Fashion takeovers and Microsoft’s big moves.
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.