The Indian Register of Shipping (IRS) experienced a significant decline in its classed fleet size over the past year, losing nearly 4m gt, making it the only member of the International Association of Classification Societies (IACS) to register a fleet decrease. In contrast, ABS, RINA, and CCS saw substantial growth in gt terms, becoming the class societies with the largest fleet expansion according to data from Clarksons Research.
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Puma’s new boss takes helm trailing Adidas and a recovering Nike
Puma's leadership has aimed to elevate the brand's image for over two years, focusing on making its sneakers and apparel more aspirational. However, new CEO Arthur Hoeld has indicated that the brand is now perceived as cheap, suggesting a disconnect between the company's goals and public perception. Want More Context? 🔎
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