Former Abercrombie & Fitch CEO Mike Jeffries, along with partner Matthew Smith and another individual, have been arrested on sex trafficking charges following an FBI investigation. The probe was initiated after allegations of sexual abuse and exploitation at events worldwide. Jeffries and Smith have denied any wrongdoing, with Jeffries previously stepping down in 2014 amidst declining sales and receiving a retirement package of £20.5m ($25m), only to be accused later of running a sex trafficking operation involving coercion and fraud.
Full Article
Porsche gets 11kg weight break for Imola WEC round
Porsche has received a significant weight reduction for the upcoming Imola round of the World Endurance Championship, as its 963 LMDh will compete 11kg lighter than during the Qatar season opener. For the 2025 WEC’s second round, however, the car's weight will be 1053kg, which is 20kg heavier compared to previous specifications. This adjustment is part of the Hypercar Balance of Performance regulations aimed at ensuring competitive parity among participating manufacturers. Full Article
Read more