Nike Beats Sales Expectations During Coronavirus Pandemic Due to Rise in Online Shoppers
Footwear

Nike Beats Sales Expectations During Coronavirus Pandemic Due to Rise in Online Shoppers

Digital sales grew by 36% in the third quarter.

Neiman Marcus Reportedly Eyeing Bankruptcy Filing
Fashion

Neiman Marcus Reportedly Eyeing Bankruptcy Filing

The 112-year-old retailer has a $4.3 billion USD debt load.

LVMH Will Not Buy Tiffany & Co. Shares on Open Stock Market
Fashion

LVMH Will Not Buy Tiffany & Co. Shares on Open Stock Market

The $16.2bn USD deal still stands.

Adobe Photoshop and InDesign Now Free for Students
Tech & Gadgets

Adobe Photoshop and InDesign Now Free for Students

Extending help to students who have to class at home.

'Playboy' to End Print Publication After 66 Years
Entertainment

'Playboy' to End Print Publication After 66 Years

“Over the past 66 years, we’ve become far more than a magazine.”

Nike Pledges Over $15 Million USD To Fight Coronavirus
Footwear

Nike Pledges Over $15 Million USD To Fight Coronavirus

Donations will be split between food banks, medical research organizations and more.


Experts Say Nike Could Lose $3.5 Billion USD in Q4 2020 Revenue Due to COVID-19
Fashion

Experts Say Nike Could Lose $3.5 Billion USD in Q4 2020 Revenue Due to COVID-19

Coronavirus has lead to all its U.S. stores shutting.

Adidas Predicts $1 Billion USD Chinese Sales Decline Due to Coronavirus
Footwear

Adidas Predicts $1 Billion USD Chinese Sales Decline Due to Coronavirus

Competitors PUMA and Nike have already faced tanking share prices.

Toki Sen-I Co. Drops $624K USD Lawsuit Against Kanye West's YEEZY Label
Fashion

Toki Sen-I Co. Drops $624K USD Lawsuit Against Kanye West's YEEZY Label

‘Ye was previously accused of not paying for 53,500 yards of textiles.

Bill Gates to Donate $50 Million USD for Coronavirus Treatments
Tech & Gadgets

Bill Gates to Donate $50 Million USD for Coronavirus Treatments

With the goal of developing a globally accessible vaccine.

New York Power Plant Makes $45,000 USD Mining Bitcoins
Tech & Gadgets

New York Power Plant Makes $45,000 USD Mining Bitcoins

Using excess energy to power 7,000 miners.

Global Textile & Apparel Sectors Taking $1.5B USD Loss Due to Coronavirus
Fashion

Global Textile & Apparel Sectors Taking $1.5B USD Loss Due to Coronavirus

With the estimated impact on total exports in global value chains at $50 billion.

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