Fast-fashion giant Shein has filed confidential paperwork for a potential public listing in early 2024, seeking a valuation of up to $90 billion (per Bloomberg), which would make the 15-year-old company more valuable than Lululemon and H&M combined.Established in China in 2008 as ZZKKO, Shein puts the fast in fast fashion: dropping as many as 10,000 new items on its website every day, produ...

Assistive technology services are integrating OpenAI's GPT-4, using artificial intelligence to help describe objects and people.FOR HER 38TH birthday, Chela Robles and her family made a trek to One House, her favorite bakery in Benicia, California, for a brisket sandwich and brownies. On the car ride home, she tapped a small touchscreen on her temple and asked for a description of the world out...

A time series chart showing the number of foreign visitors across regions, indexed to December 2019 levels, indicating global tourism has rebounded.Charted: Global Tourism Rebounds to 2019 LevelsLove them or hate them, tourists are back.Global tourism has rebounded to pre-pandemic levels according to data sourced from the International Monetary Fund’s World Economic Report (2023)We visualize m...

Arma unveils a groundbreaking foldable e-scooter, redefining urban mobility with swappable batteries and A4 paper-sized design.Arma, a Japanese personal mobility company, has unveiled its latest innovation in urban commuting with the world's smallest and lightest foldable electric scooter, the Arma. Weighing approximately 10 pounds (4.5 kilograms), the Arma is a suitcase-sized marvel that redef...

After years of inflation, US consumers are shouldering a burden unlike anything seen in decades — even as the pace of price increases has slowed.It now requires $119.27 to buy the same goods and services a family could afford with $100 before the pandemic. Since early 2020, prices have risen about as much as they had in the full 10 years preceding the health emergency.It’s hard to find an are...

YKK partners with Empel to debut recycling compatible zipper.Zipper manufacturing giant YKK has revealed a new water-repellent zipper that has been designed to be compatible with garment recycling systems in a bid to remove barriers of textile-to-textile recycling and therefore reduce waste.DynaPel was produced through a collaboration with sustainable textile manufacturer Green Theme Technologi...

The Neck Pillow Lounge combines the convenience of a neck pillow with the comfort of a lounge chair, bringing you a well-needed respite amid your respite. The two-in-one innovation swiftly transforms from a compact pillow to a full-sized personal lounge in just a few seconds, all without the need for any additional tools. A few swings to fill it with air ought to do it, turning it into a comfor...

Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.After an encouraging start in the first quarter of this year, second-quarter and third-quarter consumption data confirms what many in the industry have already come to accept: the era of double-digit growth in China’s retail sector is over.Third-quarter retail sales o...

AI tool GNoME finds 2.2 million new crystals, including 380,000 stable materials that could power future technologiesModern technologies from computer chips and batteries to solar panels rely on inorganic crystals. To enable new technologies, crystals must be stable otherwise they can decompose, and behind each new, stable crystal can be months of painstaking experimentation.Today, in a paper p...