March 5, 2021
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Birkenstock Billionaires Unveiled After German Sandal Maker Agrees To Sell In A $4.7 Billion Deal

The 250-year-old company’s two heirs, brothers Alex and Christian Birkenstock, are worth an estimated $1.7 billion each after relinquishing control of the family-owned business. dpa/picture alliance via Getty Images Two heirs to one of Germany’s best-known footwear brands emerged as billionaires after agreeing to sell a majority stake in closely h...
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Chinese Retail Billionaire Says Now Is The Time To Expand Overseas

Miniso is the purveyor of inexpensive but sleekly designed household goods, such as $2 mascara and $6 headphones. Courtesy of Miniso In the pre-Covid era, Ye Guofu, the founder of Chinese affordable lifestyle retailer Miniso, would spend months overseas scouting out potential new markets. While the pandemic has temporarily paused his trips abroad,...
Business Retail

Does America Need A Fashion Czar?

Share to Facebook Share to Twitter Share to Linkedin Beautiful young mixed race woman carrying American flag and smiling while standing against white ... [+] background getty Current media is buzzing with a novel idea put forward by Dr. Elizabeth Segran in a commentary that was published by Fast Company Magazine, calling for the creation of a ne...
Business Editors' Pick Enterprise Tech Innovation Manufacturing Retail Technology

With E-Commerce Sales Surging, Autonomous Forklift Maker Seegrid Searches For Acquisitions

Seegrid CEO Jim Rock Courtesy of Seegrid Autonomous forklift maker Seegrid is searching for acquisitions to help it keep up with a market that’s been growing fast as manufacturers and retailers scramble to automate their facilities to keep up with the e-commerce demand. “We’re on the hunt now for several,” CEO Jim Rock told Forbes. “We’r...
Business Retail

Gen Z Is Driving Demand For Cottagecore Goods

Share to Facebook Share to Twitter Share to Linkedin The cottagecore aesthetic is all about flowy, floral dresses and a connection to the outdoors. Mississippi Maximalism Floral fabrics. Cozy sweaters. Flowy layers. Muted colors. Ruffles and lace. No, this isn’t the 1980s, or even the shabby chic trend of the early 2000s, but an “anti-stress aes...