Zhang Shengwei, the influential figure behind Heaven Gifts in Shenzhen, is credited with revolutionizing the vape industry by dominating markets worldwide with disposable vapes that are popular among youth. However, concerns are rising due to the environmental impact of disposable vapes, prompting the UK government to ban them by 2025. In the US, Zhang’s tactics have raised geopolitical tensions and criticisms of illegal product flooding, while his ability to navigate regulatory hurdles has solidified his position in the industry despite mounting challenges.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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