BLOOMBERG BuyBuy Baby’s stores will shut down after the baby brand — once cast as Bed Bath & Beyond Inc’s prized asset — garnered no adequate going-concern bids in a bankruptcy auction, according to court papers. New Jersey-based baby goods company Dream on Me Industries Inc won a bankruptcy auction for BuyBuy Baby’s intellectual property last month, but advisers kept ...

BLOOMBERG Golden Goose, the upstart maker of $500 sneakers, is turning back the clock to keep pace with its trendy Generation Z fans, staffing its stores with trained cobblers to help meet demand for products that won’t end up in a landfill. The Italian brand has long insisted that its customisable, star-emblazoned sneakers only improve with age. But adding repair ...

BLOOMBERG In the run-up to the (almost but not quite) four-day weekend over July 4, US air travel set a new record. The Transportation Security Administration said it screened nearly 2.9 million fliers on June 30, the highest daily count  in the agency’s history. Flying in the US has rebounded from its Covid-19 lows. And if global expectations hold true, ...