Shein’s falling profits reveal cracks in ultra-fast fashion business model

Shein’s falling profits reveal cracks in ultra-fast fashion business model

Slowing profits and mounting legal challenges suggest Shein’s breakneck growth is stalling as regulators and consumers demand more accountability from fast fashion brands. Daphne Chouliaraki Milner reports for Atmos. In short: Shein’s profits dropped nearly 40% in 2024, forcing the company to slash its valuation ahead of a planned IPO in London. Meanwhile, its sales…

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Gates named his mansion "Xanadu 2.0."

Bill Gates reveals why he can’t bear to part with his sprawling $130 million mansion: ‘That is a luxury’

Photo Credit: Getty Images In a surprising statement, Bill Gates stated that he doesn’t intend to part with his 66,000-square-foot mansion, despite living alone. Gates named his mansion “Xanadu 2.0” in reference to the movie Citizen Kane. With six kitchens, a 60-foot pool, and 24 bathrooms, it’s the definition of excess. He originally bought it…

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UK energy minister heads to China to talk climate | News

UK energy minister heads to China to talk climate | News

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Incredible places around the world being DESTROYED by the sea

Incredible places around the world being DESTROYED by the sea

The power of the sea Various src=https://s.yimg.com/ny/api/res/1.2/HGs_gIQrawktNWdpAGxR_w–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYxOQ–/https://media.zenfs.com/en/loveexploring_uk_835/c4a7d25279b416fb9c8738c95cb70f21>Various src=https://s.yimg.com/ny/api/res/1.2/HGs_gIQrawktNWdpAGxR_w–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYxOQ–/https://media.zenfs.com/en/loveexploring_uk_835/c4a7d25279b416fb9c8738c95cb70f21 class=caas-img> Coasts serve up some of the world’s most breathtaking scenery – wild waves, craggy shores and beautiful beaches with gleaming sand. But many of these incredible places are disappearing before our very eyes. Coastal erosion is eating away at shores all over the world, forcing residents and wildlife to flee…

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The EPA is rolling back environmental regulation, but most Americans support climate policies, study finds

The EPA is rolling back environmental regulation, but most Americans support climate policies, study finds

The Environmental Protection Agency announced Wednesday that it will roll back or change 31 environmental rules and regulations. Some of these changes include revisions of national air quality standards for particulate matter, emission standards for industrial air pollutants and regulations restricting vehicle emissions.   EPA Administrator Lee Zeldin said the deregulation will drive “a dagger…

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