industry
It’s been a rough year for luxury retailers, as economic headwinds have reduced consumer demand, but there are still a few places where people are willing to spend money.Luxury brands could be facing their biggest setback in 15 years, according to a report published by Bain & Company and Italian luxury goods industry association Altagamma…
As a kid, I ran from field to field for soccer tournaments with back-to-back games, and woke up before the sun was up for lacrosse tournaments that were a long drive away.I’m not alone. It feels like nearly everyone in the US has some connection to youth sports, either through…
A prestigious corner of Wall Street is having a bit of an identity crisis.The private-equity industry is on the cusp of some massive changes to how it recruits young talent. Big-name firms are putting their foot down about the early recruitment of junior bankers, leaving young Wall Streeters scrambling.There’s a…
Ukraine’s defense industry says it is prepared to produce much more weaponry than it is currently making. The problem is that the Ukrainian government can’t afford the multi-billion-dollar price tag for production.But it says there’s a straightforward solution.Ukraine’s defense industry has boomed since Russia launched its full-scale invasion of Ukraine,…
When Calvin Bailey — a member of the UK parliament — was a squadron commander in the country’s Royal Air Force, he saw a shift in how his engineering-heavy workforce changed careers.In the early 2010s, people would leave the service “like for like,” he told Business Insider — meaning they were…
It’s not an easy time to be in the drugstore business.On Monday, Rite Aid found itself in bankruptcy for the second time in less than a year, having only exited protection back in September.In a note to business partners, the pharmacy chain cited “rapidly evolving retail and healthcare landscapes” as…
A war with top US rival China could be a long conflict that would strain resources and capabilities, and the US Army secretary has concerns that American industry isn’t ready.Last week, Secretary of the Army Daniel Driscoll spoke to Business Insider about the Army’s priorities amid plans to shift Pentagon…
