UK Inflation Basket Update: VR Headsets Join, DVD Rentals Excluded

UK Inflation Basket Update: VR Headsets Join, DVD Rentals Excluded
2 months ago

The UK’s Office for National Statistics (ONS) recently unveiled its latest adjustments to the basket of goods used to calculate consumer price inflation, with notable entries that reflect changing consumer habits in the digital age. The inclusion of virtual reality (VR) headsets marks a significant shift towards incorporating modern technological devices, while the removal of DVD rentals underscores a decline in traditional entertainment consumption methods.

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Nike Shuts Down RTFKT Virtual Sneaker Label Amid Leadership Changes

Nike Shuts Down RTFKT Virtual Sneaker Label Amid Leadership Changes
6 months ago

Nike Inc. is making a significant move in the evolving landscape of digital fashion by deciding to shut down its virtual sneaker label, RTFKT, under the leadership of its new CEO, John Donahoe. This decision marks a pivotal shift for Nike as it navigates the complexities of the metaverse and the future of digital branding.

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