ITS 2025: Maximilian Raynor wins jury prize at Trieste’s international fashion competition

Translated by Nazia BIBI KEENOO Published March 26, 2025 The 22nd edition of ITS, founded by Barbara Franchin in 2002, embraced this year’s theme, Borderless. The competition has solidified a new format, introduced last year, where all ten finalists automatically receive the ITS Creative Excellence Award 10x10x10. Among them, the jury gave Raynor a special…

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Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad

By Reuters Published March 20, 2025 PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in China despite deep discounts and government stimulus to boost spending. Shutterstock While government stimulus measures and deep price cuts from retailers have drawn some shoppers, PDD’s sales report indicates…

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