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News on consumer habits, trends, and lifestyle spending.

  • Credit: NBCUniversal

    Epic new theme park opens at Universal Orlando Resort

    Credit: NBCUniversal

    The first major theme park in the United States in 25 years opens on Thursday (Friday AEST). Comcast's (NASDAQ: CMCSA) subsidiary NBCUniversal says Epic Universe in Orlando, Florida was the most ambitious and most technologically advanced park ever built. It said the 750-acre development featured five immersive worlds, three hotels, and over 50 awe-inspiring attractions, dining, and shopping experiences. “This is such a pivotal moment for our destination, and we’re thrilled to welcome guests to Epic Universe next year,” Universal Orlando Resort President and COO Karen Irwin said on the company’s website. “With the addition of this spectacular new theme park, our guests will embark on an unforgettable vacation experience with a week’s worth of thrills that will be nothing short of epic! Our Universe will never be the same.” The five ‘worlds’ in NBCUniversal’s fourth theme park are:Celestial Park How to Train Your Dragon - Isle of Berk SUPER NINTENDO WORLD™ Dark Universe, and The Wizarding World of Harry Potter™-- Ministry of Magic™The park is anchored by Loews Hotel’s Universal Helios Grand Hotel, a 500-room property with views of the park and feature a dedicated entrance into Epic Universe for hotel guests.

  • Credit: Shabaz Usmani / Unsplash

    Target sales decline amid tariff hit and DEI pull back

    Credit: Shabaz Usmani / Unsplash

    First quarter net sales for retail giant Target dropped from US$24.5 billion in 2024 to $23.8 billion in 2025, leading the company to seek changes to return to growth. Despite the overall drop, the company saw digital sales grow by 4.7%, reflecting more than 35% growth in same-day delivery powered by Target Circle 360. However, in-store sales dropped by 5.7% from the same last time last year. While net income was down, operating income for Q1 2025 was up 13.6% to $1.5 billion. Target also reported first quarter GAAP earnings per share (EPS) of $2.27, increasing from $2.03 from last year, while reporting adjusted EPS of $1.30, well below expectations of $1.56. Target chair and CEO, Brian Cornell said the company was faced with navigating a highly challenging environment. "While our sales fell short of our expectations, we saw several bright spots in the quarter, including healthy digital growth, led by a 36% increase in same-day delivery through Target Circle 360, and our strongest designer collaboration in more than a decade, Kate Spade for Target,” he said. Cornell also said that while the sales reinforce the underlying health of the business, the retail giant plans to improve current performance and accelerate

  • Credit: wu yi / Unsplash

    Nike to hike prices, resumes selling directly to Amazon

    Credit: wu yi / Unsplash

    As the retail industry braces for incoming tariffs, Nike will be raising prices on footwear, apparel and equipment as soon as this week. Nike apparel and equipment prices will increase by around US$2 to $10, a person familiar with the matter told CNBC. Footwear between $100 and $150 will have a price hike of $5 and any priced above $150 will see a hike of $10. Most of the increases will be in effect from 1 June, but some could be seen on shelves as soon as this week. A person close to the matter told CNBC that children’s products will not be impacted by the price hike, nor will items under $100, in recognition of the financial challenges families face. Jordan brand apparel and accessories won’t be impacted but Jordan sneakers will. This comes as the footwear industry is being hit hard by U.S. President Donald Trump’s tariffs. Currently, around 90% of Nike’s footwear is manufactured in China and Vietnam, two countries that have been hit hard by tariffs. As it stands, Chinese goods face a 30% tariff, and imports from Vietnam face a 10% duty. As Nike increases prices, the company has also said they will resume selling directly on Amazon in the U.S. for the first time since 2019. “This includes expanding to new

  • Credit: P. L. / Unsplash

    Dior pledges to pay 2m euros against labour abuse

    Credit: P. L. / Unsplash

    Dior is honouring its pledges by contributing €2 million ($2.3 million) over five years to support initiatives aimed at helping victims of labour exploitation. The antitrust body also announced on Wednesday that Dior had committed to revising its ethical and social responsibility messaging. It has also implemented stricter processes for selecting and monitoring suppliers. The pledges were made to remedy possible unlawfulness, and it was decided to close the investigation without “establishing any infringement”. This comes after investigators uncovered workshops where underpaid workers, often immigrants in the country illegally, produced leather bags sold to Dior and Amini for a fraction of their retail price. Italy’s antitrust investigation then investigated whether luxury brands misled consumers. It focused on discrepancies between what was uncovered and brands' messaging to consumers in terms of craftsmanship and corporate social responsibility. In a statement, Dior said it welcomed the changes and aimed to work with the antitrust body. “Dior partnered closely with the Authority to define a robust set of commitments that increase transparency and strengthen oversight throughout its supply chain,” the statement

  • Credit: Enhanced Games / X

    Path paved for drug-doping Olympics-style games in 2026

    Credit: Enhanced Games / X

    An Olympics-style games where athletes will be allowed to use performance-enhancing drugs has been revealed, with Donald Trump Jr. among the financial backers. The event is scheduled for 21-24 May 2026 at Resorts World in Las Vegas and will see athletes allowed to use PEDs under medical observation. Founded by Australian entrepreneur Aron D’Souza, organisers call the inaugural Enhanced Games an opportunity for “superhumanity”. “We are pioneering a new era in athletic competition that embraces scientific advancements to push the boundaries of human performance,” claims the website. Athletes will compete in racing, weightlifting and swimming, with full access and even encouragement to drugs and therapies banned in other professional arenas. They will also compete for up to US$500,000 in prizemoney per event. An additional US$1 million is on the cards for those able to break the records in the 50-metre freestyle swimming or 100-metre sprint race. James Magnussen, a retired Australian Olympic swimmer, has recently lost out on that money in February after rival swimmer Kristian Gkolomeev broke the world record at an Enhanced Games-run competition pool, while on PEDs.

  • Credit: Riviera’s 4300 Sports Express / Sanctuary Cove International Boat Show

    SCIBS 2025 headlines Gold Coast's $40m event line-up

    Credit: Riviera’s 4300 Sports Express / Sanctuary Cove International Boat Show

    The Gold Coast is poised to take centre stage this May with a line-up of major events that promise to draw tens of thousands of visitors and pump more than A$40 million into the regional economy. A trio of internationally renowned happenings - the Sanctuary Cove International Boat Show (SCIBS), the Gold Coast Pro surfing competition, and the beloved Blues on Broadbeach music festival - are set to transform the coastal city into a magnet for lifestyle, sport, and entertainment enthusiasts from around the world. Gold Coast Mayor Tom Tate heralded the month as a defining moment for the city’s cultural and economic footprint. “From the Gold Coast Pro to Blues on Broadbeach and the Sanctuary Cove International Boat Show, we’re seeing the Gold Coast shine on a global stage - drawing visitors from around the country and the world,” he said. “With a combined economic impact of $40 million, these major events highlight the strength of our city’s events calendar and the vibrant community that supports it.”SCIBS 2025 ReturnsLeading the festivities is the 36th edition of the Sanctuary Cove International Boat Show, running from 22-25 May. SCIBS is widely regarded as Australia’s leading marine lifestyle event, and 2025 looks set to be

  • All-new RAV4 (overseas model shown). Credit: Toyota

    New RAV4 tipped to outsell other vehicles next year

    All-new RAV4 (overseas model shown). Credit: Toyota

    Toyota has announced the 2026 RAV4 and predicts it will become Australia’s best-selling car when it arrives next year. Since 1994, 15 million RAV4’s have been sold and there are no signs of them waning in popularity. This can be seen with a million fifth-gen RAV4’s being sold towards the end of their lifespan. For the first time in Australia, the RAV4 will have both a regular hybrid and plug-in hybrid option with 100-kilometres of claimed electric driving range and more power than a Toyota GR Corolla. While pricing has not been confirmed, the new model is expected to cost more than A$42,260 plus on-road costs entry RRP of the current RAV4 – and top out north of $60,000 in plug-in form. The new RAV4 will continue the hybrid legacy of the car while also featuring the plug-in model in front wheel drive and all wheel drive forms. Both hybrid and plug-in models can be topped up using 50kW DC charge, with 10-80% replenishment taking 30 minutes. The car's batteries are said to be 30% more energy-dense than the last-gen version which didn’t come to Australia.

  • Credit: NastyaSensei / Pexels

    'Momentum': American football boosts global reach

    Credit: NastyaSensei / Pexels

    American football expansion around the world has passed a key milestone with all 32 National Football League teams now holding marketing rights for other countries including Australia. The National Football League (NFL) on Tuesday (Wednesday AEST) announced an expansion of its Global Markets Program (GMP) in 2025 with the Buffalo Bills, Cincinnati Bengals and Tennessee Titans set to join this year. The NFL said all 32 clubs would now officially participate in the program across 21 international markets, as the league continued to prioritise global growth and connecting with more fans across markets around the world. Launched in 2022, the GMP awards NFL clubs international marketing rights to build brand awareness and ‘fandom’ beyond the U.S. through fan engagement, events, commercial opportunities and NFL Flag development. NFL Executive Vice President Club Business, Major Events & International Peter O'Reilly said league-wide club participation in the program underlined the strategic priority of the NFL and its teams to invest in global growth. “We continue to see strong momentum worldwide and look forward to bringing fans internationally closer to our game, together,” O’Reilly said in a media release. The three

  • Credit: Supercars

    Warburton appointed CEO of Supercars; 'understands DNA'

    Credit: Supercars

    James Warburton is back at the helm of Supercars, officially returning as Chief Executive Officer on 23 July, 2025. Having previously led the championship from 2013 to 2017, Warburton’s tenure was marked by strong commercial growth and financial stability for teams. His return signals a renewed push to strengthen Supercars’ global presence, with Chairman Barclay Nettlefold praising his strategic vision and ability to build trusted relationships across the sport. Nettlefold said: “James is an energetic, strategic and results-driven executive. “He understands the DNA of our sport and has a proven track record of delivering commercial success and building trusted relationships with teams, partners, broadcasters and fans alike. His return reflects our ambition to strengthen Supercars’ position as a world-class sporting and entertainment product.” Warburton’s leadership resume extends beyond motorsport. Since leaving Supercars, he transformed APN Outdoor, leading it through a successful sale, and later served as CEO of Seven West Media, where he spearheaded digital expansion and major broadcast initiatives. His deep experience in sports, media, and events positions him well to drive Supercars into its next phase of growt

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