U.S. Department stores are back in fashion showing strong Q1 financial results. Brands and discounters are suddenly facing a tougher market

  “We saw a notable shift back to occasion-based apparel and in-store shopping, as well as continued strength in sales of luxury goods.” – Jeff Gennette, chairman and CEO, Macy’s.   Nordstrom (USA) reported net earnings reached USD 20 million for the quarter ended April 30, compared to a loss of USD 166 million a … More U.S. Department stores are back in fashion showing strong Q1 financial results. Brands and discounters are suddenly facing a tougher market

Moonlight Technologies launches sustainable plant-based technologies

  New York-based, Moonlight Technologies, has launched five new plant-based technologies that, according to the firm, strengthen its fundamental objective of harnessing nature’s power to make the world more sustainable, safer, and healthier through plant-based innovation. EcoArmor, InsectProof, MindfullyClean, OdorSafe, and Natural Dyes are among the new innovations. Each is distinct in that it is … More Moonlight Technologies launches sustainable plant-based technologies

Pakistan’s Soorty announces solar and wind power projects

  Soorty, Pakistan’s largest vertically integrated denim firm, has announced a 6.26 MW captive Solar Power Project as well as a 750 kW/369 kWh Reflex Energy Storage System (solar hybrid controller). The project is spread out throughout Nooriabad and Landhi. Soorty will become Pakistan’s second facility to house an energy storage solution as a result … More Pakistan’s Soorty announces solar and wind power projects

SNS partners with Bleckmann to boost sustainability

  SNS, also known as Sneakersnstuff, has teamed up with Bleckmann to provide clients with “outstanding” logistical service. SNS began as a little boutique in Södermalm, Stockholm, in 1999 and has now grown to become a global brand with outlets in New York, Los Angeles, Tokyo, London, Paris, and Berlin. Bleckmann will manage all SNS … More SNS partners with Bleckmann to boost sustainability

Bold Metrics Inc raises USD 8 million in Series A funding

  San Francisco-based, Bold Metrics Inc., an AI-first SaaS company that helps businesses harness the potential of body data, has raised USD 8 million in Series A funding. The fresh fundraising round, led by Bessemer Venture Partners with Lytical Ventures, ValueStream Ventures, and Nanban Ventures joining in, bringing the company’s total capital to USD 12.3 … More Bold Metrics Inc raises USD 8 million in Series A funding