Luxury goods brands need to work on margin protection – report
The world’s top luxury good firms are seeing sliding margins with some now loss-making as a result, a new study from Inverto (part of Boston Consulting Group) shows. Read More
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Very gets new funding deal from Carlyle, reduces debt
E-tail giant The Very Group has secured a key financial deal with a £150 million revolving credit facility extended to February 2030. Read More
Clarks grows in walking category, key launches become bestsellers with more to come this year
UK footwear giant Clarks said Monday that it’s speeding up its expansion into performance walking footwear, broadening its athleisure portfolio “following strong growth across its Pace and Solevana ranges”. Read More
Circulose restarts commercial-scale production at Swedish plant after getting confirmed deals
Circulose is prepping commercial-scale production at its Ortviken Plant in Sundsvall, Sweden, with the sustain-tech firm saying it marks “a significant step in scaling next-generation materials for global fashion”. Read More
In South Texas, the GOP immigration hard line is now political kryptonite
Backlash to President Donald Trump’s immigration crackdown is putting vulnerable Republicans in a tough spot, forcing them to shift their tone to appease frustrated Hispanic voters — or risk losing key battleground seats. It’s a delicate pivot for Republicans in South Texas, who spent years taking a hardline approach on immigration and flipped historically blue…
DHS watchdog warns shutdown could imperil immigration enforcement oversight
The partial government shutdown that went into effect Saturday is throwing the fate of oversight at the Department of Homeland Security into peril, with the department’s independent watchdog warning a lapse in funding could jeopardize several ongoing investigations. DHS’s inspector general currently has eight active probes into the Trump administration’s nationwide immigration crackdown, including reviews…
Michael Jordan’s 23XI Racing Gets Daytona 500 Win; MJ Talks NASCAR Relationship
Just over two months after Michael Jordan’s 23XI Racing settled a major lawsuit against NASCAR, the sports icon is happy with what came out of the 15-month-long process. He’ll be even happier with the result of Sunday’s Daytona 500. Jordan’s team got its first win at Daytona with the No. 45 car, as Tyler Reddick…
Chase Elliott After Nearly Winning 2026 Daytona 500: ‘This really sucks’
Chase Elliott could see the finish line of the 2026 Daytona 500. He was running up front and feet away from taking his first checkered flag in The Great American Race on Sunday. He was in perfect position — until he wasn’t. When the white flag flew signaling the last lap of the NASCAR Cup…
Daytona 500 Recap: Tyler Reddick Gives Michael Jordan, 23XI Monumental Win
Tyler Reddick led the 2026 Daytona 500 for just one lap, and that was all he needed to claim victory in the “Great American Race.” The No. 45 car was able to outlast some chaos on the final lap, which saw leader Carson Hocevar get knocked out of the leader’s spot when a crash occurred….
Bubba Wallace Crushed After ‘Best’ Daytona 500, Still Celebrates Tyler Reddick
Bubba Wallace stood next to his No. 23 23XI Racing Toyota on the frontstretch of Daytona International Speedway with his hands on his hips and a blank stare on his face. He didn’t move, didn’t talk to anyone for a few minutes. He looked devastated. And maybe a bit conflicted. His teammate, Tyler Reddick, won…