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Bain - Global Luxury Goods Market Seen Growing 21% in 2022 to 1.4 Trillion Euros

Global luxury goods market takes 2022 leap forward and remains poised for further growth despite economic turbulence.The US and Europe are still leading while new luxury markets are emerging. In 2022, the luxury market generated positive growth for 95% of brands.The global luxury market is projected to grow by 21% in 2022, reaching €1.4 trillion; the personal luxury goods market is expected to...

Where the Next 1,000 Babies Will Be Born

Every four minutes, there are an estimated 1,000 births on Earth. But where are these babies most likely to be born statistically? Data from the CIA's World Factbook, reproduced by Visual Capitalist, provides a picture of global demographics, showing the number of babies born per continent per 1,000 births worldwide.For four major regions shown on our map, the top five countries in terms of bir...

Stefano Boeri Sows Seeds for Tree-Filled International Forest Stadium

The International Forest Stadium is envisioned for Milan, Italy, and would feature 3,300 trees and 56,300 shrubs.Proponent of greenery covered architecture Stefano Boeri Architetti has revealed its design for a soccer stadium and sports complex in Milan, Italy. The ambitious project would include a park and museum, and would be filled with thousands of plants and trees that the studio says woul...

(PDF) BoA Private Bank Study of Wealthy Americans 2022

The impact of shifting generational attitudes amid an historic wealth transfer.Bank of America Private Bank Study Finds Younger Investors Turning to Alternatives, Sustainability and Digital Assets to Create Wealth75% of young investors say it's impossible to achieve above-average returns solely with traditional stocks and bondsHalf of parents believe children aren't prepared to handle family mo...

(M&A) Victoria’s Secret Acquires Adore Me for $400M to Fuel Comeback

The acquisition will allow Victoria’s Secret to tap into Adore Me’s digital fluency and Gen Z consumer base as it navigates a rebranding and comeback attempt.Victoria’s Secret will acquire lingerie brand Adore Me for a price tag of $400 million, looking to its tech prowess and Gen Z customer base to help an ongoing rebrand.“Adore Me is a technology-led, digital-first innovator in the intima...

Purlin Raises Seed Funding for AI-Powered Technology Products for The Real Estate Market

The round was led by SUM Ventures, New Valley Ventures, RWT Horizons, Mission Gate, Fredrik Eklund and Julia Spillman-Gover.The company intends to use the funds to accelerate business growth, support the success of its existing clients, and expand the geographic footprint of its AI products.Led by CEO Giorgi Chigogidze, Purlin designs, creates, and provides advanced AI-powered technology produc...

Pixel Fold Renders Dream Up Google’s Next Big Thing

Google seems to be gearing up to expand its Pixel brand, starting with the shiny new Pixel Watch launched last month. The company also already confirmed that it will be launching its first Pixel-branded tablet next year, and it seems to be taking a rather different course from typical slates like the Apple iPads and the majority of Android tablets. One thing it hasn’t confirmed yet at this poi...

(PDF) BCG - Responsible AI for an Era of Tighter Regulations

Get a jump on new requirements, including the upcoming EU AI Act, by adopting BCG’s Responsible AI Leader Blueprint.New artificial intelligence regulations are imminent, but organizations can get a head-start by implementing responsible artificial intelligence (RAI) today. As companies deploy transformative AI tools, they must ensure that they introduce these solutions in a responsible way, to...

Hey, GitHub, Can You Create an Array Compare Function Without Breaking The GPL ?

GitHub is testing a new feature that will allow developers to instruct its AI-powered programming assistant Copilot to generate code using voice commands.The legally troubled, license-bothering technology isn't a plain speech-to-text dictation engine that would require developers to read out their program source line by line. Instead, the "Hey, GitHub!" works as a voice interface for Copilot, w...

 

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