The News In Brief
Apple Reportedly Cuts Production of Vision Pro Headset After Poor Sales
The company had hoped the virtual reality device would herald a new era in ‘spatial computing’.
Apple Reportedly Cuts Production of Vision Pro Headset After Poor Sales
The company had hoped the virtual reality device would herald a new era in ‘spatial computing’.
Saks Global Prepares for Bankruptcy After Missing Debt Payment
The retailer is in talks with its creditors to secure financing after missing a debt payment tied to its Neiman Marcus acquisition, as reported by The Wall Street Journal.
Saks Global Prepares for Bankruptcy After Missing Debt Payment
The retailer is in talks with its creditors to secure financing after missing a debt payment tied to its Neiman Marcus acquisition, as reported by The Wall Street Journal.
Saks Skips Bond Payment Amid Talks With Creditors
The cash-strapped retailer missed an interest payment to bondholders totaling more than $100 million.
Saks Skips Bond Payment Amid Talks With Creditors
The cash-strapped retailer missed an interest payment to bondholders totaling more than $100 million.
Jacqueline de Ribes, ‘Last Queen of Paris,’ Has Died
The French aristocrat, designer and muse to Yves Saint Laurent and Valentino Garavani was an enduring symbol of Parisian sophistication and elegance.
Jacqueline de Ribes, ‘Last Queen of Paris,’ Has Died
The French aristocrat, designer and muse to Yves Saint Laurent and Valentino Garavani was an enduring symbol of Parisian sophistication and elegance.
LK Bennett Files to Appoint Administrators
The fashion brand appears to be heading for collapse for the second time in six years after filing an application with the high court on Tuesday to appoint an administrator to the business.
LK Bennett Files to Appoint Administrators
The fashion brand appears to be heading for collapse for the second time in six years after filing an application with the high court on Tuesday to appoint an administrator to the business.
China Unveils Initial $9 Billion in Consumer Subsidies for 2026
China will provide nearly $9 billion to subsidise its consumer goods trade-in drive next year, extending a stimulus program aimed at shoring up domestic demand and countering external headwinds.
China Unveils Initial $9 Billion in Consumer Subsidies for 2026
China will provide nearly $9 billion to subsidise its consumer goods trade-in drive next year, extending a stimulus program aimed at shoring up domestic demand and countering external headwinds.
Fast Fashion, Delivery Apps Tap India’s Next Billion Consumers
Cheap data, new logistics and mobile-first platforms are expanding consumption far beyond India’s urban elite.
Fast Fashion, Delivery Apps Tap India’s Next Billion Consumers
Cheap data, new logistics and mobile-first platforms are expanding consumption far beyond India’s urban elite.
Lululemon Founder Nominates Three New Board Candidates
The athletic brand’s founder Chip Wilson is pushing for changes to the board before the company selects a new chief executive officer.
Lululemon Founder Nominates Three New Board Candidates
The athletic brand’s founder Chip Wilson is pushing for changes to the board before the company selects a new chief executive officer.
Anastasia Beverly Hills Owner Injects $225 Million Into Brand
Anastasia Soare invested her own money into Anastasia Beverly Hills after private equity firm TPG cut its stake in the brand.
Anastasia Beverly Hills Owner Injects $225 Million Into Brand
Anastasia Soare invested her own money into Anastasia Beverly Hills after private equity firm TPG cut its stake in the brand.
Nike Climbs as Apple’s Tim Cook Buys $3 Million in Stock
The athletic brand’s shares ticked up 2 percent in premarket trading on Wednesday.
Nike Climbs as Apple’s Tim Cook Buys $3 Million in Stock
The athletic brand’s shares ticked up 2 percent in premarket trading on Wednesday.
Visa and Mastercard Report 4% Growth in US Holiday Retail Sales
Many shoppers relied on artificial intelligence tools to discover and compare prices so that they could stretch discretionary budgets, Visa's chief economist said in a statement.
Visa and Mastercard Report 4% Growth in US Holiday Retail Sales
Many shoppers relied on artificial intelligence tools to discover and compare prices so that they could stretch discretionary budgets, Visa's chief economist said in a statement.
FDA Approves First GLP-1 Weight Loss Pill
Novo Nordisk’s Wegovy pill, the first weight-loss drug to win approval from the agency, is expected to launch in the US in early 2026.
FDA Approves First GLP-1 Weight Loss Pill
Novo Nordisk’s Wegovy pill, the first weight-loss drug to win approval from the agency, is expected to launch in the US in early 2026.