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Yahoo
18 hours ago
- Climate
- Yahoo
Damaging, disruptive storms to target NYC, Philly and DC
The same setup that brought close to 300 wind damage incidents and a dozen reports of tornadoes in the Midwest on Wednesday will focus on the Atlantic Seaboard from Quebec to the Carolinas into Thursday night, AccuWeather meteorologists warn. High humidity levels combined with a ripple in the jet stream will unleash one or more lines of thunderstorms that will progress from the Appalachians and Piedmont areas toward the Atlantic coast into Thursday night. "As the storms approach the airports at the major metro areas from New York City to Philadelphia and Washington, D.C., airline delays and ground stops will increase dramatically. Some flights may even be cancelled," AccuWeather Chief Meteorologist Jonathan Porter stated. "Such delays and cancellations at these major airports have a tendency to spread quickly elsewhere in the United States air system because planes and crews are not where they need to be based on the existing schedule, resulting in cascading delays and cancellations." Motorists should be prepared for high water and sudden poor visibility as the storms approach. Roads that tend to flood during downpours should be avoided. Powerful wind gusts in many of the storms will average 60-70 mph with an AccuWeather Local StormMax™ gust of 85 mph. Due to the saturated ground in some areas, strong wind gusts during storms can easily push over trees or break off rotting limbs, leading to power outages. There will be an elevated risk of tornadoes in an area from upstate New York and northwestern New England to parts of central and eastern Quebec. This includes the major Canadian metro areas of Quebec City and Montreal, as well as Burlington, Vermont; Albany, New York; Pittsfield, Massachusetts; and Lebanon, New Hampshire; in the northeastern United States. •Have the app? Unlock AccuWeather Alerts™ with Premium+ A small number of the storms can also bring pea- to marble-sized hail, which, when combined with strong winds and torrential downpours, can damage crops in fields, plants in backyard gardens and other vegetation. As the storms creep along, flash flooding along small streams and urban areas can occur. Two or three storms may blast some locations into Thursday evening. Storms in the metro areas of Richmond and Norfolk, Virginia, as well as Charlotte and Raleigh, North Carolina, may be somewhat more widely separated but can still be severe in some neighborhoods and lead to damage and travel disruptions into Thursday evening. Some thunderstorms and severe weather are also anticipated from South Carolina to Georgia, Florida and Alabama. However, a few storms in these areas can still pack a punch at the local level with brief wind gusts, torrential rain and a sudden cluster of lightning strikes. As a massive dome of heat builds from this weekend to next week, rounds of severe thunderstorms will erupt on the northern edge from the Midwest to parts of the Northeast. Want next-level safety, ad-free? Unlock advanced, hyperlocal severe weather alerts when you subscribe to Premium+ on the AccuWeather app. AccuWeather Alerts™ are prompted by our expert meteorologists who monitor and analyze dangerous weather risks 24/7 to keep you and your family safer.
Zawya
16-05-2025
- Business
- Zawya
South Africa: Luxury resale market grows as consumers seek purposeful purchases
For the first time since the 2009 global financial crisis, spending on new personal luxury goods has declined. If proposed US tariffs on imports go into effect, luxury's slowdown could accelerate even further. But one part of the market is doing the opposite. The global pre-owned luxury market is outpacing the growth of new luxury sales by 7%. 'Luxury is still in demand, but today's shoppers are calling the shots,' says Michael Zahariev, co-founder of Luxity. 'Escalating prices, greenwashing, and concerns around quality have dimmed the spotlight on traditional luxury, prompting buyers to be more intentional about their purchases by going the pre-owned luxury route.' Who's buying designer resale? Luxury resale isn't just for the rich. Luxity's latest figures show that while high-net-worth individuals love pre-owned for limited-edition pieces, vintage gems, and brands unavailable locally, more everyday shoppers are turning to resale for affordable access to designer fashion. As Luxity's reach expands beyond its flagship stores, online sales from areas outside South Africa's major cities are on the rise, proving that luxury lives well beyond Sandton and the Atlantic Seaboard. It's not just about buying, either; 52% of revenue comes from shoppers who also sell to Luxity and reinvest that money into new finds. Luxury with purpose Millennial and Gen Z shoppers' preference for pre-owned is also largely informed by their concerns about sustainability. 'They want luxury fashion choices that don't cost the Earth - literally,' shares Zahariev. 'It's about investing in quality pieces that last, not trends that fade.' Sure, the price tag on a pre-owned designer item might be steeper than a fast fashion find, but the cost per wear works out differently. 'Fast fashion tends to fall apart after a few wears. But with pre-owned, buyers wear it again and again. And, when they're ready, they can resell it, reinvest, and keep their wardrobe evolving without constantly consuming,' he explains. There is also the environmental reality. Fast fashion is one of the most polluting industries in the world, responsible for roughly 10% of global carbon emissions, more than what's generated by the entire European Union. What's more, one garbage truckload of clothes ends up in landfills or incinerators every second. Fast fashion is fleeting and deeply unsustainable. 'Conscious consumers are starting to ask smarter questions,' says Zahariev. 'Where did this come from? What's the footprint? Who made it? Pre-owned gives you the chance to buy into luxury without buying into waste.' Inside the business of circular fashion Circular fashion, the practice of extending the life of clothing through resale and reuse, is gaining momentum around the world. And platforms like Luxity are proving that it's not just an ethical alternative but a commercially viable one too. The company was recently recognised as one of South Africa's top 50 Growth Champions and was featured on the Financial Times ' list of Africa's Fastest Growing Companies for the third year running. With an absolute growth rate of 249.92%, a compound annual growth rate (CAGR) of 51.82%, and annual revenues surpassing R60.4m, Luxity's performance reflects how circular fashion is gaining traction in South Africa, with conscious consumption becoming both culturally and commercially relevant. 'Today, luxury is less about excess and more about access. As the pre-owned market continues to grow, one thing is clear: real style is defined by purpose, not price,' concludes Zahariev.
