In a bold move aimed at reclaiming market share from emerging contenders in the activewear space, Nike has announced a partnership with Kim Kardashian’s popular intimates brand, Skims. This collaboration is not merely a marketing strategy but a calculated effort to carve out a niche among female consumers, aiming to better compete with established brands
Business
In the aftermath of the global pandemic, biotech companies that once thrived are facing a daunting array of challenges, and Moderna is no exception. In a recent report detailing its fourth quarter of 2024, the company revealed that it experienced a significant drop in profits, culminating in a net loss of $1.12 billion or $2.91
The restaurant industry, often viewed as a barometer of consumer confidence and economic health, is entering 2025 amid a wave of mixed signals. This rollercoaster journey for eateries—characterized by erratic weather patterns, evolving consumer behaviors, and the lingering effects of economic uncertainty—has created a complex landscape to navigate. As the year began, the restaurant sector
For many, the smell of freshly popped popcorn is synonymous with the excitement of attending a movie theater. This beloved snack has been an integral part of the cinema experience for decades, but recent trends suggest that popcorn is evolving into something much greater than just a tasty treat. The humble popcorn bucket has transformed
On Friday, Roku Inc. witnessed a remarkable surge of over 10% in its stock price, reaching a height not seen in the last 52 weeks. This upward trajectory followed the company’s announcement of earnings that exceeded Wall Street’s forecasts. During a revealing interview on CNBC’s “Squawk Box,” CEO Anthony Wood shared the impressive news that
The ongoing discourse surrounding tariffs has significant implications for the U.S. auto industry, particularly concerning its trade relationships with Japan and South Korea. With President Donald Trump considering the possibility of imposing additional tariffs, especially on vehicles imported from these countries, stakeholders within the automotive sector are bracing for potential upheaval. The ramifications could be
In the landscape of peer-to-peer (P2P) payment networks, Zelle has established itself as a formidable player since its inception in 2017. The platform, managed by Early Warning Services (EWS)—a consortium of leading U.S. banks—has achieved a significant milestone by surpassing the monumental threshold of **$1 trillion in total payment volume** in just one year. This
In an era marked by uncertainty for the automotive industry, Stellantis, the parent company of well-known brands like Ram and Jeep, made headlines by securing a Super Bowl 59 ad spot—an unusual choice in a time when many competitors opted out. This decision, spearheaded by Chief Marketing Officer Olivier Francois, reflects both a strategic pivot
In an era where data and analytics dominate decision-making in sports, the story of Brock Purdy, the San Francisco 49ers’ quarterback, serves as a vital case study in talent evaluation. Selected as the final pick of the 2022 NFL Draft, Purdy has upended expectations, leading his team to the Super Bowl within a short span.
The Super Bowl has long been the crown jewel of American sporting events and an advertising phenomenon that brands eagerly anticipate each year. With ad spots commanding prices upwards of $8 million, many advertisers believe the hefty expenditure is justified. As the Philadelphia Eagles and Kansas City Chiefs prepare to clash in Super Bowl 59,