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Lamborghini swerves away from all-electric future
Posted onTheo LeggettInternational Business Correspondent Getty The boss of Lamborghini said enthusiasm for electric cars was declining The boss of Lamborghini has said its customers still want “the sound and the emotion” of internal combustion engines, and the company will use them in its cars for at least the next decade. Speaking to the BBC at…
Kim Kardashian’s Skims hits $5bn valuation
Posted onOsmond ChiaBusiness reporter Getty Images Skims, the shapewear brand co-founded by celebrity and entrepreneur Kim Kardashian, says it has raised $225m (£171.5m) of new funding, bringing its value to $5bn. The company says it plans to use the money from investors, including an arm of Wall Street banking giant Goldman Sachs, to open more shops…
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