By Bloomberg Published Aug 29, 2024 Asics Corp. is shutting down its baseball equipment business as it focuses on sneakers that have become a cult favorite in Japan and overseas. Asics The Kobe-based owner of the Onitsuka Tiger brand will stop selling gloves, bats and other gear in late September 2025, a company spokesperson said [...]read moreAsics to exit baseball business to focus on cult hit sneakers
Translated by Nicola Mira Published Aug 28, 2024 On Tuesday, Chinese e-commerce specialist JD.com stated that its board of directors has approved a new share buyback plan worth $5 billion (€4.48 billion) starting in September, designed to enable the Chinese e-tail giant to buy back a sizeable share of its capital over the next 36 [...]read moreJD.com announces share buyback programme in response to Walmart’s exit plans
Much of the ‘noise’ around Superdry in recent periods has been its ongoing restructuring process. But with that reaching a major milestone as of Monday, the company is ready to move on and its first key move is a major fragrance duo launch. First, that milestone. Superdry said on Friday that its delisting from the [...]read moreSuperdry enters new era with stock exchange exit and fragrance entry
Jeff Banks has been ousted from the board of Vivienne Westwood in a high-level ‘coup’ that has seen him on the opposite side of a tussle for control with her husband/Westwood creative director Andreas Kronthaler and the firm’s CEO Carlo D’Amario. See catwalkVivienne Westwood – Spring-Summer2018 – Womenswear – France – Paris – ©Launchmetrics/spotlight Banks [...]read moreVivienne Westwood boardroom upheaval sees Jeff banks exit
By Bloomberg Published Jun 14, 2024 Richemont’s luxury e-commerce platform Yoox Net-A-Porter is pulling out of China, as weak consumer spending puts increasing strain on high-end brands’ operations in the world’s second-largest economy. Net-A-Porter The digital retailer known as YNAP plans to focus investments and resources on its core and more profitable geographies, a Richemont [...]read moreRichemont’s Online Luxury Retailer Net-A-Porter to Exit China
EXIT Realty Corp. International and Earnnest, a digital app that handles earnest money collections, announced a partnership on Tuesday that is designed to create more seamless and secure real estate transactions. The Earnnest platform offers a user-friendly and fully digital fund transfer process for home purchase transactions. It is designed to enhance transparency for all [...]read moreEXIT Realty partners with earnest money collection platform
The firm plans to rid itself of $4 billion in debt through $450 million in financing and ignores founder Adam Neumann’s bid to buy back the company. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be [...]read moreWeWork Floats Bankruptcy Exit Deal, Without Adam Neumann
Amazon may be scaling back its AI-powered Just Walk Out checkout-free tech in its stores in favor of smart shopping carts, but Walmart-owned Sam’s Club says it’s turning to AI to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club [...]read moreSam’s Club’s AI-powered exit tech reaches 20% of stores
Zach and Tori Roloff have officially stepped away from their family’s reality show, Little People, Big World, after 25 seasons. Zach, the 33-year-old son of Amy Roloff and Matt Roloff, has been with the show since it began in 2006. On Tuesday, the TLC series celebrated another season finale, which also marked Zach and Tori’s [...]read more‘Little People, Big World’: Zach Roloff and Tori Roloff Exit the Show After 25 Seasons
Kyle Richards has no doubt Crystal Kung Minkoff will enjoy her time out of the spotlight. Richards appeared on Amazon Live on Wednesday and took questions from fans — one of which asked how she felt about Minkoff’s decision to leave The Real Housewives of Beverly Hills. “It made me sad, of course… [but] I [...]read moreKyle Richards on Crystal Kung Minkoff’s ‘Real Housewives of Beverly Hills’ Exit and Her Own Future on the Show