AI toys say the darnedest things, according to the independent experts who test them for safety. When researchers from Common Sense Media tried out the popular AI toys Miko 3, Grem, and Bondu, they documented the concerning results in a report published Thursday. Bondu, a plush dinosaur powered by AI, apparently insisted to a tester…
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Burberry delivered a Q3 trading update on Wednesday in which it said it “continued to build momentum”. The numbers were generally positive, while not spectacular, but were clear evidence of the turnaround continuing. Read More
JD Sports has faced some struggles in recent periods but in its Q4 update on Wednesday it said it saw “resilient” peak trading but a tough consumer backdrop and expects full-year profit to be in line with expectations. Read More
South Africa’s $4 billion beauty market is fast becoming a key battleground for retailers grappling with a sluggish economy, weak consumer confidence, and intensifying competition. Read More
Louis Vuitton has renewed its commitment to the America’s Cup, and will once again serve as title partner of the 38th edition of the sailing competition, set to take place in Naples in 2027. Read More
Platinum Equity is considering options for lingerie and swimwear maker Hop Lun, including a possible sale, according to people familiar with the matter. Read More
After unveiling its plans for an industrial textile recycling facility in the Netherlands, Reju has now announced its intention to establish a site in New York State, US. Read More
The project and its guest designers will be at Fondazione Sozzani on January 27 and 28 for an edition devoted to the future of sustainable denim and to water management in the textile industry. Read More
Global asset management firm GoldenTree will buy a chunk of a $1 billion bankruptcy financing for luxury retailer Saks Global, Bloomberg News reported on Tuesday, citing people familiar with the matter. Read More
