Apr 19, 2024 Last Updated 06:03 AM EDT

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Fashion/Clothing

Adidas Bounces Back After Kanye West Fallout, Forecasts $743 Million Profit in 2024

Adidas has rebounded after it severed ties with Kanye West, now projecting profits of €700 million (£598 million) for 2024.

Exploring the Marvels of AI in Fashion with Michael Chen

Michael Chen, the founder of Cape Robbin, says that AI has been transformative in his experience. It can do wonders if applied correctly, something that is reflected in Cape Robbin's diverse and uniqu..

Nike Plans to Make its Biggest Olympics Spending Yet

Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics...

Nike CEO John Donahoe is Fed Up With Remote Work, Says Setup Slows Down Innovation in New Products

Nike CEO John Donahoe blames the recent decline in innovation to the challenges posed by remote work and acknowledges that there has been an excessive focus on direct sales, which may have hindered pr..

Beyoncé's 'Cowboy Carter' Drives Boot Sales Jump Over 20% Across The US, Retailers Are Thriving

Sales of Western-style boots saw a significant increase of over 20% in...

Jessica Alba Steps Down From The Honest Company 12 Years After Founding the Firm

Jessica Alba is stepping down as chief creative officer at The Honest ...

Latest News

As IPO market recovers, more retailers set to list in London- report
With a recovery in the IPO market propelling private equity backers to exit their investments, lenders are readying to list more UK retailers on the London bourse, the Financial Times reported.
Singapore's Nalanda Capital ups stake in Indian firm Lovable Lingerie
Singapore-based private equity firm Nalanda Capital has increased its holding in Mumbai, India-based underwear manufacturer Lovable Lingerie Ltd to 8.79% in a deal valued at $3.25 million.
NewStyle Salons adds seven Fantastic Sams in Fox Valley
Wisconsin-based firm Salon Management Enterprises has acquired Fantastic Sams' seven hair grooming outlets in the Fox Cities and Green Bay region for an undisclosed sum, to be upgraded and re-branded
Private equity- owned Dots to seek bankruptcy protection- report
Sources told The Wall Street Journal that private equity-owned discount retailer Dots LLC is readying itself to file for bankruptcy as the company struggles from the competition given by flash sites.
Jos. A. Bank Clothiers Inc's board asks stakeholders to refuse $1.6B Men's Wearhouse Inc hostile bid
Shareholders were asked by the Jos. A. Bank Clothier's Inc board to refuse a hostile bid amounting to $1.61 billion from Men's Wearhouse, Reuters reported.
Neiman Marcus Department store chain given two weeks to answer to data breach
Dallas-based Neiman Marcus Group Ltd was given two weeks by Florida Attorney General Pam Bondi to answer questions about the cyber breach that happened during the holiday rush, Bloomberg reported.
Rhode Island's Teespring raises $20M to sell custom T-shirts
Rhode Island, US-based startup Teespring has raised $20 million in its first round of funding led by Andreessen Horowitz to sell custom and pre-ordered T-shirts for a cause.
Brookstone Co engages services of Jefferies Group, K&L Gates for debt restructuring- sources
To help it restructure its debt, retailer Brookstone Co has hired a financial adviser Jefferies Group and law firm K&L Gates, according to sources interviewed by Bloomberg.
US apparel retailer Aeropostale approaches private equity firms to explore exit -Bloomberg
New York, US-based clothes retailer Aeropostale Inc contacted private equity groups amid pressure from investors to sell itself, according to sources cited in a Bloomberg report.
US clothing firm Cherokee acquires Tony Hawk brand for $19M
Van Nuys, California-based apparel brand licensing firm Cherokee Inc acquired the Huntington Beach-based clothing brand of legendary skateboarder Tony Hawk in a deal valued at $19 million in cash.

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UPDATE: Google Employees Arrested and Fired After Staging Protests Over Company's Project Nimbus Deal With Israel

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Missing Billionaire, Who Was Declared Dead in 2021, Is Believed to Be Alive and Living With His Mistress in Russia

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Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'

Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
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