OpenAI claims the new ChatGPT agent can run your errands, build your slides, and make you look like you have your life together
OpenAI has introduced a new tool called ChatGPT agent for handling online tasks autonomously ChatGPT…
Ozempic, Wegovy and Mounjaro makes food taste sweeter and saltier, and that may quiet cravings
New research being presented at the Annual Meeting of the European Association for the Study of Diabetes (EASD) in Vienna, Austria (September 15-19) shows that some individuals who are taking Ozempic, Wegovy or Mounjaro find that foods taste sweeter or saltier than before. About one in five of those participating in the real-word study, published in…
Los Angeles Apparel opens first New York flagship in SoHo
Published September 16, 2025 Los Angeles Apparel, the fashion brand founded by American Apparel creator Dov Charney, has opened its first-ever stand alone New York City flagship store. Los Angeles Apparel opens first New York flagship in SoHo. – Los Angeles Apparel The nearly 25,000-square-foot lease at 480 Broadway in SoHo is characterized by the…
Trump says US has a buyer for TikTok
By Reuters Published September 16, 2025 President Donald Trump on Tuesday announced an agreement between the U.S. and China to keep TikTok operating in the United States, with three sources familiar with the matter saying the deal was similar to one discussed earlier this year. Tiktok – Reuters The agreement requires TikTok’s American assets to be transferred…
Billionaire Ortega to buy Miami Design District’s Atlas Plaza
By Bloomberg Published September 17, 2025 Billionaire Amancio Ortega’s investment firm is in contract to buy a luxury retail center in Miami’s Design District. Bloomberg Ortega’s family office, Pontegadea, agreed to buy Miami’s Atlas Plaza for more than $105 million from owners Tricap, RFR Holding and Commerz Real AG, according to people familiar with the…
Luxury: mergers and acquisitions slow in 2024 but still appeal to investment funds, says Deloitte
Published September 17, 2025 After the post-Covid recovery, mergers and acquisitions in the fashion and high-end sectors have slowed over the past two years. Even so, despite the economic climate, the sector continues to attract nine out of ten investors in 2025, although most are concerned about customs duties. These are the findings of Deloitte‘s…
In Paris, Europe’s fashion industry closes ranks against ultra-fast fashion
Published September 17, 2025 A rare group photo. Some twenty* representatives of Europe’s textile and clothing sectors met in Paris on September 16 to sign a declaration committing their various bodies to a joint fight against ultra-fast fashion, and calling on national and European authorities to take action in the face of competition from Shein…
US retail sales increase strongly; softening labor market a headwind
By Reuters Published September 16, 2025 U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to continued strength in spending. Reuters The third straight month of solid gains in sales…
US Tech Giants Race to Spend Billions in UK AI Push
Microsoft and Nvidia have unveiled plans to invest up to $45 billion dollars into the UK economy, in a move that will bolster the building of more data centers as well as research and development into artificial intelligence. The investment comes as US president Donald Trump travels to Britain, where he is expected to announce…
Uniqlo founder Yanai says US may suffer most from tariffs
By Reuters Published September 16, 2025 The Japanese founder of fashion brand Uniqlo said on Monday the U.S. may bear the highest price from the impact of tariffs on global trade. Uniqlo Tadashi Yanai, Japan’s richest man and the chief executive of Uniqlo operator Fast Retailing has been outspoken on the potential economic damage from wide-ranging tariffs…
Pimkie partners with Shein to grow online business
Translated by Nicola Mira Published September 16, 2025 In spring, when Shein’s French subsidiary announced it was setting up a programme to support French designers and brands, by putting at their disposal some of the Singapore-based Chinese fast-fashion giant’s assets, many wondered which type of player would be willing to join forces with a highly…
