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How Inditex is refashioning its business model

IT HAD BEEN closed, on and off, for much of the past year. Now signs on the blacked-out windows of the Zara shop on the Champs-Elysées, the Spanish brand’s early outpost in the French capital, announce it will not re-open even after covid-19 passes. Disappointed fashionistas are redirected to the label’s website for all their…

After years of dithering companies are embracing automation

MARY BARRA, boss of GM, took to the virtual stage on January 12th to launch BrightDrop. The carmaker’s new logistics division will peddle such unsexy things as delivery vans and autonomous electric pallets for use in warehouses (see article). Hardly stuff to set pulses racing. Suppress your yawn, for Ms Barra’s announcement is the latest…

Beijing’s approach to business grows increasingly muscular

WHEN AMERICA slammed sanctions on Huawei, barring its firms from supplying the Chinese telecoms-gear titan on national-security grounds, China’s state media predicted this would spur innovation in the local technology industry. In time, it may well do. For now, much of the innovating is taking place within the Chinese state, as it toys with a new…

Calvin Kattar recalls training visit with Diaz brothers that set the tone for the rest of his career

Calvin Kattar has taken the long road to the top of his division and the trip included one significant detour early in his career. Ahead of his upcoming main event bout with former featherweight champion Max Holloway this Saturday at UFC Fight Island 7, Kattar recalled the time that he was a teenager visiting the…

Kuaishou takes on TikTok and its Chinese sibling

China’s short-video wars are heating up“WE AIM TO be the most customer-obsessed company in the world,” declares the opening line in the 700-page prospectus from Kuaishou, a Chinese video app. The firm, launched a decade ago by a former software engineer at Google and another at Hewlett-Packard, boasts more than 250m daily active users, up…