(Brands & Consumers)
In a surprising turn of events, Lamine Yamal, the rising star in international football, may be on the brink of changing his sponsorship allegiance from Nike to Adidas. The young athlete, who has been a prominent figure on and off the field, is reportedly in talks with Adidas, with the German sportswear giant offering an…
Reality TV star and beauty mogul Kim Kardashian has expressed her desire for her children, particularly her daughters, to potentially run her beauty brand in the future. Kardashian, 43, is set to launch a new makeup line under her SKKN BY KIM brand, and she envisions her offspring playing a role in the brand’s future….
After a four-year absence, the immensely popular video game Fortnite is making a comeback to iPhones, thanks to a new EU law aimed at enhancing competition. Epic Games, the developer of Fortnite, will now be permitted to operate its own app store on Apple devices. Presently, iPhone users can only download apps from Apple’s official…
Avon, the renowned beauty company, is facing scrutiny for maintaining business operations in Russia despite the ongoing conflict in Ukraine. The BBC investigation has revealed that Avon is actively recruiting new sales agents in Russia and continuing production in a sizable plant located in the Moscow region. The 137-year-old beauty company, headquartered in the UK,…
MacKenzie Scott, the philanthropist and ex-wife of Amazon founder Jeff Bezos, has reportedly sold nearly 65.3 million Amazon shares in the past year, amounting to a value exceeding $10 billion, as revealed in recent filings. Following her divorce from Jeff Bezos in 2019, Scott emerged as the world’s wealthiest woman, acquiring about 19.7 million Amazon…
Reality TV star and entrepreneur Kim Kardashian has unveiled her latest venture as the brand ambassador for luxury fashion house Balenciaga. The 43-year-old icon shared the news on her social media platforms, expressing her excitement about the partnership and highlighting her longstanding connection with the esteemed fashion brand. In her statement, Kim acknowledged Balenciaga’s influence…
Tesla witnessed a sharp decline in its shares, plummeting by 12% on Thursday and erasing a staggering $80 billion in market value. The dip followed the electric car giant’s cautionary statements about decelerating growth in electric car sales and the looming threat posed by Chinese competitors. Closing at its lowest level since December 2022, Tesla’s…
Apple has announced a significant policy shift that will allow alternative app stores to operate on iPhones purchased in the European Union, starting from March. Currently, Apple users are limited to downloading apps exclusively from the company’s own App Store. This move is in response to regulatory changes, particularly the EU’s Digital Markets Act, which…
A federal judge in Brazil has issued a landmark ruling, instructing mining giants BHP, Vale, and their Samarco joint venture to pay 47.6 billion reais ($9.67 billion) in damages for the catastrophic dam burst in 2015. The collapse of the Fundão dam in the southeastern region of Brazil led to a devastating mudslide that claimed…
In the aftermath of Microsoft’s monumental $69 billion merger deal with Activision-Blizzard, the tech giant’s gaming division is set to lay off nearly 2,000 employees, according to a memo from Xbox chief Phil Spencer. The memo, verified by Microsoft, outlines the company’s intention to reduce its workforce by 1,900 out of the current 22,000 staff…
