Industries

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Photo by Harrison Keely via CC BY 4.0

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read

Photo by Dima Pechurin via Unsplash

Consumer

Luxury Brands Can’t Bank on China Anymore

Gucci’s parent company expects sales to slump by 10%, largely due to a downturn in Chinese demand.

2 min read
Photo by Hybrid Storytellers via Unsplash

Consumer

Unilever Jettisons Iconic Ice Cream Brands

The international consumer giant has decided that an entire ice cream portfolio has just become too costly.

1 min read
Photo by C B via Unsplash

Autos

Bentley’s Profit Buoyed by Customized Cars

The British car maker said seven out of 10 customers spent more than $43,000 on customizing their new rides.

2 min read

Media & Entertainment

Scary Movie ’25? Trump Threatens Tariffs on Foreign Films

Photo by Getty Images via Unsplash

President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by EKSRX via CC BY 2.0 and Upklyak via Freepik

Geopolitics

My Kingdom for a Sport: Saudi Arabia Goes All in on Athletics

Why is Saudi Arabia spending a king’s ransom on sports? The Middle East powerhouse doesn’t care if you call it sportswashing.

6 min read
Photo by Flickr via CC BY 1.0

Energy

Shell Backtracks Again on Climate Targets

The energy titan has extended the timeline for its plan to reduce its “carbon intensity.”

2 min read
Photo by Andreas Gücklhorn via Unsplash

Energy

Cheap Chinese Solar Panels Are Flooding the US Market

Despite tariffs, the US imported a record number of panels through November of last year.

2 min read

Technology

Grand Theft Auto VI Delay Steals the Thrills From Video Game Industry

Photo by Alena Darmel via Pexels

The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.

2 min read

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

Photo by Eric Prouzet via Unsplash

Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 min read

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