The Peak Daily

Death of Yeezys 👟 — The sneaker market is in a spiral. TouchBistro raises a big round. And Canada has a new immigration plan.


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The Adidas-Kanye West split meant the death of Yeezy: The immensely popular and influential line of shoes the controversy-mongering rapper designed for the company.

That’s potentially bad news for the sneaker resale market (projected to be a US$30 billion industry by 2030) and for those touting sweet kicks as a burgeoning asset class.

Toronto-based TouchBistro, a software provider for restaurants, is breezing though a market downtown that has left venture capitalists holding their dollars close to their chest.

The feds just flicked on a big, bright, buzzing “OPEN” sign with a new three-year immigration plan aimed at getting skilled workers into the country to address the ongoing labour crunch.

Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

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The Peak DailyBy The Peak / Curiouscast

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