
Alstom's main shareholder CDPQ welcomes action plan to improve group financials
PARIS Canadian investment group CDPQ, Alstom's largest shareholder, on Wednesday welcomed the trainmaker's action plan to improve its
2023-11-16 02:59

Irish citizens cross Gaza border into Egypt
A total of 23 Irish citizens have exited Gaza through the Rafah crossing, Micheál Martin says.
2023-11-16 02:59

Post Malone Calls for Pathfinder and R-301 Buffs in Apex Legends
Post Malone and iiTzTimmy called for Pathfinder and R-301 buffs in Apex Legends Season 19 during a stream for the Post Malone x Apex Legends Event.
2023-11-16 02:52

Buffett’s Berkshire Trims HP Stake, Exits General Motors Bet
Warren Buffett’s Berkshire Hathaway Inc. reduced the number of stocks in its portfolio in the third quarter, exiting
2023-11-16 02:48

5 college football programs desperate enough to hire Jimbo Fisher
With Jimbo Fisher out at Texas A&M, he is free to go work somewhere else. While he could totally fat cat it with his buyout money, here are five Power Five teams that could be desperate enough to hire him right now.
2023-11-16 02:46

EY Names Janet Truncale as First Female CEO of Big Four Firm
Ernst & Young LLP picked Janet Truncale as its next chief executive officer, placing the first woman atop
2023-11-16 02:45

An Astronaut Tool Bag Is Now Orbiting Earth
The tool kit, which was lost during a spacewalk, is visible from Earth.
2023-11-16 02:19

Turkey's Erdogan labels Israel a 'terror state', slams its backers in West
By Huseyin Hayatsever and Tuvan Gumrukcu ANKARA (Reuters) -Turkish President Tayyip Erdogan said on Wednesday Israel was a "terror state"
2023-11-16 02:16

Balenciaga divides with release of ‘absurd’ $925 bath towel skirt
People can’t decide whether Balenciaga’s new $925 bath towel skirt is an example of clever marketing or just a ploy to wipe wallets. The unparalleled high fashion house, piloted by long-time creative director Demna Gvasalia, regularly releases peculiar designs, made to look beaten down and wrecked, with purposeful outlandish price tags – see its $1,850 fully destroyed sneakers or $1,800 trash bag tote. But this particular pick from the brand’s Spring 2024 collection sparked widespread debate online as soon it became available for pre-order on 14 November. A $927 terry-cloth towel, fashioned to be a wrap skirt, comes after the Georgian designer faced backlash for a controversial 2022 holiday ad featuring children holding teddy bears in leather bondage. Following the extensive criticism, Demna said he planned on tapping into his “roots in fashion as well as to the roots of Balenciaga, which is making quality clothes – not making image or buzz”. He told Vogue his plan in February a few weeks ahead of his fall 2023 debut. But while the designer intended to find motivation from Balenciaga founder Cristóbal moving forward, this quirky bathroom garment prompted further conversation about the brand’s continued desire to offer “absurd” luxury items. One riled up fashion enthusiast took to X, formerly known as Twitter, to make a larger generalisation. “This is absurd, These brands will sell anything and everything at such ridiculously high prices,” they wrote. “Balenciaga is so unserious,” another critic commented, while someone else said: “I’ll say it again... Balenciaga is conducting an experiment. It’s a behavioral science study. You can’t convince me otherwise.” Amid the flock of immediate criticism, brand supporters pointed out the platform and intended buyers Balenciaga targets. “In economics we’d say they are discovering the true demand curve. They are checking their customer base to see how elastic they are. If it’s a fairly inelastic demand curve of which it’s very likely to be. They won’t lose anything by being selling s*** like this, in actual fact…” one person wrote. “I need customers like theirs,” another fan proclaimed. One candid reviewer wrote: “What kind of madness is this? At least I’m not their target market.” Other X users added remarks about how they could make their own towel skirt with their fluffy fabric at home. “I already got a towel skirt, it cost $10 and it’s from Walmart,” one individual commented. Playing off the high-end fashion brand’s current visibility, Ikea, the Swedish homewares and furniture brand, dropped a similar advertisement, highlighting its $10 VINARN bath towel. In promotional photos, a model could be seen with the towel wrapped around his waist, layered over a pair of construction pants. On top, the man donned a common Balenciaga identifier with a black hoodie and wrap-around moto sunglasses. Read More Women’s scarves and crocheted ties - what is Robert Peston wearing now? McDonald’s and Crocs collaborate on new Grimace shoes Jacob Elordi reveals why he always carries a purse Women’s scarves and crocheted ties - what is Robert Peston wearing now? McDonald’s and Crocs collaborate on new Grimace shoes Jacob Elordi reveals why he always carries a purse
2023-11-16 01:57

Manchester aid worker shot dead in gun battle with 'bandits'
Faye Mooney, 29, was caught in the crossfire between police and gunmen in Nigeria, an inquest hears.
2023-11-16 01:52

MLB Rumors: Cardinals ace connection, Surprise Yankees-Astros trade, Red Sox trade buzz
MLB Rumors: Cardinals could have a head start signing Yoshinobu Yamamoto in free agency, Yankees and Astros could shock baseball by striking a deal, Red Sox could address major need with blockbuster trade.
2023-11-16 01:50

The Whiteboard: NBA Power Rankings, Zach LaVine trades, Draymond ejected
Today on The Whiteboard — our latest NBA Power Rankings, finding Zach LaVine trades that actually work and Draymond Green crosses a line.
2023-11-16 01:20