Hints and tips:
...Most Gen Xers have 401k plan balances that are woefully inadequate to fund a long retirement....
...However, ad executives say such large-scale events are becoming less essential for many brands, which see the chance to target Gen Z audiences via TikTok or Instagram as more significant than the traditional...
...The company has emerged as a fast-fashion powerhouse based on its model of making thousands of clothing styles in China and air-shipping them to Gen Z shoppers in the US and Europe....
...China’s best-known tech group lost its way (FT) Smartphone makers bet on foldables to revive lacklustre market (FT) Alibaba-backed lidar maker RoboSense dips in Hong Kong debut (Nikkei Asia) SoftBank’s Gen...
...“It is about black Britain and what it is to be working class,” he says of his Converge gilet, for example, which was acquired by the V&A for its collection in 2021. “It is descriptive of urban life....
...Amazon is investing $115mn in exchange for a minority stake in the television networks that screen some of America’s biggest sports....
...And within America, it was New York that doubled down on its status as the luxury capital of the world....
...In 2022, these funds raked in a net $10.9bn in North America, up from what had been a record $4.1bn the previous year, according to data from FactSet....
...That’s the target of Valuable 500’s “Gen V” mentoring scheme, which pairs a senior executive with a young disabled employee....
...It has also struck up partnerships with verification agencies such as the Gemological Institute of America, which assesses the authenticity of designer jewellery....
...But chief business officer Jeremi Gorman and Peter Naylor, vice-president of ad sales for the Americas, are leaving as part of the shake-up....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...The World of Work Flexible and hybrid work offers are now expected as standard by Gen Z staff, writes careers expert Jonathan Black....
...I quickly added Rebecca Roanhorse’s Between Earth and Sky fantasy series, inspired by the civilisations of pre-Columbian America, and Matt Haig’s The Midnight Library to my book-buying list....
...NFTs will reach a tipping point By 2025, Gen Z will account for more than one in five luxury purchases, according to Bain....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Alibaba challenged by Gen TikTokTech doesn’t always need a regulator to disrupt it....
...The San Francisco-based start-up is looking to list its stock as part of what it called a “sustainable” initial public offering, led by bankers at Morgan Stanley, JPMorgan and Bank of America....
...“Millennials care about the quality of product, but Gen Z care about cultural credibility, so what is the brand’s perceived value, the emotional connection to a brand....
...The V&A’s London press view last week for its exhibition Alice: Curiouser and Curiouser was its first foray into virtual reality and it is one of several museums investigating whether VR could offer vital...
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...The top US diplomat warned America was “falling behind” in the green economy....
...Automation an automatic choiceJapan Inc has found a new purpose for automation: business continuity in the uncertain era of Covid-19....
...This doesn’t mean we are in the midst of a V-shaped recovery, however....
...Bank of America has promoted Murad Khaled to head of Europe, Middle East and Africa leveraged finance capital markets....
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