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..


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Three dead in Cambodia garment workers strike -report
The Phnom Penh Municipal Police on Friday said that three people were killed and several others wounded after police fired AK-47 rifles to quell a labor protest by striking garment workers in Cambodia
Royal Bank of Canada is top dealmaker on Canadian retail M&A- report
The top dealmaker for Canadian retail mergers and acquisitions for 2013 is the Royal Bank of Canada, data from Bloomberg revealed. RBC has held the top spot for the third straight year.
US shoemaker Crocs' chief to retire as Blackstone picks up $200M stake
The Chief Executive Officer (CEO) of Colorado, US-based plastic clogs maker Crocs Inc is set to retire, and Blackstone Group LP will acquire a $200-million convertible preferred stock in the strugglin
Angel investment in Russia quadrupled this year - study
Angel funding in Russian companies were 4.5 times more than funding from angel investors in 2012, according to a joint study by National Association of Business Angels (NABA), Atom Partners and RVC.
590 venture-backed US companies could be IPO candidates next year - report
Research firm CB Insights revealed in its latest report that IPO activity will most likely be the most active in the technology sector as over 500 companies have healthy trajectories and high valuatio
Target acknowledges data breach extended to encrypted PIN
US retailer Target said that the data breach involving some 40 million of its credit and debit cards included encrypted personal identification numbers, the Financial Times reported.
Cambodian garment workers hold nationwide strike over wage dispute
Workers from over 120 garment factories in Cambodia on Wednesday held a nationwide strike to demand a higher minimum wage. Cambodia's government initially approved an increase in the industry's minimu
No slump on Boxing Day as UK shoppers spent over £2.7B
A holiday shopping season slump failed to materialize in the UK as shoppers flocked to stores on Boxing Day, giving British retailers a boost, The Telegraph reported.
Steep discounts raise doubts on profitability of retailers
While shoppers in the UK and the US spent more for the holidays this year, the profit margin for retailers remains in doubt due to steep discounts, the Financial Times reported.
Amazon.com offers customers gift cards, refunds after UPS delivery failure
Gift cards and shipping refunds were offered by Amazon.com Inc to appease its customers after UPS said it would not be able to deliver some packages by Christmas, Bloomberg reported.
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