The ghost of Robodebt – Federal Court rules billions of dollars in welfare debts must be recalculated 
Glastonbury is as popular than ever, but complaints about the lineup reveal its generational challenge 
The pandemic is still disrupting young people’s careers 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
The Beauty Beneath the Expressway: A Journey from Self to Service 
Locked up then locked out: how NZ’s bank rules make life for ex-prisoners even harder 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
AI is driving down the price of knowledge – universities have to rethink what they offer 
Sabato De Sarno has been appointed as creative director by Kering to reinvigorate its Gucci brand by sparking heat with a new direction.
Analysts say the task is delicate, given the emphasis executives have also put on the label’s timeless appeal.
Gucci accounted for two-thirds of Kering’s profits in 2021.
At the company's investment presentation last year, management stressed the importance of classics..
Gucci has recently revived its bamboo-handle model handbag from 1947, as well as its over-the-shoulder Jackie bag from 1961.
Analysts note that De Sarno will also need to create excitement with hot new trends, a strategy that has historically worked well for the brand in contrast to competitors who place a stronger emphasis on iconic classics, particularly handbags.
According to Antoine Belge, analyst with Exane BNP Paribas, Gucci’s future is not to become another Louis Vuitton, Chanel, or Hermes, but to nurture its fashion content to drive customers back to the brand.
In recent quarters, Gucci has lagged rivals Hermes and Louis Vuitton with its performance in the key Chinese market becoming a source of concern for investors amid Covid-19 lockdowns.
