EPISODE · Sep 23, 2024 · 33 MIN
TCW86: Fashion takeovers and Microsoft’s big moves.
from The Curve
Big moves in the investing world this week! First up, we dive into the $8.5 billion luxury fashion showdown between Tapestry and Capri Holdings - think Coach vs. Versace - but it’s not all glitz and glamour when the regulators come in and hit the brakes. But that’s just the beginning. Tupperware - yes, that iconic kitchen staple - is filing for bankruptcy! Turns out, $700 million worth of debt doesn’t vanish like that missing container lid. What does this mean for your plasticware drawer? And how does a Kiwi brand like Sistema stand to benefit from Tupperware’s tumble? Next, China’s shaking things up by raising its retirement age for the first time in 50 years. Men now retire at 63, women at 55. Meanwhile, Microsoft is making waves with its biggest-ever share buyback and a $30 billion fund for AI. But here’s the catch: all that AI is energy-hungry. Can we invest in AI and save the planet? Watch this episode on YouTube. For more from The Curve:InstagramYouTubeWebsiteTikTokNewsletter Disclaimer: Raising The Curve has been prepared solely for informational and educational purposes. Any information provided and serviced described in this website are intended to be of general nature and provide general information only. The opinions expressed by The Curve do not constitute investment advice.
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TCW86: Fashion takeovers and Microsoft’s big moves.
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