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Footasylum appoints Hannah Mercer as CEO. She brings over 30 years of experience from Gymshark, Adidas, and Nike to lead growth and expansion. Read more! fashionunited.com/news/people/fo…

While like-for-like sales grew 4.8% in the first half of its financial year, pretax profit fell 32% to £22.4 million bloomberg.com/news/articles/…

Filipinos’ Flinders Street plan: Melbourne’s largest hotel with 766 rooms smh.com.au/business/compa…

The US bank has told clients that European companies are among the ‘most exposed to private credit shocks’ and named 17 financial stocks to short. ft.trib.al/y9F1cXo

Vale Bernie Lynch. m.youtube.com/watch?v=MR5XUE…

Vale Bernie Lynch (1960–2026) ARIA mourns the passing of Bernie Lynch, founding member and songwriter of @Eurogliders, who died on 12 March aged 65. From Perth pubs to international charts, Bernie's songs defined a moment in Australian pop. Heaven (Must Be There) reached #2 at home and cracked the US Billboard charts. We Will Together and Can't Wait To See You followed it into the top ten. Two albums – This Island and Absolutely – did the same. He and Grace Knight built a creative partnership that lasted close to five decades. The songs he wrote as a young man never stopped being sung. Our thoughts are with Grace, Bernie's family, and everyone who loved him and his music.

Meta Platforms shares rose following a Reuters report that the social media giant plans to lay off 20% or more of its workforce to offset heavy spending on artificial intelligence and bet on productivity gains from the technology reut.rs/3NFVQiE

BREAKING: Meta reportedly planning to lay off up to 20% of the company to offset rising AI costs.

Despite having an influential fashion capital, Argentina's textile and apparel sector is entering one of its worst downturns in decades, battered by ultra-cheap imports — many from Chinese fast-fashion platforms — that are flooding the market reut.rs/4sgb3pV

Investors are fleeing the $42 billion Cliffwater Corporate Lending Fund. Many seem to believe the private-credit fund’s official net asset value is inflated, writes WSJ Heard on the Street columnist @JonathanWeil. on.wsj.com/4rzgTRQ

How familiar…

Those Italians are at it again…

Australian tea brand T2 Tea shuts all outlets in Singapore bit.ly/4bssvQH

Antony Catalano charges: Alex Waislitz breaks silence on allegations facing media mogul smh.com.au/business/compa…

Bain Capital to Acquire Australian Wealth Manager via @WSJ #PrivateEquity wsj.com/business/deals…

Fonterra CEO Miles Hurrell resigns after eight years in role reut.rs/4bvSeYt reut.rs/4bvSeYt

‘I’m dealing with a lot right now’: Antony Catalano’s wife responds to husband’s assault charges theage.com.au/business/compa…

Ecuador declares curfew in coastal provinces for security operations reuters.com/world/americas…

Media owner Antony Catalano’s wife told friends he allegedly attacked her when she asked to turn his Find My Friends on, and in a separate incident said he allegedly hit her while she was pregnant. Story tonight: afr.com/companies/medi…

Every time a private credit borrower blew up, a choir of private credit strategists called it "episodic." Just a one-off. Now, they're admitting some issues, but say "it's not systemic". We mapped this circular system since over a year ago. Here's what's actually going on: 👇 youtu.be/sV3BwtDbMh0?si…