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It is becoming harder to succeed as an independent luxury brand. Ideally, Burberry’s talented new designer and the weak pound can tempt an overseas buyer.
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John Miller has been writing about science, gaming, and tech culture for over a decade. He’s a top-rated reviewer with extensive experience helping people find the best deals on tech and more.
[ad_1] NEW DELHI : Large conglomerates are finding it easier to buy out direct-to-consumer (D2C) brands amid a funding crunch for unprofitable startups. The trend has been rising over the last few years and will sharpen in 2023, especially for startups requiring capital to survive, investment bankers and investors said. “Large, traditional companies are realizing […]
[ad_1] Microsoft Corp. held its ground, ranking No. 1 in this measure of the best-run companies in the U.S. for the third straight year. But unlike last year, when tech companies took the first five spots in the ranking, this year’s top five include General Motors Co. at No. 4 and Whirlpool Corp. at No. […]
[ad_1] Higher average room rates (ARR) and hotel room occupancy will lift profitability of the domestic hotel industry, with Ebitda margins likely to increase to around 34% this fiscal against the 24% growth seen in FY20, the pre-pandemic year, according to Crisil Ratings. Ebitda is earnings before interest, taxes, depreciation, and amortization. Revenue will also […]