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...Pollock, chief executive of Brookfield’s infrastructure investment arm, told the Financial Times that he believes a “deglobalising” world, where large companies are bringing production closer to home and sourcing...
...The US group reported a profit before tax of $6.2bn for the year to May....
...“They are a necessity for the GPUs used in data centres and AI training, so it is necessary to buy them even if they are more expensive,” a sourcing agent told the Financial Times....
...Tin, tungsten and tantalum are critical in the manufacturing of smartphones and Apple’s sourcing of the minerals has long been under scrutiny....
...The company was one of a number surveyed that disclosed no relevant supplier or sourcing data....
...Earnings forecast upgrades are meek, at least relative to its peer group. Among the Mag7, only Tesla (whose shares are down 20 per cent so far this year) has weaker EPS momentum than Apple: 3....
...Jacobs describes himself as a “Bitcoiner” on X and is the co-founder of FOMO21, a bitcoin apparel and merchandise shop....
...Flutter proposes moving listing from UK to New York (FT) Arc’teryx apparel maker Amer Sports considers IPO price below range (FT) Private equity firm McWin buys €80mn restaurant group Sticks’n’Sushi (...
...Nimmo has led the struggling KPMG spinout since its 2021 sale to Miami-based private equity group HIG Capital....
...Apple is Broadcom’s largest customer, accounting for about 20 per cent of the chip group’s annual sales last year....
...in Africa (FT) Arc’teryx apparel maker Amer Sports raises less than hoped in IPO (FT) Deutsche Bank pledges to boost dividend and cut jobs (FT) BNP Paribas shares fall after downgrade to profit target...
...The rise was down to new demand and not simply higher prices, and in fact its estimate would have been even higher if the figure was adjusted for inflation, the data group said....
...Her group is seeking a minimum wage of Tk25,000 and has continued protesting as it calls on the government to re-evaluate the new rate....
...Shelly Cove, an apparel company in North Carolina, laid off its four-person marketing team last month when its cash reserves dried up and it realised spending more money on Facebook ads would not ramp up...
...The group’s stock fell 36 per cent last year as a slowdown in discretionary spending weighed on sales and profit....
...Elsewhere in private equity, the Blackstone Group has raised $1.3bn for a fund tailored to wealthy individual clients, signalling a revival of momentum in its efforts to reach investors beyond its base of...
...Companies that focus their marketing around sustainable sourcing have grown rapidly....
...A version of this article was first published on November 1 by Nikkei Asia. ©2023 Nikkei Inc....
...Sourcing viral products from TikTok content is especially popular. Moreover, TikTok’s recommendation algorithm matches videos to user interests....
...Returns also come from padel apparel and at some point club memberships. Others, like Game4Padel, have a different approach....
...A record 313,000 electric vehicles were sold in the US in the third quarter, according to data group Cox Automotive....
...Tapestry said the acquisition would expand its portfolio in the “$200bn+ global luxury market for handbags, accessories, footwear and apparel”....
...Earthjustice, an environmental law group, named it as a lobbying issue last year, according to US Senate disclosure filings....
...A version of this article was first published by Nikkei Asia on September 28. ©2023 Nikkei Inc. All rights reserved....
...This article has been updated to clarify that Higg Inc has rebranded as Worldly, not the Higg Index as incorrectly stated in a previous version. ...
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