K-Way names Marco D’Avanzo head of international business

Translated by Nicola Mira Published July 2, 2025 K-Way has hired an outerwear expert to spearhead the next phase of its international expansion drive. The France-born brand, now owned by Italian group BasicNet, has recently appointed Marco D’Avanzo as chief international business officer. K-way D’Avanzo comes from Canadian high-end outerwear brand Moose Knuckles, which he…

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This tiny encrypted SSD stores 4K videos, secures your secrets, and fits in your palm with no slowdown

OWC’s hardware-level encryption activates instantly without dragging your computer’s performance down during transfers Randomized touchscreen keypad helps block spying eyes and shoulder-surfers trying to steal passwords Encrypted or not, OWS Guardian SSD’s 1000MB/s speed is fast enough for 4K video editing OWC has announced Guardian, a compact portable SSD focused on delivering strong hardware encryption…

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Trump deportations hurt Modelo Constellation beer sales

Bottles of Modelo beer are displayed on a shelf at a BevMo store on January 05, 2024 in San Rafael, California. Justin Sullivan | Getty Images Constellation Brands’ beer sales fell 2% in its latest quarter as President Donald Trump‘s deportations and consumers’ broader economic fears weighed on demand. In April, Constellation CEO Bill Newlands…

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Investors fret on talk of AstraZeneca US move

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are warning that if AstraZeneca left London to list in New York, it would be a loss for the entire market and potentially the UK economy.  Iain Pyle, a fund manager at Aberdeen, said…

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How bad is the Celtics’ talent drain?

The Boston Celtics have endured a significant talent drain since the end of the 2024-25 season. Team president Brad Stevens has traded away veterans Jrue Holiday and Kristaps Porzingis, while backup big man Luke Kornet has left in free agency, and veteran forward Al Horford’s future remains unclear. Stevens has added Anfernee Simons, Josh Minott…

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Giorgio Armani slows in FY2024 with 6% revenue decline

Translated by Nazia BIBI KEENOO Published July 2, 2025 Even Giorgio Armani has felt the effects of the global slowdown in fashion and luxury sales. In FY2024, the Armani Group reported consolidated net revenues of €2.3 billion, down 5% year-over-year at constant exchange rates and 6% at current exchange rates. Revenues from the direct retail…

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Huawei says its new solid-state EV battery can give you 1,800 miles of range and charge in less than 5 minutes, but we have questions

Huawei has filed for patents for a sulfide-based, all-solid-state battery The company theorizes it could unlock up to 3,000km (1,864 miles) of range Ultra-fast charging could top the battery up in under five minutes Huawei is the latest in a growing list of automakers and tech companies that are exploring the possible benefits of fitting…

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