The company that owns the characters, Time Warner Inc., on Friday completed a $70-million purchase of Six Flags Theme Parks, the New Jersey company that operates seven parks in the United States, including Six Flags Magic Mountain near Valencia. “We’re really thrilled with the decision,” ...
Inditex owns Zara, the Spanish fashion empire owned by Amancio Ortega. His net worth in 2024 stood at over $110 billion, making him the wealthiest man in Spain. Zara is Inditex’s most important asset, contributing over 70% of the group’s revenues. Inditex generated nearly €36 billion in...
Profit for the period increased from US$89.7 million in 1H23 to US$117.7 in 1H24, a 31.2% increase half-on-half as a result of the factors described above. Profit due to non-controlling interests was US$39.0 million reflecting the profit generated at Juanicipio, where MAG Silver owns 4...
Estée Lauder Companies, which owns Le Labo and Jo Malone London, is partnering with a startup called Exuud that prevents your nose from getting desensitized. DESIGN Sephora is giving its 700 stores a major makeover. Here’s why The beauty retailer’s brick-and-mortar strategy is ambitious—...
Cheap China shopping apps have previously proven that the business model is simply not sustainably profitable. Wish.com was a prominent case study and Shein an aggressive current competitor. TikTok has announced their entry into th...
Dataminr — in which Twitter owns a 5 percent stake — is the only company Twitter allows to see a real-time feed of every tweet on its network and sell that information on to clients. Intelligence agencies reportedly got access to Dataminr’s product when the company received investment fundi...
Elaine M. Ornitz, who owns more than 30% of the partnership that controls the Tustin company, alleged in a lawsuit that “nothing short of a sale” or a massive cash infusion could save the partnership from bankruptcy. The suit, filed Wednesday in Orange County Superior Court in Santa Ana...
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brands' own websites, and we see increasing competition from Shein and Temu and heightened substitution risk from second-hand fashion marketplace Vinted. We had also hoped that Zalando's services for brands, like marketing and fulfilment, would have a positive impact on profitability, but they ...
Practical input shows that employee involvement in change processes is directly related to the speed of strategic change in the company. Keywords: employee job security; implementation of changes; employee involvement; theoretical matrix; modeling