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UK clothing brand loved by celebs plunges into liquidation

UK clothing brand loved by celebs plunges into liquidation The streetwear brand founded over 21 years ago has plunged into administration after making millions in profit during the pandemic and being worn by celebrities A UK fashion brand, worn by the likes of Rihanna, has collapsed into administration after generating millions in profit in recent years. Trapstar, founded in 2005, was loved by many celebs, with Stormzy also being seen in some of the brand's clothing.

Daily Mirror 10d ago

'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT

Five years ago, venture capitalists were pouring money into American startups selling everything from lingerie subscriptions to scheduling software, anointing them with billion-dollar valuations before most even turned a profit. It was a frothy era for startups, fueled by a combination of cheap money and pandemic-boosted demand. But even after the Federal Reserve took some froth off by starting to raise interest rates in 2022, many founders believed that they could grow into their inflated...

CNBC 8d ago

Spain’s new legacy: Rooted in place, built on craft

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Channel News Asia 2d ago

I Think Rutger Bregman and the School for Moral Ambition Are Full of Shit

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Hacker News 16h ago

How Indian immigrants have fueled billion-dollar startups in America over the years

American startups founded by immigrants are creating an average of 833 jobs per company and are collectively worth nearly $5 trillion, according to a new report by the National Foundation for American Policy (NFAP). Indian immigrants, the report says, have emerged as the largest contributor to this success story, founding or co-founding more billion-dollar startups in the United States than immigrants from any other country. “The research indicates that more open immigration policies will...

Times of India 5d ago

Major UK fashion brand, discount site and cycling store fall into administration — full list

Major UK fashion brand, discount site and cycling store fall into administration — full list Popular UK businesses have collapsed this week A number of major UK businesses have collapsed into administration over the past week. Among the businesses affected is a huge UK fashion brand and a cycling store.

Daily Mirror 3d ago