that are set to […]
Hypersonic cargo jet that will fly 10 times the speed of sound planned by US firm
The Future of Air Cargo: US Firm Plans Hypersonic Jet That Will Revolutionize Delivery Services A United States-based firm has pitched the idea for a hypersonic aircraft for cargo delivery, promising to fly at speeds up to 10 times faster than the speed of sound. This groundbreaking concept could potentially revolutionize the logistics industry, offering […]
Forever 21 to Close Stores in Bid to Mimic Online Rivals’ Model
Forever 21 Shifts Strategy: Closing Stores to Embrace Online Retail Trends The retail landscape is constantly evolving, with e-commerce giants setting the pace for the future of shopping. In a bid to stay competitive and mimic the success of online rivals, fast fashion retailer Forever 21 is making bold moves. According to Bloomberg, the brand […]
Huawei’s Ren discusses China’s tech growth with Xi
Huawei’s Ren Discusses China’s Tech Growth with Xi In a recent meeting with Chinese President Xi Jinping, Huawei’s founder Ren Zhengfei discussed the remarkable growth of China’s technology sector. This conversation comes at a time when previous concerns over the scarcity of domestically produced chips and operating systems have notably lessened. One of the key […]
Shein Profit Dropped Last Year, Further Challenging IPO, FT Says
Shein Profit Dropped Last Year, Further Challenging IPO, FT Says The fast-fashion industry has long been a competitive and ever-changing landscape. With trends evolving rapidly and consumer preferences shifting unpredictably, companies in this sector must constantly adapt to stay ahead. However, even the most prominent players in the market are not immune to challenges, as […]
Stellantis expands AI partnership with Mistral
Stellantis Expands AI Partnership with Mistral Stellantis, one of the world’s leading automotive companies, has recently announced an expansion of its partnership with Mistral, a prominent AI technology firm. This collaboration aims to accelerate data analysis processes within Stellantis, showcasing the company’s commitment to leveraging cutting-edge technologies to drive innovation and efficiency in its operations. […]
DeepSeek sparks AI investment surge in China
DeepSeek Sparks AI Investment Surge in China The rise of artificial intelligence (AI) has been nothing short of revolutionary, transforming industries and economies globally. In China, AI technology is rapidly gaining momentum, thanks to innovations like DeepSeek. This cost-effective language model has become a game-changer for Chinese tech stocks, sparking a significant surge in AI […]
Shein Vendors Fear Thin Margins Will Vanish Under New USPS Rules
Shein Vendors Fear Thin Margins Will Vanish Under New USPS Rules The landscape of international e-commerce is facing a potential upheaval as the US Postal Service wavers on its treatment of inbound packages from China. This uncertainty is sending ripples of concern through vendors associated with popular Chinese e-commerce platforms like Shein and Temu. The […]