Latest news with #Zappos
Daily Mail
2 hours ago
- Business
- Daily Mail
Mystery will surfaces in battle over tech mogul's $500million fortune
A mysterious will said to be the final wishes of Zappos founder Tony Hsieh has emerged five years after his death. The tech giant, worth over $500 million, died after a fire engulfed his friend's Connecticut home in 2020, having only retired three-months earlier from the billion-dollar firm. His family had until recently believed he left no final will, with a new report from the Wall Street Journal saying the document mysteriously appeared this spring. According to the outlet the document has Hsieh's signature on it and is dated 2015, five years before the 46-year-old died. In the months leading up to his death he had been battling severe drug and alcohol abuse. The will was delivered to the office of Nevada based estate attorney Robert Armstrong, who had never met Hsieh before or worked with him. He was named as an executor. The discovery has thrown his probate case into turmoil. Armstrong said in court filing seen by the outlet, that he was shocked to have received the document. The will is said to transfer over $50 million and several Las Vegas properties to a series of trusts with as yet unknown beneficiaries. It is also said to include several charitable donations including $3 million to his alma mater Harvard University. The rest would go to his family. Hsieh was inside a shed near the property in New London when he was caught in the fire At a hearing on Thursday there was no further clues as to how legitimate the document is, or where it came from. The court heard that after Armstrong received the will he got a phone call from a man named Kashif Singh. Singh told the lawyer that the will had been passed to him by his late grandfather, Pir Muhammad, who was named as a co-executor. The revelation has stumped those involved in Hsieh's estate and the court, with both sides unsure how to proceed. Armstrong, alongside attorney and co-executor Mark Ferrario, have claimed that Hsieh's family's legal team have been aggressive in their approach. In a filing, they said the family's lawyers had adopted a 'scorched earth approach' and made over 70 requests for documents to 'invalidate the will'. Dara Goldsmith, a lawyer representing the family, told the Journal: 'There is nothing 'scorched earth' about thoroughly examining a document that comes out of nowhere, more than four years after Tony Hsieh's death.' She added that Richard Hsieh, his father, 'has faithfully administered his son Tony's estate and guarded Tony's legacy.' Goldsmith told the court on Thursday that the family hadn't decided on whether to challenge the will. Prior to his death, Hsieh had gone on a massive buying spree, buying up at least seven multi-millionaire dollars homes, a private club and a vacant lot. He spent at least $50 million as part of his plan to relocate to the millionaires' playground of Park City, Utah. Hsieh, who was born in Illinois and was the son of Taiwanese immigrants, studied at Harvard University before he joined Zappos - then called - in 1999. As CEO, he helped transform the fledgling internet start-up into a billion-dollar business. Zappos was sold to Amazon for $1.2 billion in 2009, but Hsieh remained with the company until his retirement in 2020. For years, Hsieh also worked to revitalize downtown Las Vegas, pledging $350 million in 2013 for redevelopment. The same year he moved Zappos' headquarters into the former Las Vegas City Hall building.
Yahoo
11 hours ago
- Business
- Yahoo
European Industry Contracts as Tariffs Pull Exports Lower
Industrial production in the eurozone's two largest economies declined in the first month of President Trump's global tariff blitz, a sign that an economic slowdown is underway after a start to the year that was even stronger than first estimated. German industrial output contracted 1.4% on month in April, statistics agency Destatis said Friday, a sharper fall than the 1.0% decline expected by economists polled by The Wall Street Journal. Fight Begins Over the $500 Million Estate of Zappos CEO Tony Hsieh's Surprise Will Stocks Slip, Tesla Tanks as Trump-Musk Feud Rages Procter & Gamble to Cut 7,000 Jobs BCG Fires Two Partners Over Gaza Aid Work Three Recessions in Less Than Two Decades? A Millennial's Lament That offset much of the 2.3% jump in output in March, when U.S. firms stockpiled imports to get ahead of the impact from expected tariffs. Trade data, also published Friday, showed goods exports to the U.S. from Germany sank 10.5% as companies adapted to the new trade reality. In early April, President Trump threatened 20% tariffs on most EU goods, before suspending them and leaving a 10% base tariff. In late May, he threatened a new 50% tariff before suspending them until July to allow for more talks. Europe's economy had improved at the start of 2025, with fresh data showing the eurozone's gross domestic product rose 0.6% on quarter in the first three months of the year, an upgrade from the 0.3% previously estimated, and the fastest pace since the third quarter of 2022. On an annualized basis, growth was 2.5%, sharply contrasting with the 0.2% decline in the U.S. Germany's industry also improved in that period, posting the largest quarterly increase in production since the start of 2022. That was ahead of Russia's full-scale invasion of Ukraine that sent energy prices higher and for years curbed the competitiveness of Germany's energy-intensive manufacturing base. In France, the eurozone's second-largest economy after Germany, production also declined 1.4% in April, quashing signs of recovery booked there in the preceding months and flipping consensus expectations that output would in fact rise. In total, April's data suggest that just as U.S. stockpiling boosted some overseas economies in the first quarter, the end of that process is set to be a headwind for them in the second. In that sense, the industrial and trade data are disappointing as they suggest the largest part of the recent growth surge was driven by frontloading of tariffs and not so much by substantial improvement, Carsten Brzeski, ING's global head of macro research, said in a note to clients. Production dived 18% for the export-orientated pharmaceutical industry in Germany after a strong rise in March, with machinery production also feeding the overall decline, Destatis said. Indeed, much of the upward revision to GDP in the first quarter came from pharmaceutical exports, from both Germany and Ireland, according to Capital Economics' chief Europe economist Andrew Kenningham. Irish GDP, which is volatile given it is a base for multinational companies, soared 9.7%. Manufacturers can take comfort from the European Central Bank's rate cut on Thursday, which could free up the ability for firms to borrow more. The new German government, led by Friedrich Merz, has announced plans to massively boost spending on defense and infrastructure that could increase demand for industrial goods toward the end of this year. ECB President Christine Lagarde flagged the opposing trends at the central bank's rate-decision meeting. 'While the uncertainty surrounding trade policies is expected to weigh on business investment and exports, especially in the short term, rising government investment in defense and infrastructure will increasingly support growth over the medium term,' she said. Write to Ed Frankl at and Joshua Kirby at Corrections & AmplificationsProduction dived 18% for the export-orientated pharmaceutical industry after a strong rise in March. An earlier version of this article incorrectly said it fell by 20%. Corrected on June 6. U.S. Trade Deficit Cut in Half on Record Drop in Imports Crypto Firm Circle's Shares Soar in Stock Market Debut Humana to Back Curbs to Medicare Advantage Billing Practices Live Q&A: Deficit, Debt and Markets—We Answer Your Biggest Questions Champagne Toasts, Big Ambitions: Wells Fargo CEO Embraces Newfound Freedom Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Buzz Feed
26-05-2025
- Lifestyle
- Buzz Feed
The Shoes You'll Want To Wear All Summer
On those in-between days when it's rainy and sunny, or when you want to give your feet some air without giving up support, you want a shoe with the ease of a sandal but the utility of a sneaker. You want a sandal-sneaker hybrid, or maybe a sneaker-sandal hybrid. To keep your feet feeling good, we curated a selection of highly-rated women's sneaker sandals all with reviews about their comfort, stability and/or breathability. Enjoy the breeze of a sandal without stressing about how badly you need a pedicure, as these kicks cover your toes and keep your feet feeling happy. This mesh-sided Hoka option These Hopara 2s feature mesh overlays for easy draining, hindering rocks and dirt from sneaking in. Wear them on a long beach walk or a day in the city. These come in five 5–11 Promising review: "The surprise to me was the stable and supportive foot bed. Feels similar to my Hoka Clifton's. Apart from the sole, I appreciate that this wears like a shoe. It is not a sloppy fit. My thought is the upper is a nice upgrade from the previous years Hopara. The upper is comprised of a fine mesh fabric. Has adjustability in the heel strap, and an appreciated heel loop to grab if needed. Had ACL, MCL and meniscus injury to my knee - no issues found after walking all day at work in these shoes. Would I recommend this shoe? Absolutely - and if they come out with other colors (suggestion denim blue!) I would buy another pair." —MidwestannieGet them from Hoka for $135. A pair of secure Teva Omniums We love Tevas here, now including this sporty, closed-toes option. They have a buckle around the ankle for extra support, a covered toe for extra protection and a quick-drying upper that can go with you from the water to the market. These come in five review: "After a recent foot surgery, my feet are very picky on what is comfortable. I could wear these shoes for 24 hours straight." —Sally XXXSizes: 5–11Get them from Amazon for $61.31+. A pair of Keen cord sandals Made with nylon cord, these Keen sandals feel natural and free-moving on the feet, while still giving you plenty of stability and structure. They're interesting enough that you can wear them while sightseeing or running errands and still feel put together, but they're durable enough to go to the lake or mountains. These come in four 5–11Promising review: "These felt like a dream right out of the box! My podiatrist recommended them to me because I have almost no cartilage left in the joint of my big toe. The top of the shoe is wide and non binding, and the adjustable elastic makes for a secure fit. I wore them on a 3 mile hike the first day I bought them. They are so lightweight that you barely know you are wearing them. I'm ordering another pair for gardening as they dry quickly. You can't go wrong. They are the best newly designed shoe Keen has ever come up with." —Renee GGet them from Zappos for $140. A pair of Adidas Astir sandals With a molded EVA outsole and eye-catching top design, these Adidas kicks are form and function. The zig-zag design makes them eye-catching while the supported footbed will keep your feel feeling great. These come in the pictured color, as well as white with pink detailing. Sizes: 4–11Promising review: "I quite like this! Bought it for my mom to wear to the gym and it's perfect for yoga class that she can easily slip on and off. There's cushion at the sole so it's comfortable." —AnneGet them from Amazon for $55.09+. A pair of budget-friendly sporty sandals Another take on the classic outdoor sandal, these budget-friendly kicks come in an array of vibrant and neutral colors. They have a protective toe cap and adjustable strap to fit right to your feet. These come in 11 colors. Sizes: 5–11Promising review: "I first bought a pair of these eleven years ago and I still wear them. When shopping for summer shoes I went looking for Dream Pairs and found more colors. I bought two more pairs and plan to buy the other colors. They are comfortable all day. I have a high arch, bad knees and a bad back and I can wear these sandals all day in comfort. Rarely do you find women's shoes that are comfortable and well-made but these are both. I highly recommend them." —Jane HarrisGet them from Amazon for $30.99.
Yahoo
24-05-2025
- Business
- Yahoo
Hoka's 'Best' Stability Running Shoes Are an Ultra-Rare 20% Off, and Shoppers Say They Feel Like 'Walking on Air'
Men's Journal aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. It's fair to say that Hoka running shoes are far from a trend—the brand has fully cemented itself as a key player in the market, converting many former Brooks and Saucony loyalists seeking trendier options with similar support tech. The brand doesn't often have sales, but one of its most renowned running shoes, the Arahi, just received its first major markdown in a swath of colors. The Hoka Arahi 7 is on sale for $116 at Zappos, a very rare 20% discount from its normal price of $145. The seventh-gen Arahi is the latest version of the shoe, making this discount even more appealing. It's available in eight colorways at that price, and you'll have the full size range from 7 to 15 with some wides available to choose from. If there's one thing we've learned about Hoka shoes on sale, it's that they sell out fast, so don't wait to get yours. The Arahi 7 is a stability shoe, and it has a design that emphasizes cushioning and support, and even earned the Seal of Acceptance from the American Podiatric Medical Association (APMA) for being beneficial to foot health. The midsole is built around Hoka's 'J-Frame,' a J-shaped layer of firm foam that supports the medial side of your foot. This firm foam bolsters your arch and keeps your foot aligned within the shoe, countering overpronation (where your foot rolls too far inward during your stride). It's paired with Hoka's compression-molded EVA cushioning foam for reliable shock absorption. Up top, a flat-knit upper with plenty of ankle and heel padding provides a comfortable fit with some additional support, and on the bottom, the durabrasion rubber outsole creates good traction for pavement and sidewalk running. How does the Arahi feel? Here's what one Zappos customer had to say: 'I really do feel like I'm walking on air.' 'Great fit and support!' said another shopper. 'I walk 5 miles daily, and these shoes are the best I have tried.' Another agreed, saying it was the 'most comfortable shoe I've ever put on.' The Arahi 7's supportive and comfortable design makes it a stellar choice for a workhorse running shoe or even an everyday walking shoe, and at just $116, it will sell quickly. Snag yours before your preferred colorway and size sell 'Best' Stability Running Shoes Are an Ultra-Rare 20% Off, and Shoppers Say They Feel Like 'Walking on Air' first appeared on Men's Journal on May 22, 2025
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Travel + Leisure
24-05-2025
- Lifestyle
- Travel + Leisure
Hoka Shoes Are on Rare Sale for Memorial Day Weekend—Shop the 15 Comfiest Deals From $51
Memorial Day weekend is finally here, and what better way to celebrate the long weekend than by snatching up rare holiday deals? We've scoured sales across the internet, and some of the most impressive savings we've found are on our go-to comfy sneaker brand: Hoka. You can now shop Hoka deals at Nordstrom, Zappos, REI, and more from just $51. We've found top shoes on sale, including the Clifton 9s, Mach 6s, and more—but you should shop fast, because these styles are selling quickly. Keep reading for the best discounts on Hoka shoes for men and women, up to 29 percent off. Best Women's Hoka Shoe Deals Hoka Clifton 9 Running Shoes REI The Clifton 9s are one of the most popular Hoka sneakers on the market, and for good reason. With a breathable upper, light body, and cushioned sole, they're comfy enough for everyday wear. Snag them in one of five available colors—but beware, these shoes are flying off the virtual shelf. Hoka Arahi 7 Running Shoes Zappos The Arahi 7s are perfect for everyday wear, and they've even earned a stamp of approval from the American Podiatric Medical Association (APMA). They're available in multiple neutral colorways that will fit seamlessly into your travel wardrobe. Keep it simple with all-black or black and white options—or snag a colorful version, like the cotton candy-esque pastel pair. Hoka Challenger 7 Trail Shoes Zappos There's nothing worse than realizing halfway through the day's itinerary that you've worn the wrong shoes. Wearing improper footwear can cause discomfort, pain, and even a few tumbles. With the Challenger 7s, you won't have to worry about determining the best shoe choice for each day of your trip, since these sneakers can do it all. They're designed to transition seamlessly from the trail to the road, and the soft cushioning throughout the insole will keep you comfy all day long. Hoka Transport Walking Shoes REI These chunky sneakers blend style and function, with a thick cushioned sole that's as comfy as it is trendy. They're APMA-approved, so they'll protect your foot health with each wear. Plus, they're designed with commuters in mind, so they're up for the task when it comes to long walks and extended wear. Hoka Mach X 2 Running Shoes Zappos The Mach X 2s propel you forward with each step, whether you're running or walking. One shopper described the cushion as 'walking on a cloud,' and another compared it to 'walking on mini trampolines.' We'd recommend these shoes for runners looking for a little more bounce in each step—in fact, one runner writes that they're ''running longer and at a quicker pace' than ever thanks to these sneakers. Hoka Speedgoat 6 Trail Shoes Zappos Hikers will love this trail-ready sneaker that's perfect for summer. One reviewer wrote they wore these shoes while hiking at Zion National Park, and they felt lightweight and comfortable in 100-degree weather. Plus, another reviewer wrote that the shoes 'provide ample support for my feet that ache after walking [for] a short period.' Hoka Anacapa 2 Freedom Hiking Shoes REI Waterproof and durable, these trail sneakers will keep you dry and comfortable in any weather. Plus, the materials are sustainably sourced and made of sugarcane, soybean, and recycled polyester. Best of all, these shoes are APMA-approved, so they'll benefit your foot health with each wear. Best Men's Hoka Shoe Deals Hoka Clifton 9 Running Shoes Zappos Lightweight, plush, and APMA-approved, the Clifton 9s are a solid walking shoe for any traveler. One reviewer with plantar fasciitis wrote that they have tried everything to relieve foot pain, including various sneakers, massages, insoles, and even a doctor-prescribed boot, but nothing compared to the relief provided by these Hoka shoes. 'It felt like I was walking on a cloud,' they added. Check out the nine marked-down color options for shoes that look as good as they feel. Hoka Arahi 7 Running Shoes Zappos Hoka makes extremely technical shoes for serious runners, as well as casual pairs that are ideal for running errands. The Arahi 7s belong to the latter category. These shoes are perfect for walking through the airport, sightseeing, and walking the dog. They have plenty of cushion, keeping your feet and ankles stable while providing a helpful bounce to propel you with each step. We found 12 marked-down color options at various retailers, including classic white and black options. Hoka Mach 6 Running Shoes Nordstrom Do you find it tough to keep up with the speedier members of your travel group? The Mach 6s are designed with speed in mind. They're lightweight, so you won't be weighed down as you explore new cities or sprint to your connecting flight. They also provide an efficient push-off, driving you forward with every step. Whether you're looking for a comfy travel shoe or sneakers for everyday runs, this top-rated pair is a great option. Hoka Challenger 7 Trail Shoes Zappos Hitting the trails? With tire-inspired rubber lugs on the outsole, the Challenger 7s are ideal for uneven terrain. They perform just as well on the road, too, so they're a do-it-all sneaker perfect for adventure-packed trips. Hoka Tennine Hike Gore-tex Hiking Boots Zappos If you're in the market for new hiking boots that will provide comfort and stability, mile after mile, this pair from Hoka is a safe bet. They're thoughtfully designed with waterproof materials, a ripstop exterior, and high-traction lugs. One reviewer called them the 'most comfortable' hiking boots they have ever owned, adding that the shoes still feel brand-new after 100 miles of hiking the rocky Phoenix terrain. Plus, they add that they typically experience foot pain while hiking, which has disappeared with these boots. Hoka Ora Recovery Slide 3 Zappos Whether you're staying comfy on the plane, relaxing at the hotel, or recovering from intense hikes, these slides will protect your foot health and keep you feeling supremely comfortable. They're one of Hoka's most popular styles and are currently available in sizes 10 through 14. Be sure to snag a pair while they're marked down to as low as $43. Hoka Transport Walking Shoes REI These shoes are designed for commuters, so they're built to handle the extensive walking that comes with travel. One reviewer who works on their feet all day attests that they are 'incredibly comfortable throughout the entire day,' adding that they receive compliments on the shoe's appearance, too. They also feature a convenient heel tab that makes them so easy to slip on and off at airport security. Hoka Speedgoat 6 Mid Gtx Trail Shoes REI The Speedgoat 6s are durable and waterproof, so they can take on tough trail conditions. They have an ankle collar to provide support and protection, plus heel bolsters to keep your foot securely in place. Bring these along for adventure-packed itineraries that include hikes or trail runs. Love a great deal? Sign up for our T+L Recommends newsletter and we'll send you our favorite travel products each week.
