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Kering Expects Revenue Drop on Lower Gucci Sales

The French luxury giant said it expects a revenue decline of about 10% from last year’s first quarter, when group revenue was €5.01 billion. The French luxury giant said it expects a revenue decline of about 10% from last year’s first quarter, when group revenue was €5.01 billion. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…

Gildan Activewear to Consider Potential Bids

Canadian clothing maker is considering its options after receiving expressions of interest from several potential buyers. Canadian clothing maker is considering its options after receiving expressions of interest from several potential buyers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Angela Chao was intoxicated during Tesla accident in Texas

Foremost Group CEO Angela Chao was intoxicated last month when she accidentally drove her Tesla X SUV in reverse over a wall into a pond on the Texas ranch she owned with her husband, billionaire venture capitalist Jim Breyer, according to a police report released Wednesday.Chao drowned after friends and rescue workers tried without success to get the 50-year-old shipping executive out of the submerged vehicle.That desperate effort is detailed in the new report, which concluded she died from an "unfortunate accident."A…

Microsoft Hires DeepMind Co-Founder to Lead Consumer AI Unit

Mustafa Suleyman is well-known leader and entrepreneur in artificial intelligence. Mustafa Suleyman is well-known leader and entrepreneur in artificial intelligence. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us…

Chipotle Board Approves 50-for-1 Stock Split

The move, if shareholders approve, would be the first stock split in the restaurant chain’s 30-year history. The move, if shareholders approve, would be the first stock split in the restaurant chain’s 30-year history. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If…

Lonza to Boost Biologics Sales With Manufacturing Facility Buy

Lonza agreed to buy a manufacturing facility in the U.S. from Roche for around $1.2 billion in cash as it seeks to grow its biologics division. Lonza agreed to buy a manufacturing facility in the U.S. from Roche for around $1.2 billion in cash as it seeks to grow its biologics division. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Luxury Stocks Hit by Kering Warning

Shares in European luxury stocks fell after Kering warned of weaker first-quarter revenue due to a steep sales drop at Gucci, raising concerns about demand in Asia-Pacific. Shares in European luxury stocks fell after Kering warned of weaker first-quarter revenue due to a steep sales drop at Gucci, raising concerns about demand in Asia-Pacific. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the…

Littleton City Council bans retail sale of cats and dogs

Littleton recently passed a law banning the retail sale of cats and dogs, joining fifteen other Colorado cities in a bid to decrease commercial breeding operations, according to the Best Friends group. The ordinance, which passed the Littleton City Council with a unanimous vote on March 5, was first introduced in January and follows a slew of similar attempts to increase animal welfare in Colorado after the state’s “puppy mill” bill, or Humane Pet Act, failed to pass in 2020. The bill would have established standards for…

Access Bank moves to buy National Bank of Kenya

Access Bank has signed a pact with Nairobi-headquartered National Bank of Kenya, setting the flagship subsidiary of Nigeria’s largest lender up for the ownership of the company, which has been in business since 1968. The target bank was formerly controlled by the Kenyan Government but is now owned by KCB Group Plc, the parent of the country’s biggest commercial lender. The deal is the first to be announced since the passing away last month of Herbert Wigwe, the erstwhile CEO of Access Bank’s parent company Access…

Bankrupt nutrition app $32M in debt as ex-employees sue for salaries

The company behind a phone app for determining a food’s nutritional value has amassed $32 million in debt and still owes back pay to two dozen ex-employees as it shuts down. Opsis Health, of Highlands Ranch, filed for Chapter 7 bankruptcy March 15, less than one year after it launched Plateful, the company’s signature phone app. Chapter 7 requires a company to liquidate its assets and distribute them among those it owes money to. Plateful allows users to scan 1 million foods, then assigns those foods both a nutritional…