Nike plans to cut thousands of online distributors in China

Nike said the broad distribution network expanded access but also led to inconsistent pricing and brand presentation across online marketplace.

Nike said the broad distribution network expanded access but also led to inconsistent pricing and brand presentation across online marketplace.
ESGAgent.ai has closed a seed funding round led by DNX Ventures, taking the Brisbane startup’s total funding to AUD $1.7 million. The new capital will support product development and customer growth as Australian businesses face rising compliance demands across climate disclosure, emissions reporting, workplace safety, modern slavery, biodiversity and governance. ESGAgent.ai sells software for heavy…
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In its first six years, Groove has become a key champion for and catalyst of Minnesota’s early-stage economy, with an investor network that now reaches well beyond it MINNEAPOLIS, MN, July 21, 2026 (GLOBE NEWSWIRE) — Groove Capital, an early-stage investing and venture capital engine based in Minneapolis, today announced it has made its 100th…
“Not using AI is like being left behind,” Apple CEO Tim Cook’s remark captures the urgency around artificial intelligence today — though the tinge of irony in these words coming from Apple is not lost on us. For a growing number of India’s startup founders, however, things are moving beyond this starting point. Using AI…
Apple and Nvidia battled it out on Friday for the title of world’s most valuable company, with the iPhone maker briefly topping the long-time leader in market value. Shares of Nvidia briefly dropped about 3% and its market value dipped to $4.84 trillion in early morning trading, while Apple hovered near a $4.88 trillion market…
Some interesting data here from HSBC, but will the regulatory framework in the UK and the EU stifle innovation allowing the USA and China to take the lead on AI deployment? Here’s the word; UK startups and scaleups raised $17 billion in venture capital funding during the first half of 2026, marking the strongest opening…