The latest defense tech funding round has landed squarely on Hadrian, a startup building automated factories to mass-produce parts for defense vehicles including submarines. The company just closed $1.37 billion at an $8 billion valuation, backed by a long list of well-known investors. For an industry once seen as slow-moving and government-dependent, this kind of […]
High beef prices are expected to stick around longer than many businesses would like, according to Tyson Foods. The meat processing giant recently signaled that federal efforts to expand cattle supply are unlikely to bring meaningful relief anytime soon. For restaurants, grocers, and logistics operators tied to the meat supply chain, that means budgeting for […]
Under Armour is turning to K-pop to fuel its Asia-Pacific marketplace expansion, naming the group BoyNextDoor as global brand ambassadors. The move lands alongside a regional push for the company’s Bouncy Tee line, and it signals how seriously the athletic apparel giant is taking growth outside its traditional North American base. For a brand that […]
Omilia, a company building an AI-driven customer support platform, has closed a $67 million Series B round. This marks the company’s second fundraise since 2020, and it arrives at a moment when its annual recurring revenue has grown tenfold to $60 million. For a sector that has seen its share of ups and downs, this […]
A growing number of retailers are choosing not to wait for the government to process their tariff refunds. Instead, companies including American Eagle Outfitters and The Children’s Place are selling the rights to those future tariff refunds to outside investors in exchange for immediate cash. This emerging secondary market shows how much pressure retailers are […]
Capri Holdings just delivered a case study in why brand portfolio strategy matters more than ever for multi-label retail groups. The company’s total revenue slipped more than 3% in its latest quarter, dragged down by continued softness at Michael Kors. Yet Jimmy Choo posted a 10% revenue jump, and overall margins and profits actually expanded, […]
Klaviyo acquires Elias Torres’ agency in a move that brings the serial entrepreneur back into the fold as the company’s new Chief Product Officer. Torres will lead the e-commerce marketing platform’s push into AI agents, a role that marks a full circle moment for founders who have crossed paths before in the tech world. For […]
Chipotle recently pulled certain jalapeños from its restaurants after concerns emerged about possible Salmonella contamination. The company’s ingredient tracking system flagged the affected peppers, allowing the chain to swap them out for supplies from other vendors. This quick move is a strong example of supply chain traceability doing exactly what it is designed to do, […]
High-income shoppers are proving to be a bright spot for online marketplaces even as the broader housing market stays shaky. Wayfair’s latest quarterly results show that its upscale banner, Perigold, grew by more than 35%, a signal that affluent buyers are still willing to spend on home goods when the offering feels premium and curated. […]
The world of SaaS for small business just got a major shakeup. Bending Spoons, the Italian tech company known for scooping up software products, has agreed to acquire Airtable for $1.28 billion. The deal marks a steep drop from Airtable’s peak valuation of over $11 billion back in 2021, and it raises fresh questions about […]
Commentaires récents