net profit down 17% and sales down 4% in 2023

[ad_1] By AFP Published Feb 8, 2024 Luxury group Kering announced on Thursday that net profit would fall by 17% in 2023, to €2.98 billion, and that sales would fall by 4% to €19.57 billion, as the group restructures its flagship brand Gucci. See catwalkGucci – Fall-Winter2024 – 2025 – Menswear – Italie – Milan […]

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Humans still cheaper than AI in vast majority of jobs, MIT finds

[ad_1] Artificial intelligence can’t replace the majority of jobs right now in cost-effective ways, the Massachusetts Institute of Technology found in a study that sought to address fears about AI replacing humans in a swath of industries. AI In one of the first in-depth probes of the viability of AI displacing labor, researchers modeled the cost attractiveness […]

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Kapsons Group opens Kapkids store in Mohali

[ad_1] Apparel retail business Kapsons Group has opened its fifth ‘Kapkids’ children’s wear store in Mohali to bolster its retail presence in Punjab. The multi-brand store is located in CP 67 Mall and houses a selection of clothing and accessories.  Kapkids retails both Indian and international children’s wear brands – CP.67 Mall- Facebook “Exciting News, […]

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Burberry update comes with profit warning as American woes continue

[ad_1] Burberry delivered a fairly short (well, short for Burberry) trading update on Friday with a few too many minus signs in it and not enough plus signs. Oh, and there was a profit warning too. See catwalkBurberry – Fall-Winter2023 – 2024 – Womenswear – Londres – © ImaxTree The company said the 13 weeks […]

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