Is Burberry a ‘Takeover Target’ after a fifth of its share price drop?
After losing a fifth of its value since the start of the year, Burberry is at risk of a takeover, City analysts have warned. “As the sole British brand of scale operating independently – a rarity in the luxury industry – it boasts a rich heritage and the opportunity to enhance its iconic product lines and accessories.”
Shoplifting Offences in England and Wales Reach Highest Level in 20 Years
The symptoms and the causes of shoplifting offences are complex and require more effort from the government, economists and retailers to understand the contributing factors.
Hermes defies luxury slowdown with sales jump in China, outpacing competition
Birkin bag maker Hermes (HRMS.PA), opens a 17% surge in first-quarter sales, sustaining a significant upswing in sales from the previous quarter particularly in China, indicating a strong demand for high end luxury.
Ted Baker struggle in Europe- administration and job risks
Ted Baker stand to let go 975 employees and close 46 stores, plus an e-commerce platform and department store concessions. "We wish that there could have been a better outcome for the Ted Baker employees and stakeholders." Authentic Brands Group chief strategy and transition officer John McNamara said
2024- a year of positive change & ethical considerations in wellbeing & healthcare
Ethical Retail Practices in 2024 are witnessing increased awareness. We look into how retail can extend its influence beyond product sales to encompass a broader ethos of social responsibility and patient advocacy.
Meet MARCo-Lite, the latest Mental Health Assisting Robot Companion
Increasingly, people worldwide are grappling with mental health problems. While traditional therapeutic interventions can help, they are often beyond the reach or means of many. This discrepancy in mental health resources has catalyzed the conception of alternative support mechanisms, such…
The US Senate passes 95,3 billion National Security package to Aid Ukraine, Israel and Taiwan
The US Senate passes 95,3 billion National Security package to Aid Ukraine, Israel and Taiwan. The bill includes $61 billion in aid to Ukraine and $26 billion for Israel, as well as $1 billion in humanitarian assistance to Gaza and $8 billion for Taiwan.
Hey Meta! Ray-Ban Meta Smart Glasses with Multimodal AI: Tech in Everyday Accessories
Technology continues to evolve, it is likely that we will see more products that challenge the traditional boundaries between fashion, function and technology. Two words: Hey Meta! Can Ray-Ban Meta Smart Glasses with Multimodal AI will change what you see next?
Earth Day 2024: Planet Vs. Plastic- End Plastic Pollution
Earth Day, celebrated every year on April 22, has evolved into a global affair representing our collective endeavour to protect the environment. Since its establishment over half a century ago in 1970, the event has galvanized individuals, communities, and governments…
Market and economic trends: What is the current state of global markets?
The current state of global markets is characterized by a mix of recovery, inflationary pressures, geopolitical uncertainties and opportunities for innovation and sustainability. Navigating these economic trends requires a nuanced understanding of economic dynamics, strategic foresight and agility to adapt to changing circumstances.
Alibaba starts an estimated 11 billion dollars cloud computing arm
With an estimated investment of 11 billion dollars, Alibaba is poised to establish itself as a major player in this rapidly growing industry.
The decision to expand its cloud computing arm reflects Alibaba's strategic vision and commitment to innovation.
What is the future of electric cars: Tesla stock sinks as market value falls below $500 billion
Tesla stock sinks to near 12-month low as market value falls below $500 Billion. Investors recalibrate their expectations and analysts scrutinize the tides of innovation, a tough question hangs in the air: What does the future hold for electric cars, and what role will Tesla play in shaping it?