Nike is Making a Major Shakeup
Nike is undergoing a major leadership overhaul as it grapples with intensifying competition and internal strategy missteps. On Thursday, the athletic apparel giant announced that CEO John Donahoe will retire
Jemima Osunde Reveals Three-Year Health Struggle Following Contaminated Set Meal
Nigerian actress Jemima Osunde has shared details of a prolonged health battle stemming from an incident three years ago when she consumed contaminated food while on a film set. In
Disney Overtakes Netflix in Race For Subscribers
Disney will launch a new ad-supported streaming service in the US in December, as it overtakes Netflix in the race for paid subscribers. As reported by BBC, the firm reported
TSMC Grapples with Talent Shortage Amid Global Expansion
The world's leading chipmaker, TSMC (Taiwan Semiconductor Manufacturing Company), faces significant challenges as it navigates a global talent shortage amidst rapid expansion plans. Traditionally relying on a buddy system for
Yeezy Fallout Could Push Adidas into its First Annual Loss in 31 Years
Adidas has warned that it could suffer its first annual operating loss in more than three decades this year, mostly because it may have to write off the entire range
Costco is Now Selling Platinum Bars for $1,089
Costco has expanded its offerings of precious metals by introducing platinum bars to its collection. The retail giant is now selling 1 oz. Swiss-made platinum bars for $1,089.99 on its
Once a Strong Nike Competitor, Under Armour Now Struggles to Stay Relevant
Under Armour, once touted as a formidable rival to Nike, is now grappling to maintain its relevance in an increasingly competitive sportswear market. Founded by 23-year-old former college athlete Kevin
Forbes Names Beyoncé a Billionaire, Placing Her Among Music’s Wealthiest Figures
Beyoncé has officially entered billionaire territory, according to Forbes, becoming the fifth musician to achieve a 10-figure fortune. The US business magazine says the global superstar now joins an exclusive
WH Smith to Open More Than 120 New Travel Stores as Sales Surge
WH Smith has revealed plans to open more than 120 new shops after resurgent travel demand helped sales rocket over the past six months. The retailer also saw profits more
Designed in US, Made in China: Why Apple is Stuck
Apple, the world’s most valuable company, has long prided itself on its sleek products designed in California. Yet, despite the iconic label proclaiming their American origins, the reality is that
The Washington Post Revamps Homepage as Part of Turnaround Strategy
The Washington Post is undergoing a significant transformation, starting with a much-needed redesign of its homepage. This move is part of publisher and CEO Will Lewis’s broader effort to improve
China’s Comac Steps Onto the Global Stage as It Challenges Aviation’s Biggest Names
Amid rows of aircraft models, mock cockpits and high-tech aviation displays at the Singapore Airshow, one exhibitor has been attracting outsized attention: Comac, China’s state-owned aircraft manufacturer. The company has
Phil Spencer Confirms Plans to Expand Xbox Games to Multiple Platforms
Phil Spencer, the head of Xbox, has confirmed that more Xbox-exclusive games will soon become available on other platforms, including rival consoles like the PlayStation 5. The announcement came during
Warren Buffett Ditched His Flip Phone for an iPhone in 2020 and Drinks 5 Cans of Coke a Day
Business magnate Warren Buffett is widely regarded as one of the greatest investors of the modern-day world. His seemingly unmatched and consistent value-investing strategies have earned him the title of
Accenture to Acquire Udacity to Build a Learning Platform Focused on AI
Accenture revealed its acquisition of the learning platform Udacity today, signalling a strategic move to strengthen its offerings in AI-focused education. While the financial details of the acquisition were not
‘Air’ Will Tell the Story of How Nike Landed the Michael Jordan Deal
One of the greatest tales of marketing and sponsorships is perhaps the legendary partnership between Nike and Michael Jordan. In 1984, Jordan was a rookie on his way to the
NIVEA Empowers Child Cancer Survivors with ₦16.4 Million Back-to-School Fund
In a remarkable act of compassion and social responsibility, Beiersdorf Nigeria, makers of NIVEA, has partnered with The Dorcas Cancer Foundation to support child cancer survivors with a ₦16.4 million
Wayfair is Opening its First-Ever Physical Furniture Store
Wayfair, the prominent online retailer specializing in furniture and home furnishings, is poised to make its first venture into physical retail with the opening of its inaugural flagship store next
Nvidia Faces $5.5 Billion Loss as U.S. Tightens AI Chip Export Restrictions to China
Nvidia is bracing for a $5.5 billion hit following new U.S. government restrictions that block the export of its H20 artificial intelligence chips to China - a major development in
Gangs of Lagos: Lagos Govt Lacks Power to Regulate Film Industry – Amazon Tells Court
Entertainment company, Amazon, is seeking the dismissal of a suit against the controversial movie, Gangs of Lagos. It should be recalled that the movie, which was released in April, clearly
