Month: January 2024

Changes to Board of Directors further strengthen Lulus’ leadership LOS ANGELES, Jan. 10, 2024 (GLOBE NEWSWIRE) — Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), the attainable luxury brand for women, today announced that Laura Deady has been appointed Chief Merchandising Officer, effective the week of January 15, 2024. Ms. Deady will join Lulus from Urban Outfitters, where she served as the Senior Managing Director of Buying and Merchandising for apparel, accessories, footwear, and vintage. “The appointment of Laura Deady as CMO marks a pivotal moment in Lulus’ journey, reinforcing our commitment to innovation and consumer-centric strategies,” said Crystal Landsem, Chief Executive Officer, Lulus. “Laura’s exceptional track record and visionary approach to merchandising align seamlessly with...

Stockholm, January 10th, 2024 – Virtune, a Swedish regulated digital asset manager in Sweden is announcing the launch of two new innovative and sought-after crypto ETPs, Virtune Staked Polkadot ETP and Virtune Arbitrum ETP, on Nasdaq Stockholm, the largest stock exchange in the Nordic region. About Virtune Staked Polkadot ETPVirtune Staked Polkadot ETP provides exposure to Polkadot combined with the benefits of staking. With staking incorporated, the ETP provdes an additional 4% annual return on the investment made in the ETP. Like all of Virtune’s ETPs, Virtune Staked Polkadot ETP is 100% physically backed and fully collateralized, is denominated in SEK for the Swedish audience and is available on Avanza and Nordnet. Key Information about Virtune Staked Polkadot ETP: 1:1 exposure to Polkadot with 4% additional annual return through...

New York Traffic Data 2023TomTom’s 2023 Traffic Index Reveals New Insights for Drivers in New YorkAMSTERDAM, Jan. 10, 2024 (GLOBE NEWSWIRE) — TomTom, the global geolocation technology leader released the 13th annual edition of its Traffic Index, which details key traffic insights and trends across 387 cities around the world in 2023. The report found that New York was both the slowest and the #1 most congested in the U.S. The report identifies how traffic affects residents in New York, from time and cost to emissions. Key findings for 2023 include:On average, it took NYC drivers 23min + 58s to drive a typical 6-mile trip, up 19s from ‘22 and +1 min 26s from ‘21. The average speed over the year is 15 mph. For a typical 6 mile-commute driven twice a day during morning & evening rush hours:Typical NYC daily...

Las Vegas Traffic Data 2023TomTom’s 2023 Traffic Index Reveals New Insights for Drivers in Las VegasAMSTERDAM, Jan. 10, 2024 (GLOBE NEWSWIRE) — TomTom, the global geolocation technology leader released the 13th annual edition of its Traffic Index, which details key traffic insights and trends across 387 cities around the world. The report found that Las Vegas was the 21st slowest city in the U.S. The report identifies how traffic affects residents in Las Vegas, from time and cost to emissions. Key findings include:On average throughout 2023, it took Las Vegas drivers 12min and 33s to drive a typical 6-mile trip, up 19s from ‘22. For a typical 6 mile-commute driven twice a day during morning & evening rush hours:Typical Las Vegas commuters spent 110 hours driving; of which 31 hours were due to congestion. Each...

San Francisco Traffic Data 2023TomTom’s 2023 Traffic Index Reveals New Insights for Drivers in San FranciscoAMSTERDAM, Jan. 10, 2024 (GLOBE NEWSWIRE) — TomTom, the global geolocation technology leader released the 13th annual edition of its Traffic Index, which details key traffic insights and trends across 387 cities. The report found that San Francisco was the #3 slowest city in the U.S. The report identifies how traffic affects residents in San Francisco from time and cost to emissions. Key findings include:On average throughout 2023, it took San Francisco drivers 19 min and 47s to drive a typical 6-mile trip. For a typical 6 mile-commute driven twice a day during morning & evening rush hours:Typical San Francisco commuters spent 183 hours driving; of which, a whopping 73 hours were due to congestion. Each...

Detroit Traffic Data 2023TomTom’s 2023 Traffic Index Reveals New Insights for Drivers in DetroitAMSTERDAM, Jan. 10, 2024 (GLOBE NEWSWIRE) — TomTom, the global geolocation technology leader released the 13th annual edition of its Traffic Index, which details key traffic insights and trends across 387 cities. The report found that Detroit was the 75th slowest city in the U.S. The report identifies how traffic affects residents in Detroit, from time and cost to emissions. Key findings include:On average throughout 2023, it took Detroit drivers 8min and 51s to drive a typical 6-mile trip, no change since 2022. For a typical 6 mile-commute driven twice a day during morning & evening rush hours:Typical Detroit commuters spent 75 hours driving; of which 16 hours were due to congestion. Each Detroit driver emitted...

(All amounts expressed in US dollars) VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to report that the Company has paid down an additional $41 million of its revolving credit facility at the end of the fourth quarter of 2023, using cash on hand. After the payment of $41 million, the Company expects to bring down the leverage ratio1 below 0.5 times total net debt2 to adjusted EBITDA3 (which was reported for the third quarter of 2023). At December 31, 2023, it is expected that Fortuna’s total outstanding debt balance will stand at approximately $165 million on its credit facility (excluding letters of credit), and approximately $46 million of convertible notes, for an estimated total net debt, after cash and cash equivalents, of $83 million as at December...

Los Angeles Traffic Data 2023TomTom’s 2023 Traffic Index Reveals New Insights for Drivers in Los AngelesAMSTERDAM, Jan. 10, 2024 (GLOBE NEWSWIRE) — TomTom, the global geolocation technology leader released the 13th annual edition of its Traffic Index, which details key traffic insights and trends across 387 cities. The report found that Los Angeles was the #9 slowest city in the U.S, and great Los Angeles is the slowest metropolitan area. The report identifies how traffic affects residents in Los Angeles from time and cost to emissions. Key findings include:In average throughout 2023, it took Los Angeles drivers 14 min and 29s to drive a typical 6-mile trip, up 28 seconds from 2022, and +1 min. 16s from 2021 November 15, 2023 was the slowest day: a section of I-10 was damaged by a fire a few days before, and remained...