[Music] How many times you were asked the fateful question as a child, what do you want to be when you grow up? Once my little cousin replied, a taxi. But she didn't mean a taxi driver, but an actual taxi. Because when we were kids, our imagination has no limits. And do you remember where you wanted to be when you grow up? Personally, I had no idea. And my mom who used to be a teacher for 40 years always told me and you have to become a teacher. Impossible. No way. And after more than 20 years of different ...

NEW YORK, NY / ACCESS Newswire / September 29, 2025 / Europe has long been the beating heart of global fashion, but now it intends to become the brain as well. While designers in Paris and Milan set the trends on the runway, the continent's regulators have been setting just as aggressive targets behind the scenes. ...

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment Group 1: Company Performance - Phillips 66 (PSX) operates 13 refineries in the U.S. with a total refining capacity of 2.2 million barrels per day; its current year earnings estimate has increased by 12.9% over the last 60 days [1] - ScanSource (SCSC) serves as a value-added distributor of specialty technologies in North America; its current year earnings estimate has increased by 7.9% over the last 60 days [2] - Ralph Lauren (RL) is a major designer and distributor of premium lifestyle products globally; its current year earnings estimate has increased by 7.4% over the last 60 days [3] - BanColombia (CIB) is Colombia's largest bank by assets, with significant market participation in deposits and loans; its current year earnings estimate has increased by 7% over the last 60 days [4] - Corning (GLW) specializes in advanced glass technologies for various applications; its current year earnings estimate has increased by 5.1% over the last 60 days [5]

Giorgio Armani built an empire worth billions, but the fashion mogul was most at home in his role of designer, obsessively fine-tuning his creations before he unfurled them on the runway https://t.co/xrTWWev7Gi ...

Industry Trends & Concerns - New York Fashion Week is perceived as lacking the glitz and glam of previous years, with critics noting sensible cuts and a general sense of being unmemorable [1][2] - The shift away from a centralized venue has diminished the energy and visibility of New York Fashion Week [2] - Economic caution and uncertainty regarding manufacturing costs and tariffs are impacting designers' approaches [3] - The industry is described as "terrified" due to economic conditions [4] - There's a trend towards "chic minimalism, quiet luxury, and wearability" in American fashion, reflecting a desire for safety and predictability [4][5] - New York is known for its focus on "sailable" and wearable clothing, a trend that has resurfaced due to market nervousness [6] Global Fashion Week Comparison - London was known for edginess, Milan for textiles and workmanship, and Paris for avant-garde design [6] - Milan Fashion Week is emphasizing color, with Prada's show highlighting themes of hope and resistance [8] - Paris, London, and Milan are still showcasing the artistry of fashion [7] Changes in Fashion Week Dynamics - Social media and a new generation of designers are driving changes in the format of fashion week [3] - The focus has shifted from magazine editors to content creators and influencers [13] - New heads of design departments at major fashion houses like Chanel and Dior are adding to the stress and anticipation surrounding Paris Fashion Week [9] US Apparel Manufacturing - Only 25% of apparel purchased in the United States is made domestically [4]

Core Insights - The fashion industry heavily relies on image, utilizing logos, marketing campaigns, and runway shows to establish brands as billion-dollar icons [1] Industry Overview - The fashion industry is characterized by its focus on branding and visual appeal, which are critical for building consumer recognition and loyalty [1]

Core Insights - Counterfeiters have significantly impacted the fashion industry by undermining brand prestige and trust, resulting in substantial financial losses [1] - The counterfeit market includes fake bags, knockoff sneakers, and imitation fabrics, which have infiltrated various sectors of commerce [1] - The fashion industry invests heavily in building its reputation, which is being compromised by the presence of counterfeit goods [1]

The Q2 2025 report draws on data from over 600 UK-based firms using its platform. These firms span various sectors including food and beverage, clothing and fashion, and construction. The findings demonstrate that manufacturers in the clothing, footwear, and accessories segments are actively increasing their inventories. This move is aimed at ensuring continuous product availability and maintaining service standards amid extended lead times, a trend that saw an increase of 13 days from the first to the s ...

Economic Outlook - U.S. rate futures indicate a 91.9% probability of a 25 basis point rate cut at the upcoming monetary policy meeting, with an 8.1% chance of no change [1] - San Francisco Fed President Mary Daly suggests that further interest rate cuts may be necessary to restore price stability while supporting the labor market [1] - U.S. Treasury Secretary Scott Bessent expresses disappointment over the lack of a clear agenda from Fed Chair Jerome Powell regarding interest rate reductions, advocating for a decrease of 100 to 150 basis points by year-end [2] Market Performance - Wall Street's main equity benchmarks closed lower, with Freeport-McMoRan experiencing a significant drop of nearly 17% after cutting Q3 sales guidance and declaring force majeure on copper supplies [3] - Bloom Energy fell over 10% following a downgrade by Jefferies, while Adobe declined more than 2% after a downgrade by Morgan Stanley [3] - Conversely, Marvell Technology rose over 7% after announcing a new $5 billion share repurchase program [3] Upcoming Economic Data - The U.S. Commerce Department's final estimate of GDP is anticipated to show a 3.3% annual growth rate for Q2 [5] - Durable Goods Orders are expected to decline by 0.3% month-over-month, while Core Durable Goods Orders are forecasted to fall by 0.1% [5] - Existing Home Sales are projected at 3.96 million for August, down from 4.01 million in July [6] Corporate Earnings - Notable companies such as Costco, Accenture, Jabil Circuit, and CarMax are set to report quarterly results today [7] - Oracle's stock fell over 2% in pre-market trading after a Sell rating was initiated by Rothschild & Co. Redburn [16] International Market Insights - The Euro Stoxx 50 Index is down 0.49%, influenced by declines in healthcare and construction stocks [9] - Japan's Nikkei 225 Index reached a new record high, supported by a weaker yen and expectations of a Bank of Japan interest rate hike [12]

Core Points - HUGO BOSS AG has reported a significant change in voting rights, with Bank of America Corporation acquiring a total of 7.99% of voting rights as of September 22, 2025, up from 7.27% previously [4][6][12] - The breakdown of the voting rights includes 5.36% directly attached to shares and 2.63% through instruments [4][6] - The total number of voting rights for HUGO BOSS AG is reported to be 70,400,000 [4] Group 1: Issuer Details - The issuer is HUGO BOSS AG, located at Holy-Allee 3, Metzingen, Germany [2] - The Legal Entity Identifier (LEI) for HUGO BOSS AG is 529900LFVU534EBRXD13 [2] Group 2: Notification Reason - The notification is due to the acquisition of shares with voting rights by Bank of America Corporation [3] Group 3: Shareholder Details - Bank of America Corporation, based in Wilmington, DE, USA, is the entity subject to the notification obligation [4] - Merrill Lynch International is noted as holding directly 3% or more of the voting rights [4] Group 4: Voting Rights Breakdown - The new voting rights distribution includes 5.36% from shares and 2.63% from instruments, totaling 7.99% [4][6] - The previous voting rights were reported at 4.82% from shares and 2.45% from instruments, totaling 7.27% [4] Group 5: Instruments Details - The voting rights through instruments include various types such as rights of use, put options, and swaps, contributing to the overall voting rights [7][8] - The total voting rights from instruments amount to 2.63% [4][6]