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☆ Clothing brands failing to eradicate forced labor risk in supply chains, research finds
▼ + stars: | 2024-02-01 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

(Photo by Edward Berthelot/Getty Images)Many of the world's major fashion brands are failing to address forced labor in their supply chains, according to a report, with French luxury giant LVMH among the worst performers. The research from KnowTheChain, an organization focused on forced labor in supply chains, analyzed 65 companies for exposure to forced labor risk. Guiding Principles on Business and Human Rights, KnowTheChain said companies scored on average 21/100. "They remain largely reactive to human rights violations, rather than evidencing robust, embedded human rights and environmental due diligence practices designed to prevent them," it added. "As such, it demonstrates that a corporate strategy which embeds human rights due diligence does not have to come at the cost of long-term sustainable growth or investor returns."

Persons: Louis, Yayoi, Louis Vuitton, Edward Berthelot, KnowTheChain, Veronique Rochet Organizations: Louis Vuitton's, Human, Puma, Adidas, P Retail, CNBC, PUMA, Fair Labor Association, Fair Labor Locations: Paris, France

☆ Jim Cramer explains how investors can pick stocks in an overbought market
▼ + stars: | 2024-02-01 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Jim Cramer said investors can pick stocks that are "oversold within an overbought market." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Powell, we're, Locker, Wynn, Stanley Black, Wells, Jim Cramer's, Jim Organizations: CNBC, Fed, Treasury, Super, Apple, Adidas, Constellation Brands, Diageo, GE Healthcare, Honeywell, Jim Cramer's Charitable Locations: Macao, China

☆ Adidas says it plans to sell its remaining Yeezy sneakers – and it doesn't want to make a loss
▼ + stars: | 2024-02-01 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Adidas says it plans to sell its remaining stocks of Yeezy sneakers worth nearly $300 million. "The company plans to sell the remaining Yeezy product at least at cost in 2024," Adidas said in a press release Wednesday. The German sportswear retailer had previously planned to write off roughly 300 million euros ($324 million) of Yeezy inventory. It now plans to sell around 268 million euros ($289 million) of its remaining stock. AdvertisementAdidas said that it had sold Yeezy stock worth 1.2 billion euros in 2022 and 750 million euros in 2023, the latter of which generated a preliminary operating profit of around 300 million euros.

Persons: Ye, —, Bjørn, George Floyd, Gulden Organizations: Adidas, Service, Kanye, Twitter, Defamation League, Keeta Floyd Institute for Social, Business, Argentine

☆ Adidas won't write off remaining Yeezy inventory, plans to sell ‘at least’ at cost
▼ + stars: | 2024-01-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Adidas announced on Wednesday that it won't write off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes "at least" at the cost it paid for them, as the apparel retailer looks to recoup its losses. The company attributed the profit to its "better-than-expected operational business" during its fourth quarter and the decision to sell the majority of the remaining Yeezy inventory. Instead, the company plans to sell the remaining Yeezy product at least at cost in 2024," Adidas said in a news release. CEO Bjørn Gulden added: "Our consumer, retail and trade research has shown that we can sell this remaining inventory in 2024 for at least the cost price. It's not clear if Adidas will donate any portion of the remaining Yeezy sales.

Persons: Ye, Bjørn Gulden, George Floyd, It's Organizations: Adidas, Defamation League, Keeta Floyd Institute for Social, CNBC PRO Locations: Chicago

Now Jay’s case is the first of those killings to go to trial. Opening statements are set for Monday in the federal murder trial of Karl Jordan Jr. and Ronald Washington, who were arrested in 2020. Jay, born Jason Mizell, formed Run-DMC in the early 1980s with Darryl “DMC” McDaniels and Joseph Simmons, known as DJ Run and Rev. Political Cartoons View All 253 ImagesThey were the first rappers with gold and platinum albums and a Rolling Stone cover. He considered Jay to be family, since the DJ grew up across the street from Jordan's father, his defense wrote.

Persons: Jay, Karl Jordan Jr, Ronald Washington, “, ”, Seth DuCharme, gunning, Jason Mizell, Darryl “, ” McDaniels, Joseph Simmons, Aerosmith, ” Jay, people's, Tricky, Tupac Shakur, Prosecutors, Washington, Jordan, wasn't, Susan Kellman, Jay —, Judge LaShann DeArcy, Jordan's, Mark DeMarco, Jordan “ Organizations: Brooklyn U.S, Adidas, MTV, Roll Hall of Fame, Police, Prosecutors, DJ, Playboy, Authorities, New York Daily News Locations: Washington, Jordan, Hollis, Queens, York, Angeles, Shakur’s, Las Vegas, Los Angeles, indicting Washington, Maryland, Jordan's

☆ Chinese stocks are starting to turn around. How to play it
▼ + stars: | 2024-01-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Chinese stocks ended the week with four straight days of gains — a rare upswing after a dismal start to the year. "Investing in China, you have to have an active strategy," he said, emphasizing the need to focus on industries that receive policy support. All three are listed on mainland Chinese stock exchanges. In the past six months, foreign investors have pulled around $30 billion from mainland Chinese A shares, the report said. Citi analysts also include adidas and Kone in their basket of European stocks with China exposure.

Persons: David Chao, Chao, Pan Gongsheng, Edward Chan, Schelling Xie, Xie, CRRC, —, Peter Alexander, Alexander, — CNBC's Michael Bloom Organizations: Asia Pacific, People's Bank of China, PBOC, . Federal Reserve, Financial Regulatory Administration, CNBC, HSBC, Hong, Citi, adidas, Kone Locations: Asia, Japan, Invesco, China, Beijing, Hong Kong, Shanghai, U.S

☆ Jam Master Jay’s life and death and the long search for the Run-DMC DJ’s killers
▼ + stars: | 2024-01-28 | by ( Eric Levenson | ) edition.cnn.com time to read: +6 min

With Jam Master Jay scratching the turntables as DJ, they created a new sound and street look, with their Adidas gear, leather jackets, gold chains and black Kangol hats. Jason Mizell (Jam Master Jay), Joseph Simmons (Run) and Darryl McDaniels (DMC) pose at the Grammy Awards in the 1980s. The coffin of Run-DMC's Jam Master Jay was carried out of Allen A.M.E Cathedral after his funeral on November 5, 2002. Seth DuCharme, acting US attorney for the Eastern District of New York, announced charges in August 2020 against two men in the killing of Jam Master Jay. In a statement, Jam Master Jay’s son Jesse Mizell and the Mizell family thanked those who had reached out in support.

Persons: Jay, Ronald Washington, Karl Jordan Jr, Jason Mizell, Joseph Simmons, Darryl McDaniels, Aerosmith, ” Jay, Tricky, ”, ’, “ King, wasn’t, “, Allen A.M.E, Hanny Ray Abrams, Jordan, Mizell, Seth DuCharme, Brendan McDermid, Seth D, DuCharme, ” DuCharme, Jesse Mizell, Jay Bryant, Bryant, Cesar de Castro Organizations: CNN, Prosecutors, Queens, Adidas, Stone, DJ Times, Duo, Hulton, Hall of Fame, MTV, of Fame, Allen A.M.E Cathedral, Getty, Eastern, of, Reuters Locations: New York City, Brooklyn, Jamaica, Queens, Allen, AFP, of New York, Washington, Jordan, Reuters Jordan

The Inter Miami star, World Cup champion and global soccer icon will headline a Super Bowl ad for Michelob Ultra, the brand announced Thursday. It’ll be Messi’s first Super Bowl commercial and adds to his massive advertising reach in the U.S. and globally. The Super Bowl spot is part of the beer’s sizable investment in soccer. It’s also expected that Ultra will partner with the men's World Cup when it comes to the U.S., Canada and Mexico in 2026 — when Messi and Argentina will aim to defend their title. He scored twice in the most recent World Cup final in 2022 that Argentina won against France on penalty kicks.

Persons: — Lionel Messi, He’ll, Messi, Michelob, It’s, —, ”, Serena Williams, Tony Romo, Jimmy Butler, Rickie Fowler, Alex Morgan, Canelo Alvarez, ___ Organizations: MIAMI, Inter Miami, Anheuser, Busch, Copa America, Messi, Adidas, Gatorade, International, Royal, Apple, Super, advertising's, Bushwood Country, Dallas Cowboys, Miami Heat, Argentina, France, League Locations: football’s, U.S, Las Vegas, Canada, Mexico, Argentina, Royal Caribbean, “

☆ We are 2 brothers who left corporate jobs to start our own sneaker company. Here's how we found our niche in a market dominated by big brands.
▼ + stars: | 2024-01-15 | by ( Katie Balevic | ) www.businessinsider.com time to read: +6 min

They create skateboarding and lifestyle shoes and hope to leave the company to their kids someday. The brothers, ages 50 and 41, respectively, have nearly 50 years of experience in the footwear industry between them, working at Vans, Converse, Supra Footwear, and Quiksilver, among others. AdvertisementBrandon: I had always drawn as a kid, but I didn't really take it seriously. Brandon: Of course, it'd be awesome to be a $200 million company, but do we need to grow it that big? Or do we need to grow it big enough to be a legacy company where eventually our kids work here with us?

Persons: Brandon, Josh Brubaker, —, Clearweather, There's, We're, Josh, Nobody, It's Organizations: Footwear, Service, Clearweather Footwear, Vans, Converse, Supra Footwear, Nike, Adidas Locations: California, Quiksilver

☆ The CEO Who Gave 60,000 Employees His Cellphone Number
▼ + stars: | 2024-01-13 | by ( Trefor Moss | ) www.wsj.com time to read: 1 min

HERZOGENAURACH, Germany—A former professional soccer player, Bjørn Gulden says that when he took over Adidas just over a year ago, it felt as if the German sports giant was losing by four goals at halftime. Morale was down after the collapse of its Yeezy collaboration with rapper Kanye West, who now goes by Ye, and employees complained about a lack of transparency.

Persons: Germany —, Bjørn Gulden, Kanye West, Ye Organizations: Adidas Locations: HERZOGENAURACH, Germany

☆ Adidas' CEO says he gave his cell number to 60,000 employees and was slammed with 200 messages a week, report says
▼ + stars: | 2024-01-13 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

The CEO of Adidas, Bjørn Gulden, gave his cell number to 60,000 of his employees. "Some people think I'm crazy," Gulden told The Wall Street Journal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdidas' CEO Bjørn Gulden shared his cellphone number with 60,000 employees at a town hall meeting in an effort to boost transparency at the firm, The Wall Street Journal reported. This story is available exclusively to Business Insider subscribers.

Persons: Bjørn Gulden, Gulden, —, Kanye West Organizations: Adidas, Wall Street, Service, Street Journal, Business

☆ Tiger Woods and Nike’s ‘seismic’ partnership is over. Where do they go from here?
▼ + stars: | 2024-01-10 | by ( Jack Bantock | ) edition.cnn.com time to read: +10 min

After 27 years, 15 major championships, 82 PGA Tour wins and hundreds of millions of dollars in endorsement contracts, Tiger Woods and Nike announced the end of their collaboration on Monday. With Woods marking the sportswear company’s “significant entry” into golf, the partnership – and its impact – was “seismic,” explained Ben Peppi, sports commercial expert at JMW Solicitors. “For a long time post-Michael Jordan’s retirement, pre-Cristiano Ronaldo, Tiger Woods was Nike,” Peppi told CNN Sport. He transcends his sport – he wasn’t just a golf ambassador, he was a Nike icon.”As Woods became synonymous with golf, Nike became synonymous with Woods. Woods and Knight at the Tiger Woods Foundation's 20th Anniversary Celebration, held at the New York Public Library in 2016.

Persons: Tiger Woods, Woods, –, J.D, ”, Ben Peppi, Michael Jordan’s, Cristiano Ronaldo, ” Peppi, “, Tiger, Tiger …, David Cannon, Arnold Palmer, Bob Dorfman, ” Nike, Phil Knight, Knight, Gustavo Caballero, Peppi, “ There’s, Jason Day, Roger Federer, Federer, Yoshikazu, Michael Jordan, David Beckham, Usain Bolt, Puma, “ They’re, that’s, ’, it’s Organizations: CNN, Nike, Stanford University, Pumpkin, JMW Solicitors, “, CNN Sport, Augusta National, Gatorade, Accenture, Arnold Palmer Invitational, Baker, New York Public Library, Adidas, PGA, & $ Locations: golf’s, Cornelius , Oregon, Woods, ’, Japan

☆ Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
▼ + stars: | 2023-12-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered its sales outlook. Nike now expects full-year reported revenue to grow approximately 1%, compared to a prior outlook of up mid-single digits. Those costs are mostly related to employee severance costs, Nike said. During Nike's fiscal second quarter, it posted a strong earnings beat, indicating its cost-savings initiatives were already underway. Sales rose about 1% to $13.39 billion, from $13.32 billion a year earlier.

Persons: Matthew Friend, Friend, didn't, Armour Organizations: Nike, EMEA, Oregonian, LSEG, Adidas, Brands Locations: Thursday's, Greater China, Nike's, DSW

☆ Trefor Moss — Reporter at The Wall Street Journal
▼ + stars: | 2023-12-03 | by ( Trefor Moss | ) www.wsj.com time to read: 1 min

Trefor MossTrefor Moss is a reporter in The Wall Street Journal’s corporate bureau in London, where he covers Europe’s big retailers, including Adidas, H&M, IKEA and Inditex. Prior to joining the U.K. team, Trefor spent most of his career as a foreign correspondent in Asia. He joined the Journal in Hong Kong, where he previously ran his own media company, before moving to Manila to cover regional politics and security. He subsequently worked in the Journal’s Shanghai bureau, where he covered business in China. Trefor began his career as a business reporter in London and is a graduate of the University of Oxford.

Persons: Trefor Moss Trefor Moss, Trefor Organizations: Adidas, IKEA, Inditex, U.K, University of Oxford Locations: London, Asia, Hong Kong, Manila, Shanghai, China

☆ Duolingo will run its first Super Bowl ad as it expands beyond TikTok
▼ + stars: | 2023-12-01 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +4 min

Duolingo is set to take its viral TikTok marketing to the Super Bowl. The language-learning app plans to run a five-second ad during the Super Bowl game on February 11, Manu Orssaud, Duolingo's chief marketing officer, told Business Insider. It won't be a national Super Bowl ad and instead target local markets regionally. The Super Bowl ad is also set to include a digital component and be "something surprising, something that hopefully will get people talking," Orssaud said. YouTube Shorts' audience skews toward men more than TikTok, and Duolingo is creating repeatable, series-driven content specifically for YouTube Shorts, Orssaud said.

Persons: Manu Orssaud, Orssaud, Reddit, Duolingo Duolingo, Duolingo, Duo, Barbie, Lily, there's Organizations: Super, Business, Warner Bros, YouTube, Brands, Adidas Locations: Germany, Japan, TikTok

Learn moreCyber Monday is well underway, and it's one of the best times to save big on a nice pair of shoes all year. For example, you can get popular Nike Dunks on sale for $90 and Rothy's recycled plastic RS01 Sneakers on sale for $145. Check out the best Cyber Monday men's shoe deals, below. And for more of the best bargains online, check out our comprehensive list of the best Cyber Monday deals. Our favorite Cyber Monday men's shoe deals

Organizations: Nike, Adidas

[1/6] People load up their newly purchased items from Best Buy on Black Friday in Wheaton-Glenmont, Maryland, U.S., November 24, 2023. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. But at 6 a.m. on Friday at a Walmart in New Milford, Connecticut, the parking lot was only half full. "It's a lot quieter this year, a lot quieter," said shopper Theresa Forsberg, who visits the same five stores with her family at dawn every Black Friday. And the rise of online shopping has reduced the importance of Black Friday as a single-day event.

Persons: Leah Millis, Cowen, David Klink, Theresa Forsberg, Michael Brown, Kearney, Jeff Gennette, Jimmy Lee, there's, Bergdorf Goodman, Nordstrom, Oscar de, Carlos Araejo, Ruiz, It’s, ”, Paul Aheren, Puma, Siddharth Cavale, Helen Reid, Arriana McLymore, Katherine Masters, Andrew Hay, Bianca Flowers, Danielle Broadway, James Davey, Deborah Sophia, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: REUTERS, Shoppers, Huntington Private Bank, Walmart, Target, National Retail Federation, Garden, Insider Intelligence, Macy's, Adobe Analytics, Wealth Consulting, Amazon, Adobe, Nordstrom, “, Saks, Puma, Israel Football Association, IFA, Thomson Locations: Wheaton, Glenmont , Maryland, U.S, RALEIGH, N.C, New Milford , Connecticut, Paramus , New Jersey, Indianapolis, Israel, Palestine, United States, Dallas, Raleigh, Crabtree, Boston

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. In France, Italy, and Spain, most shoppers planned to buy clothing on Black Friday, with electronic goods coming second, according to a PwC survey. Thanksgiving Day discounts online peaked at about 28% for toys, while electronics had discounts as steep as 27%, Adobe said.

Persons: Shannon Stapleton, Cowen, Theresa Forsberg, “ It’s, ”, Jill Lizzo, she’s, “, I’m, Lizzo, PwC, hasn’t, Naomi Ojomo, Jeff Gennette, Barbie, John Roberts, Apple AirPods, Bergdorf Goodman, Nordstrom, Oscar de, Katherine Masters, Arriana McLymore, Helen Reid, Mimosa Spencer, Corina Pons, James Davey, Siddharth Cavale, Arriana, Deboarh Sophia, David Gaffen, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: Black, REUTERS, Shoppers, National Retail Federation, Insider Intelligence, Barclays, Macy's, Adobe Analytics, Adobe, Walmart, Argos, PlayStation, Apple, Thomson Locations: Westbury , New York, U.S, RALEIGH, N.C, New Milford , Connecticut, . U.S, Harlem, Manhattan, France, Italy, Spain, Zara, Canary Wharf, London, British, Paris, Madrid, New York, Raleigh , North Carolina, Bengaluru

☆ The WNBA commissioner says the massive NIL success for women's college basketball players will be a 'huge positive' for the league
▼ + stars: | 2023-11-21 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +3 min

Name, image, and likeness is creating a new crop of superstars in women's college basketball who could be game-changers for the sport as a whole. Those players are already driving more interest in women's college basketball. But for many of the women's college basketball players, "they've got Nike and Adidas. The women's college basketball season has already been exciting for viewers, especially those following the sport's biggest stars. Here are the women's college basketball teams Englebert is watching this season:

Persons: Angel Reese, Hailey Van Lith, Cathy Engelbert, It's, Engelbert, Englebert, We'll, they've, They've, Reese, Van Lith Organizations: WNBA, Reebok, Adidas, Business, Nike, Gatorade, Mercedes, State Locations: Bay

[1/8] Waste from international clothing brands is stored before being used to fuel kilns at a brick factory on the outskirts of Phnom Penh, Cambodia November 17, 2023. It found pre-consumer garment waste including fabric, plastic, rubber, and other materials from the brands was being burned at seven factories. The factories were burning garment waste to save on fuel costs, it said. Brick factory workers reported regular migraines, nosebleeds, and other illnesses, the UK report said. LPP said it was unaware its textile waste was being burned in brick kilns, and has contacted its agents responsible for placing orders in Cambodia.

Persons: Lululemon, Co's, Betty, Tilley Endurables, Armour, Lidl, LICADHO, LPP, Tilley, Clare Baldwin, Helen Reid, Katherine Masters Organizations: Cambodian League, Promotion, of Human, REUTERS Acquire, Adidas, Walmart, The Cambodian League, of Human Rights, Reuters, UNDP, Royal Holloway, University of London, Navy, Lidl Stiftung, Reebok, Venus, World, Cambodian Ministry of Environment, Sarom Trading, Thomson Locations: Phnom Penh, Cambodia, Cambodian, Kandal

☆ Prices for a set of Messi’s World Cup jerseys could exceed a record $10 million
▼ + stars: | 2023-11-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

A set of six jerseys that he wore during last year’s World Cup, which his home country of Argentina won, are being put up for auction by Sotheby’s next week. That shirt currently holds the world record title of being the “most valuable item of sports memorabilia ever sold at auction,” according to the auction house. Bids were initially expected to range from $5 million to $7 million, perhaps signaling that Messi’s jersey prices could go higher. The online auction for Messi’s jerseys runs from November 30 to December 14 and will be displayed during that time in a free exhibition at Sotheby’s gallery in New York. His appearances sent MLS ticket prices skyrocketing and fans had trouble getting their hands on replica jerseys for several months.

Persons: Lionel Messi, Sotheby’s, Michael Jordan, Diego Maradona, ”, Brahm Wachter, Messi, Messi’s, Tom Brady, Kobe Bryant, Germain Organizations: New, New York CNN — Soccer, France, FC Barcelona, Cristiano Ronaldo’s Real, NFL, NBA, MLS, Inter Miami, Paris Saint, FIFA, Adidas Locations: New York, Argentina, Argentine, Cristiano Ronaldo’s Real Madrid, Barcelona, Paris, Qatar

☆ Read the pitch deck that helped AI adtech company Qortex raise $6 million, led by Nvidia and Samsung alumni
▼ + stars: | 2023-11-20 | by ( Ryan Joe | ) www.businessinsider.com time to read: +3 min

Qortex, which uses AI to target ads in streaming TV, online video, and video games, said Monday it had raised a $6 million Series A round, led by GFT Ventures. Because Qortex's technology analyzes what's happening in the video frame-by-frame, it understands what's happening at a very granular level, said Rosenberg. For instance, Rosenberg said Qortex could help publishers identify strobing lights in video to remain ADA compliant, or quickly scan video archives to find specific content. While GFT has invested in about 10 companies so far Herbst said, Qortex is "one of the first and honestly one of my favorites." Check out select slides from the pitch deck that helped Qortex raise its $6 million Series A round.

Persons: Zack Rosenberg, Qortex, Rosenberg, Jeff Herbst, Herbst, Mark Pedowitz, Sid Mookerji, GFT Organizations: GFT Ventures, Silicon Road Ventures, Business, GFT, Nvidia, CW Network, Silicon, Ventures, NHL, Allstate

☆ From a homeless shelter to saving six figures and buying her first home: A 34-year-old opens up about her struggles with money and the 5 adjustments that changed her finances
▼ + stars: | 2023-11-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +10 min

Ojekunle's debit card, which was linked to her parents' bank account, was declined after she attempted to pay for a few items at the grocery store. "That's like life-changing money," Ojekunle said. Becoming a big saverA big part of financial stability is psychological, and financial trauma is real, she noted. As she got into the habit of saving, she began transferring money directly to the account. According to a screenshot of her bank account viewed by Insider, she was also able to save over six figures before purchasing her home.

Persons: Niké Ojekunle, Ojekunle, I'm, Barnes, Noble, Rich Dad Poor Dad, spender, TikTok, lockdowns, I've Organizations: Business, Nissan, Apparel, Hyundai, Adidas, Food, Costco Locations: Los Angeles, Florida

☆ Grace Wales Bonner Has Set Her Sights Beyond Fashion
▼ + stars: | 2023-11-16 | by ( Elizabeth Paton | More About Elizabeth Paton | ) www.nytimes.com time to read: +1 min

Grace Wales Bonner’s approach to fashion can sometimes feel more like that of an academic rather than a designer. Her collections for Wales Bonner, the brand she started in 2015, are informed by dazzlingly intensive research spanning critical theory, music, literature, history and mysticism. Her clever embrace of so many perspectives and personalities, and her proudly Afro-Atlantic approach to fashion, has made Ms. Wales Bonner, 33, an increasingly influential figure in field. This year, she began showing her collections in Paris, the creative and commercial epicenter of luxury fashion. But Ms. Wales Bonner is also a polymath with artistic ambitions outside fashion.

Persons: Grace Wales, Wales Bonner, Haile Selassie, James Baldwin, Theaster Gates, Man Ray, Alexander Calder, Moustapha Dimé, Terry Adkins Organizations: Adidas, Museum of Modern Art Locations: Harlem, Jamaica, Paris, New York, Betye Saar

☆ Colourful Euro 2024 ball to reflect energy of tournament, say organisers
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +1 min

[1/5] Soccer Football - Euro 2024 - Organisers Present the Official Match Ball - Maifeld, Berlin, Germany - November 15, 2023 General view of the Euro 2024 match ball 'Fussballliebe' REUTERS/Annegret Hilse Acquire Licensing RightsBERLIN, Nov 15 (Reuters) - Organisers of Euro 2024 on Wednesday unveiled the official ball for the continental tournament next year, with its colourful pattern designed to reflect the energy of the event and with built-in technology to assist in VAR decisions. Organisers said the design, featuring black wing shapes with colourful edges, curves and dots, was a reflection of the tournament's energy. Germany is hosting its first major international football tournament since the 2006 World Cup, which at the time had triggered an unprecedented wave of enthusiasm with large fan zones across the country and the event dubbed the "summer fairytale". Illustrations of each of the stadiums appear on the ball alongside the name of each host city. The ball also features some built-in technology to track all elements of its the movement and help with VAR decisions.

Persons: Annegret, Philipp Lahm, Manuel Neuer, Karolos, Christian Radnedge Organizations: Soccer Football, REUTERS, Rights, Wednesday, Adidas, Thomson Locations: Berlin, Germany

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