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 […]
Amazon has pulled back the curtain on one of its most advanced fulfillment centers, located in Kent, Washington, and the tour offers a rare look at how far warehouse automation has come. Hercules robots move inventory pods across the floor while automated packing stations handle tasks that once required rows of human hands. For anyone […]
The apparel world is watching closely after news broke that a Digital Brands Group sale or merger could be on the table. The multi-brand fashion holding company has confirmed it hired financial advisers to explore strategic options, a move that often signals deeper structural pressure within a business. For an industry already navigating thin margins […]
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