Quality vs Quantity in Streetwear Acquisitions

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Luxotica is facing similar challenges as VF Corp with their Supreme acquisition. They are considering launching Supreme Meta Smart Glasses with AI infusion following the success of Ray-Ban Meta Smart Glasses. The expected revenue from Supreme fell short of projections by around $77 million, showing that expanding may have contributed to a decline in revenue. However, the streetwear trend might not be over yet, despite these challenges.

Episode 368: Neal and Toby chat about the latest chapter in the US-China chip war where a Trump interview with Bloomberg sent semiconductor chip indexes tumbling, while China is looking to expand their chip capabilities. Then, a couple of major deals with Bob Iger acquiring Angel City FC for $250M and Ray-Ban owner acquires the once-popular streetwear brand Supreme. Plus, Neal shares his favorite numbers from the Emmy’s, the fastest human-made object, and night-owl productivity. Meanwhile, the pool industry is slowly drowning. Lastly, the trend of running-for-hire is spreading throughout Indonesia. Behold the Strava Jockey.

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00:00 - Ken Griffin buys Apex Stegosaurus

03:00 - Chip wars heat up

07:15 - Angel City FC bought for $250M

11:45 - Ray-Ban buys Supreme brand

15:30 - Neal’s Numbers: Emmy’s, fast object, night-owls

20:00 - Pool industry is drowning

24:00 - Behold the Strava Jockey

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