Amazon raises hourly pay for warehouse and transportation workers By Reuters Amazon Amazon said the pay hikes would cost the company nearly $1 billion over the next year – Amazon The wage hike would help the company attract and retain…
Aigle takes to the rooftops of Paris for its first fashion show Translated by Cassidy STEPHENS For AigleParis Fashion WeekCentre Pompidou Aigle SS23 – Aigle For this event, the Etudes “The brand will be 170 years old in 2023 and…
Aritzia Q2 comp sales, revenues climb Canadian fashion retailer Aritzia announced on Wednesday a 50% surge in net revenues for the second quarter, due to strong growth across all channels and geographies. Aritzia Q2 sales, revenues climb. – Aritzia The…
Walmart cuts jobs at corporate level – report By Reuters Walmart Inc is cutting hundreds of corporate roles in a restructuring effort, the Wall Street Journal reported on August 3, citing people familiar with the matter. Archivo Around 200 jobs are…
Amazon abandons live tests of Scout home delivery robot By Reuters Amazon Amazon The company is now scaling back or “reorienting” the program, and it will work with the involved employees to match them to other open roles within the…
Kohl’s slashes 2022 forecasts as inflation squeezes demand By Reuters Kohl’s Kohl’s The US department store chain joined top retailers including Target The demand slump has left several retailers with bloated inventories, forcing them to offload excess stocks through steep…
Puma reveals its second collaboration with singer Dua Lipa Three months after the revelation of the first part of the collaboration entitled “Flutur” between singer Dua Lipa and the German brand Puma Dua Lipa and Pume reveal their second drop…
Hotter owner Unbound sees sales growth as shopper category interest normalises Unbound Group — best known as the owner of the Hotter Hotter For the six months to 31 July, it saw “continued growth and strategic progress in a challenging…
Victoria’s Secret sales miss on ‘decelerated’ customer traffic, comps plunge Victoria’s Secret & Co. announced on Wednesday revenues for the second quarter decreased by single digits during the three months ending July 30, on the back of lower consumer traffic…
China’s JD.com says worst is over for consumer demand By Reuters E-commerce firm JD.com Inc, posted an 11.4% rise in third-quarter revenue on Friday, beating analysts’ estimates as Covid-19 lockdowns in China led more consumers to shop online. Reuters U.S.-listed…
