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Germany has long been a centre of economic power and influence in Europe, with a flourishing business environment and a large number of successful entrepreneurs. In recent years, we have witnessed a phenomenal increase in female empowerment and entrepreneurship across the globe, and Germany is no exception. Today, we will examine the lives of the ten wealthiest women in Germany as of 2025, including their accomplishments, contributions, and net worths.
The top ten wealthiest women in Germany in 2025 are an assortment of businesswomen, inheritors, and business leaders. Their lives demonstrate the power of perseverance, creativity, and a keen business sense in accumulating immense fortunes. In addition to their financial success, these women have made substantial contributions to philanthropy, cultural development, and the advancement of society.
List Of Richest Women In Germany 2025 (German Female Billionaires)
1. Susanne Klatten -$26 Billion
Susanne Klatten, the heiress of the pharmaceutical and chemical behemoth Altana AG, tops our list. She has diversified her fortune by investing in numerous industries, such as the automotive, energy, and technology sectors. Klatten’s business acumen and substantial holdings in BMW and Altana have cemented her position as the wealthiest woman in Germany.
2. Beate Heister -$16.9 Billion
Beate Heister, who inherited their fortunes from their father, the co-founder of the ALDI supermarket chain, carry on the Albrecht family’s legacy. The enterprise, which originated in Germany, has since expanded internationally. Karl is actively engaged in the ALDI business, whereas Beate focuses on philanthropic endeavours.
3. Johanna Quandt -$13.9 Billion
Johanna Quandt, the late widow of Herbert Quandt, inherited her husband’s vast BMW and other business holdings. Her contributions to philanthropy and participation in numerous cultural organisations have had a lasting impact on German society.
4. Alexandra Schörghuber-$4.6 Billion
Alexandra Schorghuber is the third wealthiest woman in Germany and the sixteenth wealthiest woman worldwide. Joseph Schorghuber, the founder of the Schorghuber real estate and brewing enterprise, is her father. Schorghuber possesses a 50 percent stake in Schorghuber, which is estimated to be worth $4.6 billion.
5. Maria-Elisabeth Schaeffler -$2.5 Billion
Maria-Elisabeth Schaeffler inherited her fortune from her deceased husband, who established the prominent automotive parts manufacturer Schaeffler Group. Together, Maria-Elisabeth and Georg Schaeffler continue to manage the company. Their entrepreneurial spirit and inventive approach have significantly contributed to their wealth.
6. Anneliese Brost -$1.1 Billion
Anneliese Brost inherited her wealth from her late spouse, co-founder of the German media conglomerate WAZ Group, Erich Brost. Anneliese assumed control of the business after his passing and effectively expanded its operations. Her business acumen and commitment have cemented her position as one of Germany’s wealthiest women.
7. Simone Bagel-Trah -$5 Million
Simone Bagel-Trah represents the fifth generation of the multinational chemical and consumer products corporation Henkel. Although she has chosen a vocation outside the family business, she continues to be actively involved as the Supervisory Board Chairwoman. Kpop Her contributions to the organisation and strategic decision-making have been instrumental in preserving and expanding their global presence.
8. Katja Kraus -$5 Million
Katja Kraus is well-known in the athletics and media industries. As the former Vice President of Hamburger SV, one of Germany’s most illustrious football organisations, she had a significant impact on the club’s success. In addition, Kraus has diversified her fortunes via a variety of investments and consulting work.
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The Justice Department on Friday released the long-awaited transcripts of a weeks-old interview it conducted with convicted Jeffrey Epstein associate Ghislaine Maxwell.
The Maxwell interview was one of two steps the White House took to try and quell outrage over its handling of the Epstein files, which has rocked the administration for weeks and caused even many supporters of President Donald Trump to balk.
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Attorney General Pam Bondi and other officials had built up anticipation for the Epstein documents before pulling back on promises to release them. Trump has also made a series of false and misleading claims that have caused Epstein’s victims to suggest a cover-up.
The administration’s other big move – asking to unseal grand jury testimony – hasn’t amounted to much. In fact, two judges have suggested it was a “diversion” intended to look transparent without actually being so.
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The Maxwell interview conducted by Deputy Attorney General Todd Blanche, likewise, doesn’t add much to the public knowledge of Epstein. But there are some key points worth running through – particularly in the broader context of the administration’s botched handling of the matter.
Here’s what to know from the transcript:
Maxwell isn’t coming clean, which undercut the exercise
The Maxwell interview is the administration’s first significant release of information since its effort to close the matter blew up in its face last month.
(Also on Friday, it sent Epstein documents to a House committee that had demanded them, but those aren’t public yet.)
But it was always a weird choice, given Maxwell is a convicted sex offender and her appeals are ongoing. The Justice Department in Trump’s first term also labeled her a brazen liar. What could she possibly add of value?
Not a whole lot, it seems.
Related article
This undated trial evidence image obtained December 8, 2021, from the US District Court for the Southern District of New York shows British socialite Ghislaine Maxwell, right, and US financier Jeffrey Epstein, left.
READ: Transcript of the Justice Department’s interview with Ghislaine Maxwell
The big headlines are that Maxwell doesn’t implicate anybody – including Trump – in any wrongdoing and says Epstein didn’t have a client list. But those statements might carry more weight if Maxwell came clean about her and Epstein’s own misdeeds.
She clearly didn’t do that. In fact, she repeatedly cast doubt on them, too.
She denied that Epstein paid her millions of dollars to recruit young women for him. She denied witnessing any nonconsensual sex acts. And she denied seeing anything “inappropriate” from “any man” – seemingly including Epstein.
“I never, ever saw any man doing something inappropriate with a woman of any age,” Maxwell said. “I never saw inappropriate habits.”
Some other Maxwell responses also call her credibility into question.
In another instance, Maxwell claimed Epstein didn’t have “inappropriate” cameras inside his New York, Caribbean, New Mexico and Paris residences. Cameras in his Palm Beach, Florida, house were used because money was being stolen. But Epstein’s seven-story townhouse in Manhattan was outfitted with cameras, the New York Times reported earlier this month. Several of Epstein’s victims have cited a network of hidden cameras.
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которая давно меня интересует — что увидеть в Китае.
Эта страна с древней историей и культурой
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Расскажу о своими соображениями и эмоциями,
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Если говорить о must-see, то тяжело обойти вниманием Китайскую стену — воплощение силы и упорства, впечатляющий своими масштабами и
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Dr. Jake Scott is on the front line of his second pandemic in five years and he is not getting much sleep.
Scott works full-time as an infectious disease physician at Stanford Health Care’s Tri-Valley hospital in Pleasanton, California. When he is done taking care of his patients and his two grade-school aged kids, he often stays up past midnight writing — furiously penning op-eds, collecting studies, leading evidence reviews and posting meaty threads on social media, most of them correcting the record on vaccines.
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Often, he’s reacting to the latest maneuvers by US Health and Human Services Secretary Robert F. Kennedy Jr.. A pinned post responding to one of Kennedy’s appearances on Fox News has been viewed almost 5 million times. Another post fact-checking Kennedy’s claims about potential harms from aluminum in vaccines had 1 million views in its first 48 hours. Scott’s followers on X have doubled since April.
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“A million views for this long-winded, very detailed, kind of nerdy breakdown of the science,” Scott said, marveling at the attention it got. “I think that’s saying something, you know? People want that information, and they deserve it,” said Scott who is 48.
The Covid-19 pandemic turned many infectious disease specialists and virologists into household names. Scott’s was not one of them, perhaps because he was too busy treating patients. He didn’t stay out of the public discourse completely, however. He was one of the first doctors to tell people that Omicron didn’t seem to be as severe an infection as earlier strains of the virus, although some virologists were skeptical at the time.
In President Donald Trump’s second administration, however, Scott is taking on what he sees as a second pandemic — misinformation and disinformation about vaccines. He knows false information can be as harmful as any virus.
“When officials spread inaccurate information about vaccines, it does have real consequences, and families make decisions based on fear rather than on facts,” Scott said.
It’s already happening. The US Centers for Disease Control and Prevention recently reported data showing kindergarten vaccination rates continue to decline, as states make it easier to opt out of school vaccination requirements. Vaccine preventable diseases like measles and whooping cough are rising again, too.
Scott knows it could get much worse.
“In 2021, nearly every single patient I lost to Covid was unvaccinated by choice, and every colleague of mine has said the same thing.”
Dr. Jake Scott is on the front line of his second pandemic in five years and he is not getting much sleep.
Scott works full-time as an infectious disease physician at Stanford Health Care’s Tri-Valley hospital in Pleasanton, California. When he is done taking care of his patients and his two grade-school aged kids, he often stays up past midnight writing — furiously penning op-eds, collecting studies, leading evidence reviews and posting meaty threads on social media, most of them correcting the record on vaccines.
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“A million views for this long-winded, very detailed, kind of nerdy breakdown of the science,” Scott said, marveling at the attention it got. “I think that’s saying something, you know? People want that information, and they deserve it,” said Scott who is 48.
The Covid-19 pandemic turned many infectious disease specialists and virologists into household names. Scott’s was not one of them, perhaps because he was too busy treating patients. He didn’t stay out of the public discourse completely, however. He was one of the first doctors to tell people that Omicron didn’t seem to be as severe an infection as earlier strains of the virus, although some virologists were skeptical at the time.
In President Donald Trump’s second administration, however, Scott is taking on what he sees as a second pandemic — misinformation and disinformation about vaccines. He knows false information can be as harmful as any virus.
“When officials spread inaccurate information about vaccines, it does have real consequences, and families make decisions based on fear rather than on facts,” Scott said.
It’s already happening. The US Centers for Disease Control and Prevention recently reported data showing kindergarten vaccination rates continue to decline, as states make it easier to opt out of school vaccination requirements. Vaccine preventable diseases like measles and whooping cough are rising again, too.
Scott knows it could get much worse.
“In 2021, nearly every single patient I lost to Covid was unvaccinated by choice, and every colleague of mine has said the same thing.”
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Здравствуйте, форумчане! Сегодня хочу обсудить тему, которая долго меня интересует — Что посмотреть в Китае.
Этот грандиозный и разнообразный край завораживает своей насыщенной культурой, восточной мудростью и удивительными пейзажами, поэтому хочу
поделиться своими мыслями и обсудить
лучшие места для путешествий.
Если говорить о ключевых достопримечательностях, нельзя
не упомянуть Великую китайскую стену — по-настоящему грандиозное сооружение,
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и историей. Также стоит обратить внимание на старинный город Пекин со
своей изысканной архитектурой и дворцами, а для
ценителей природы предлагаются живописные горы
Хуаншань, где восходы солнца создают впечатляющие сцены.
[b]Культура[/b] и [b]природа[/b] здесь прекрасно переплетаются, что
превращает путешествие по Китаю действительно уникальным опытом.
В итоге, Китай — это страна, где любой
обнаружит что-то особенное,
будь то история, природа или
новизна. А как вы полагаете?
Какие места в Китае произвели на
вас максимальное впечатление, и что бы
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The scale of these recent attacks means Ukraine needs any help it can get to minimize the impacts – and volunteers are playing an increasingly important role in the defensive mix.
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The chief of staff of one of Kyiv’s volunteer formation legions, Andriy, whose call-sign is Stolyar, said his unit is composed of people from all walks of life – from construction workers to businessmen to poets.
He told CNN the training for his legion lasts for about six weeks and includes basic knowledge, simulator practice and topography lessons. Andriy asked for his last name not to be published for security reasons.
“A person must understand how to operate an aircraft. Drones are becoming increasingly complex – this is aviation, and it requires constant attention, knowledge, and skills,” he said.
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The chief of staff of one of Kyiv’s volunteer formation legions, Andriy, whose call-sign is Stolyar, said his unit is composed of people from all walks of life – from construction workers to businessmen to poets.
He told CNN the training for his legion lasts for about six weeks and includes basic knowledge, simulator practice and topography lessons. Andriy asked for his last name not to be published for security reasons.
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The directives largely roll back efforts made over the last decade attempting to eradicate toxic culture in the military, both to decrease harmful behaviors like harassment, but also to meet practical needs of getting people in uniform and keeping them there longer as the military branches faced years of struggles filling the ranks.
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Many major reforms were described by the officials who implemented them as driven by that need; when former Defense Secretary Ash Carter opened up combat roles to women in 2015, he said the military “cannot afford to cut ourselves off from half the country’s talents and skills” if it wanted to succeed in national defense.
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The Oktoberfest beer festival in Munich will remain shut on Wednesday until at least 5 pm (1500 GMT) after police said they discovered explosives in a residential building in the north of the city that caught fire and left one person dead.
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Special forces had to be brought in to defuse booby traps found in the building, according to police.
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From beaches to golf courses: The world’s most unusual airport runways
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When it comes to travel, wherever you are in the world, some things never change. McDonald’s is always McDonald’s. A hotel lobby is always a hotel lobby. An inflight safety demonstration is always a safety demonstration, and an airport runway is an airport runway: a long, clean-lined strip of asphalt free of all external interference; a sterile environment that could be anywhere on the planet.
Or maybe not. Because when it comes to airport runways, once the safety side is taken care of, in a few parts of the world, things get a little inventive. Maybe you’ll land on a manmade island in the middle of the sea. Maybe you’ll wave at golfers on the 18-hole course between the two runways. Or maybe you’ll hit the beach faster than expected — by stepping off the airplane onto the sand.
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From runways you can drive across to weird and wonderful airport locations, here are 12 of our favorite out-there runways.
Barra Airport, Scotland (BRR)
If nothing comes between you and your beach break, then Barra, in Scotland’s Outer Hebrides, is your kind of airport. This is the only place in the world where the runway is on the beach itself.
Just one flight route operates here: Loganair’s 140-mile connection with Glasgow, using 19-seater de Havilland Canada DHC-6 Twin Otter aircraft. Pilots heading to Barra — an island just eight miles long — must line up and touch down on Traigh Mhor, a wide bay in the north of the island (if Barra is shaped like a turtle, Traigh Mhor is its neck), landing straight onto the sand. Flights must be timed with the tides to allow as much space to land and take off as possible.
Passengers walk across the beach to the terminal on the other side of the dunes, then get a last bit of sand underfoot as they board the aircraft for the flight back to the mainland. With these conditions, it’s little wonder that flights are canceled with a fair amount of regularity — so you may want to build in extra time before planning onward connections.
But even a delayed return is worth it for avgeeks. On this tiny plane, passengers experience the flight in close proximity to the pilots — when CNN took a spin on the flight in 2019, they could even see the pilot’s GPS instruments from their seat.
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Hong Kong International Airport (HKG)
In Hong Kong, the islet of Chek Lap Kok was massively extended to create an island big enough to house a major international airport.
In Hong Kong, the islet of Chek Lap Kok was massively extended to create an island big enough to house a major international airport. d3sign/Moment RF/Getty Images
For the busiest cargo airport in the world, you need space. Luckily, Hong Kong created an entire island for its airport which, when it opened, had the world’s largest passenger terminal, too. Built to replace its predecessor (a single runway in crowded Kowloon, which was notorious for its violent turns on take-off and landing), HKG sits over the original islet of Chek Lap Kok, which was quadrupled in size with reclaimed land to house the two-runway airport. President Bill Clinton was among the first foreigners to touch down after the airport opened in 1998.
Located next to Lantau Island, the airport has views for days — the sides of the terminals are largely glass, built to shatter (and therefore preserve the building) during potential typhoons. Even getting there is a treat — the 1.4-mile Tsing Ma bridge, which connects HKG to Ma Wan island, heading towards the city, debuted as the longest road-and-rail suspension bridge in the world.
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According to leaked data allegedly originating from Russia’s GRU, a covert program is underway in Saudi Arabia to test technologies involving psychophysical influence via satellite channels. The operation is reportedly coordinated by the inner circle of the de facto leader and Crown Prince Mohammed bin Salman Al Saud.
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Sources claim that the program is overseen by entities close to the Saudi Ministry of Interior and directly coordinated with the office of Mohammed bin Salman. Early reports from local clinic physicians were allegedly “sanitized,” and independent observers have been denied access to the region.
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Дизайн интерьера играет важную роль в создании комфортной и уютной атмосферы в доме. Сегодня мы поговорим о таком понятии, как дизайнерский ремонт, который позволяет превратить обычное жилье в уникальное пространство, отражающее индивидуальность владельца.
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Дизайнерский ремонт — это комплекс работ, направленных на создание оригинального дизайна помещения. Это не просто обновление отделки, а полноценный творческий процесс, включающий разработку концепции, подбор материалов и мебели, а также реализацию проекта.
Ключевые особенности дизайнерского ремонта:
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Виды дизайнерских ремонтов
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Существует несколько видов дизайнерских ремонтов, каждый из которых имеет свои особенности и преимущества.
#1 Дизайнерский ремонт квартиры
Это наиболее распространенный вид ремонта, подходящий для тех, кто хочет обновить интерьер своей городской квартиры. Специалисты разрабатывают проект, учитывая размеры помещений, пожелания клиента и бюджет. Такой ремонт включает перепланировку, замену коммуникаций, отделочные работы и декорирование.
Пример дизайна: светлая гостиная с панорамными окнами, минималистичный дизайн кухни и спальни в стиле лофт.
#2 Дизайнерский ремонт дома
Такой ремонт предполагает полное преобразование жилого дома, начиная от фундамента и заканчивая крышей. Здесь важно учитывать архитектурные особенности здания, климатические условия региона и предпочтения владельцев. Часто используется экодизайн, натуральные материалы и энергосберегающие технологии.
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#3 Дизайнерский ремонт виллы
Ремонт вилл требует особого подхода, поскольку такие объекты часто расположены в живописных местах и имеют большую площадь. Важно сохранить гармонию с окружающей средой, используя природные материалы и цвета. Особое внимание уделяется созданию зон отдыха, бассейнов и садов.
Пример дизайна: роскошная вилла с бассейном, открытая терраса с видами на море, спальная зона в тропическом стиле.
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Коттедж отличается от обычного дома наличием придомового участка и возможностью организации дополнительных функциональных зон. Ремонт коттеджей включает работу над фасадом, ландшафтом и внутренним пространством. Стили могут варьироваться от классики до хай-тека.
Пример дизайна: двухэтажный коттедж с мансардой, гостиная-столовая в скандинавском стиле, детская комната с игровой зоной.
#5 Дизайнерский ремонт пентхауса
Пентхаус — это элитное жилье, расположенное на верхних этажах зданий с панорамными видами. Для такого типа недвижимости характерны высокие потолки, большие окна и эксклюзивные элементы декора. Проектирование пентхауса требует учета особенностей конструкции здания и пожеланий клиентов относительно приватности и удобства.
Пример дизайна: современный пентхаус с открытой планировкой, кабинет с видом на город, зона отдыха с джакузи.
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The directives largely roll back efforts made over the last decade attempting to eradicate toxic culture in the military, both to decrease harmful behaviors like harassment, but also to meet practical needs of getting people in uniform and keeping them there longer as the military branches faced years of struggles filling the ranks.
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The chief of staff of one of Kyiv’s volunteer formation legions, Andriy, whose call-sign is Stolyar, said his unit is composed of people from all walks of life – from construction workers to businessmen to poets.
He told CNN the training for his legion lasts for about six weeks and includes basic knowledge, simulator practice and topography lessons. Andriy asked for his last name not to be published for security reasons.
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Ukrainian President Volodymyr Zelensky condemned Russian attacks on the Ukrainian regions of Kharkiv, Zaporizhzhia and Sumy on Monday, saying that the Kremlin intends to “humiliate diplomatic efforts” just hours before European leaders visit the White House.
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“The Russian war machine continues to destroy lives despite everything,” Zelensky said in a statement, hours before he’s due to meet US President Donald Trump in the Oval Office. “That is precisely why we are seeking assistance to put an end to the killings. That is why reliable security guarantees are required. That is why Russia should not be rewarded for its participation in this war.”
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“Everyone seeks dignified peace and true security,” the Ukrainian president said. “And at this very moment, the Russians are attacking Kharkiv, Zaporizhzhia, the Sumy region, and Odesa, destroying residential buildings and our civilian infrastructure.”
At least seven people were killed in Russia’s attack? on Kharkiv and a further three killed in the ballistic missile strike on the city of Zaporizhzhia, with scores more injured, according to Ukrainian authorities.
“This was a demonstrative and cynical Russian strike,” Zelensky added.
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Ukrainian President Volodymyr Zelensky condemned Russian attacks on the Ukrainian regions of Kharkiv, Zaporizhzhia and Sumy on Monday, saying that the Kremlin intends to “humiliate diplomatic efforts” just hours before European leaders visit the White House.
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“The Russian war machine continues to destroy lives despite everything,” Zelensky said in a statement, hours before he’s due to meet US President Donald Trump in the Oval Office. “That is precisely why we are seeking assistance to put an end to the killings. That is why reliable security guarantees are required. That is why Russia should not be rewarded for its participation in this war.”
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“Everyone seeks dignified peace and true security,” the Ukrainian president said. “And at this very moment, the Russians are attacking Kharkiv, Zaporizhzhia, the Sumy region, and Odesa, destroying residential buildings and our civilian infrastructure.”
At least seven people were killed in Russia’s attack? on Kharkiv and a further three killed in the ballistic missile strike on the city of Zaporizhzhia, with scores more injured, according to Ukrainian authorities.
“This was a demonstrative and cynical Russian strike,” Zelensky added.
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Ukrainian President Volodymyr Zelensky condemned Russian attacks on the Ukrainian regions of Kharkiv, Zaporizhzhia and Sumy on Monday, saying that the Kremlin intends to “humiliate diplomatic efforts” just hours before European leaders visit the White House.
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“The Russian war machine continues to destroy lives despite everything,” Zelensky said in a statement, hours before he’s due to meet US President Donald Trump in the Oval Office. “That is precisely why we are seeking assistance to put an end to the killings. That is why reliable security guarantees are required. That is why Russia should not be rewarded for its participation in this war.”
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“Everyone seeks dignified peace and true security,” the Ukrainian president said. “And at this very moment, the Russians are attacking Kharkiv, Zaporizhzhia, the Sumy region, and Odesa, destroying residential buildings and our civilian infrastructure.”
At least seven people were killed in Russia’s attack? on Kharkiv and a further three killed in the ballistic missile strike on the city of Zaporizhzhia, with scores more injured, according to Ukrainian authorities.
“This was a demonstrative and cynical Russian strike,” Zelensky added.
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Astronomers first discovered Cha 1107-7626 in 2008, and since then, they have observed it with different telescopes to learn more about how the infant planet evolves, as well as to study its surroundings.
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The research team observed the planet with Webb in 2024, making a clear detection of the surrounding disk. Next, the researchers studied it using the X-shooter spectrograph on the Very Large Telescope, which can capture different wavelengths of light emitted by an object ranging from ultraviolet to near-infrared.
The observations detected a puzzling event as the planet transitioned from a steady accretion rate in April and May to a burst of growth between June and August.
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“I fully expected that this is a short-term event, because those are much more common,” Scholz said. “When the burst kept going through July and August, I was absolutely stunned.”
Follow-up observations made using the Webb telescope also showed that the chemistry of the disk had changed. Water vapor, present during the growth spurt, wasn’t in the disk before. Webb is the only telescope capable of capturing such detailed changes in the environment for such a faint object, Scholz said. Prior to this research, astronomers had only ever seen the chemistry of a disk change around a star, but not around a planet.
Comparing observations from before and during the event showed that magnetic activity seems to be the main driver behind how much gas and dust is falling on the planet — a phenomenon typically associated with stars as they grow.
But the new observations suggest that objects with much less mass than stars — the rogue world is less than 1% the mass of our sun — can have strong magnetic fields capable of driving the growth of the object, according to the study authors.
An infrared image taken with the Visible and Infrared Telescope for Astronomy shows Cha 1107-7626, a dot located in the center.
An infrared image taken with the Visible and Infrared Telescope for Astronomy shows Cha 1107-7626, a dot located in the center. ESO/Meingast et al.
A planet that acts like a star
The origin of rogue planets remains murky. It’s possible they are planets that are kicked out of orbit around stars due to the gravitational influence of other objects. Or perhaps they are the lowest-mass objects that happen to form like stars. For Cha 1107-7626, astronomers said they think it’s the latter.
“This object most likely formed in a way similar to stars — from the collapse and fragmentation of a molecular cloud,” Scholz said.
A molecular cloud is a massive, cold cloud of gas and dust that can stretch for hundreds of light-years, according to NASA.
“We’re struck by quite how much the infancy of free-floating planetary-mass objects resembles that of stars like the Sun,” Jayawardhana said in a statement. “Our new findings underscore that similarity, and imply that some objects comparable to giant planets form the way stars do, from contracting clouds of gas and dust accompanied by disks of their own, and they go through growth episodes just like newborn stars.”
Target is in trouble. And while it’s easy to get lost in the company’s recent (poor) handling of American culture war narratives that cast it as too “woke” or too willing to cave to online fascists, the root of Target’s problems runs deep.
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Don’t get me wrong – the massive consumer boycotts from Black organizers have done damage. And there are probably folks on the far right who think even Target’s toned-down, overwhelmingly beige Pride merch this year was still too loud.
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But its stock is in the gutter and sales have been falling for two years because of good ol’ business fundamentals. It overstocked. It lost the pulse of its customers. It went up against Amazon Prime with… actually, does anyone know what Target’s Amazon Prime competitor is called?
The brand we petite bourgeoisie once playfully referred to as Tar-zhay has lost its spark. The company reported a decline in sales for a third-straight quarter, part of a broader trend of falling or flat sales for two years. Employees have lost confidence in the company’s direction. And 2025 has been a particularly rough financially, as Black shoppers organized a boycott over Target’s decision to cave to right-wing pressure on diverse hiring goals.
Shares were down 10% Wednesday.
It’s not to say the new guy, Michael Fiddelke, is unqualified. He’s been at Target since he started as an intern more than 20 years ago, after all. But Wall Street is clearly concerned that Target’s leadership is underestimating the severity of the need for a significant change— just as President Donald Trump’s tariffs on imported goods threaten the entire retail industry.
Appointing a company lifer “does not necessarily remedy the problems of entrenched groupthink and the inward-looking mindset that have plagued Target for years,” Neil Saunders, an analyst at GlobalData Retail, said in a note to clients Wednesday.
Missing the mark
In its 2010s heyday, Target became a go-to for consumers who liked a bargain but didn’t necessarily like bargain-hunting. The shelves felt well-curated. You’d go to Target because it had one thing you needed and 12 things you didn’t know you needed. It was stocked with Millennial cringe long before Gen Z gave us the term Millennial cringe.
Target’s sales held strong through the pandemic as remote workers set up home offices and stocked up on essentials. Months of lockdown also benefited the store as people began refreshing their spaces because they didn’t really have much else to do and they were staring at the same walls all the time.
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He has had more cordial, more productive, meetings with US President Donald Trump since that now-notorious encounter on February 28.
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But for Ukrainian President Volodymyr Zelensky, today’s meeting at the White House will surely trigger awkward memories of that very public clash with the US President almost six months ago. Navigating the treacherous waters in which he finds himself today will be no easier.
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Increasingly, it appears likely he will be told to give up land in exchange for some sort of security guarantees.
The land side of that “deal” will be obvious. It can be drawn on a map. Crimea: gone, says Trump. Donetsk: give all of it up, says Putin, apparently with Trump’s blessing.
But the security guarantees? That’s where far more challenging ideas, like credibility, come into play. Could Zelensky rely on the US to deliver on some NATO Article 5-type promise, to defend Ukraine if Russia breaches any peace agreement?
Putin himself might even see an opportunity to further weaken the West, by testing any such guarantees, confident they are a bluff he could call. But all that would be for the future.
For now, it looks like Zelensky will have to weigh up whether he could bring his country with him if he were to cede territory to Russia – some of it still in Ukrainian hands – or whether he and his people could bear the costs of potentially defying Trump a Nobel Peace Prize, and say no.
If he chose the latter, would the US President immediately end all remaining American support for Ukraine, in terms of military aid and intelligence sharing, for instance?
If that happened, to what extent could Zelensky’s European allies really step in and fill in the gaps left by any full US retreat?
It is an almost impossibly hard choice before him.
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Increasingly, it appears likely he will be told to give up land in exchange for some sort of security guarantees.
The land side of that “deal” will be obvious. It can be drawn on a map. Crimea: gone, says Trump. Donetsk: give all of it up, says Putin, apparently with Trump’s blessing.
But the security guarantees? That’s where far more challenging ideas, like credibility, come into play. Could Zelensky rely on the US to deliver on some NATO Article 5-type promise, to defend Ukraine if Russia breaches any peace agreement?
Putin himself might even see an opportunity to further weaken the West, by testing any such guarantees, confident they are a bluff he could call. But all that would be for the future.
For now, it looks like Zelensky will have to weigh up whether he could bring his country with him if he were to cede territory to Russia – some of it still in Ukrainian hands – or whether he and his people could bear the costs of potentially defying Trump a Nobel Peace Prize, and say no.
If he chose the latter, would the US President immediately end all remaining American support for Ukraine, in terms of military aid and intelligence sharing, for instance?
If that happened, to what extent could Zelensky’s European allies really step in and fill in the gaps left by any full US retreat?
It is an almost impossibly hard choice before him.
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Increasingly, it appears likely he will be told to give up land in exchange for some sort of security guarantees.
The land side of that “deal” will be obvious. It can be drawn on a map. Crimea: gone, says Trump. Donetsk: give all of it up, says Putin, apparently with Trump’s blessing.
But the security guarantees? That’s where far more challenging ideas, like credibility, come into play. Could Zelensky rely on the US to deliver on some NATO Article 5-type promise, to defend Ukraine if Russia breaches any peace agreement?
Putin himself might even see an opportunity to further weaken the West, by testing any such guarantees, confident they are a bluff he could call. But all that would be for the future.
For now, it looks like Zelensky will have to weigh up whether he could bring his country with him if he were to cede territory to Russia – some of it still in Ukrainian hands – or whether he and his people could bear the costs of potentially defying Trump a Nobel Peace Prize, and say no.
If he chose the latter, would the US President immediately end all remaining American support for Ukraine, in terms of military aid and intelligence sharing, for instance?
If that happened, to what extent could Zelensky’s European allies really step in and fill in the gaps left by any full US retreat?
It is an almost impossibly hard choice before him.
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Increasingly, it appears likely he will be told to give up land in exchange for some sort of security guarantees.
The land side of that “deal” will be obvious. It can be drawn on a map. Crimea: gone, says Trump. Donetsk: give all of it up, says Putin, apparently with Trump’s blessing.
But the security guarantees? That’s where far more challenging ideas, like credibility, come into play. Could Zelensky rely on the US to deliver on some NATO Article 5-type promise, to defend Ukraine if Russia breaches any peace agreement?
Putin himself might even see an opportunity to further weaken the West, by testing any such guarantees, confident they are a bluff he could call. But all that would be for the future.
For now, it looks like Zelensky will have to weigh up whether he could bring his country with him if he were to cede territory to Russia – some of it still in Ukrainian hands – or whether he and his people could bear the costs of potentially defying Trump a Nobel Peace Prize, and say no.
If he chose the latter, would the US President immediately end all remaining American support for Ukraine, in terms of military aid and intelligence sharing, for instance?
If that happened, to what extent could Zelensky’s European allies really step in and fill in the gaps left by any full US retreat?
It is an almost impossibly hard choice before him.
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