Dubai-based developer Hussain Sajwani, chairman of Damac Properties, is reportedly exploring the sale of Italian luxury fashion house Roberto Cavalli. The potential divestment comes less than five years after Sajwani, through his private investment company Vision Investments, acquired the struggling brand in November 2019, rescuing it from bankruptcy. The news, initially reported by the fashion…
June 2025 has emerged as a notable month for the fashion and luxury retail sectors, marked by a series of significant launches spanning designer collections, high-end confectionery, and mainstream collaborations. These debuts highlight evolving trends in seasonal wear, luxury retail experiences, and the strategic merging of creative forces across different segments of the industry. Silvia…
The week concluding June 29, 2025, proved pivotal for the global technology sector, marked by significant strategic shifts from industry behemoths and notable product movements from rising players. From Google’s deepened commitment to artificial intelligence impacting internal structures and product roadmaps, to an uncharacteristic service disruption affecting millions of Apple users worldwide, and OnePlus’s strategic…
A key component of Microsoft’s strategy to power its artificial intelligence ambitions and reduce reliance on external silicon providers has reportedly encountered a significant setback. The company’s next-generation custom AI chip, code-named Braga, is facing a delay of at least six months in its mass production timeline, according to a recent report. Production Timeline Shifted…
June 2025 marks a period of striking contrasts and unexpected fusions within the global fashion landscape. This month’s trends reveal a dynamic interplay between the ethereal and the unconventional, the timeless and the technically innovative. From delicate, sustainable garments to practical, brand-driven apparel and even conceptual footwear inspired by utility vehicles, the sartorial narrative is…
Paris, France — Dover Street Market (DSM), the globally acclaimed fashion concept store renowned for its curated selection of avant-garde and established designers, has taken a significant evolutionary step, officially unveiling its inaugural in-house label. Simply named DSM, the brand’s debut collection was introduced during the prestigious Paris Men’s Fashion Week Spring/Summer 2026 calendar. The…
Brussels, Belgium – Apple has implemented significant modifications to its App Store rules and fee structure within the European Union, acting in response to directives issued by the bloc’s powerful antitrust regulators under the Digital Markets Act (DMA). The tech giant’s move comes after regulators mandated the removal of commercial barriers that previously prevented developers…
BEVERLY HILLS, California — A floral dress once cherished by the late Diana, Princess of Wales, sold for a remarkable US$520,000 at auction on Thursday, headlining a multimillion-dollar sale of over 100 items from her personal collection. The auction, officially titled “Princess Diana’s Style & A Royal Collection,” was hosted by Julien’s Auctions at The…
A new report from Carbon Market Watch indicates that while major players in the global fashion industry are implementing some climate strategies, their collective efforts fall significantly short of the targets required to align with the goals of the Paris Agreement. Released on June 26, a key section of the 2025 Corporate Climate Responsibility Monitor…
Beijing, China — Chinese researchers have announced a significant leap in computing technology, unveiling what they describe as the first highly parallel optical computing integrated chip, named “Meteor-1.” This development emerges amidst escalating global competition in advanced semiconductors and follows stringent US export controls that have effectively blocked the sale of high-end chips, including Nvidia’s…
