Learn about money the fun and easy way

A collection of key learnings that will help you make better money decisions.

Baraja's self-driving dreams hit a dead end as investors write down their valuation to zero

Blackbird has now marked its valuation of Baraja down to zero.

Flux team
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1
min read
· Posted on
March 25, 2024

Unilever is melting away its cone-cerns, as it looks to sell off its ice cream division

Unilever is looking to sell off its ice cream brands in a deal that could be valued between £10 billion to £15 billion.

Flux team
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1
min read
· Posted on
March 25, 2024

Reddit's share price jumps 48% on NYSE debut as it's snoopin' for profits

Reddit has IPO'ed on the New York Stock Exchange and ended its trading day up 48% late last week, valuing the company at almost $13.7 billion.

Flux team
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1
min read
· Posted on
March 25, 2024

Hermes is hit with a class action suit for allegedly gatekeeping the Birkin bag

Hermes has been hit with a class action lawsuit by shoppers who claim that the brand is violating antitrust laws when it comes to the Birkin bag.

Flux team
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1
min read
· Posted on
March 22, 2024

Gucci goes from fab to drab with a 20% sales drop thanks to China's shrinking demand for luxury goods

Kering's shares dropped 12% after it reported that sales at Gucci have fallen about 20 per cent in the first quarter.

Flux team
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1
min read
· Posted on
March 22, 2024

Chemist Warehouse cashes in on "eau-de-profits", which surged 30% thanks to 'front-of-house' sales

Chemist Warehouse has announced a nearly 30% increase in profit for its half-year results.

Flux team
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1
min read
· Posted on
March 22, 2024