Nike’s CEO John Donahoe said the company is “really focused” on Gen Z consumers in China and aims to see inventory levels normalized by the […]
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South Koreans are the world’s biggest spenders on luxury goods
Morgan Stanley says South Koreans spend more on luxury goods per capita than even American or Chinese nationals.
Continue readingWhy Singapore isn’t imposing new travel rules on visitors from China
Singapore’s government cites statistics to show why new rules for Chinese travelers won’t necessarily make Singapore safer from Covid-19 right now.
Continue readingWWE’s smaller rival AEW interested in merger, sources say
WWE rival AEW is owned by the Khan family, which also owns the NFL’s Jacksonville Jaguars.
Continue readingRent the Runway to sell secondhand luxury on Amazon as it chases profitability
Rent the Runway began selling its secondhand luxury clothes Thursday on Amazon as the subscription-based startup continues to chase profitability.
Continue readingIconic Kobe Bryant jersey up for auction, expected to fetch up to $7 million
A jersey that Kobe Bryant wore for 25 games during his MVP season is being sold at auction by Sotheby’s.
Continue readingElectric luxury-car maker Lucid produced more vehicles in 2022 than expected
Lucid told investors to expect it to make between 6,000 and 7,000 of its Air sedans in 2022. It was able to beat that total […]
Continue reading2022 was one of the top 10 hottest years on record and the warmest La Nina year on record, according to government scientists
2022 was one of the top 10 hottest years on record and the warmest year on record with a La Nina weather pattern, which generally […]
Continue readingFlight disruptions ease after FAA outage but questions linger about system outage
More than 400 U.S. flights were delayed on Thursday following an FAA ground stop that delayed thousands of flights.
Continue readingInvesting in Space: Digital orbital danger
Cybersecurity company SpiderOak raised $16.4 million in an oversubscribed round in a space data encryption push.
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