Express, Apparel Retailer, Files for U.S. Bankruptcy
April 23, 2024 : Faced with mounting financial pressures, prominent American apparel retailer Express Inc. has filed for Chapter 11 bankruptcy protection
Amazon Launches Shoppable, Ad-Supported Channel on Prime Video, Freevee
April 22, 2024 : In a strategic move designed to further blur the lines between entertainment and commerce, Amazon has unveiled a novel shoppable channel
Adidas Surges 8% on Surprise Outlook Hike, Q1 Profit Boost
April 19, 2024 : In a positive development for investors, Adidas AG (ADS) shares surged by 8% on Wednesday following the announcement
Adidas Raises Yearly Guidance with Boost from Yeezy Sales
April 18, 2024 : In a positive development for investors, Adidas AG, a leading sportswear manufacturer, announced an upward revision to its full-year financial guidance.
Retail Realities: Debunking Common Myths About the Industry
Retail, often seen as the heartbeat of commerce, pulses with misconceptions and myths that obscure its true nature and potential.
Billy Reid Acquires Knot Standard’s DTC Business
In a move that strengthens its retail presence and expands its made-to-measure offerings, American fashion house Billy Reid announced the acquisition
Walmart Marks, 51st Year of Increases, Raises Annual Dividend by 9%
February 21, 2024 : Buoyed by the enduring popularity of its iconic clogs, Crocs Inc. has reported another banner year, shattering its revenue records
Crocs Achieves Record Annual Revenue, Nearing $4B Milestone
February 20, 2024 : Buoyed by the enduring popularity of its iconic clogs, Crocs Inc. has reported another banner year, shattering its revenue records
Nike Initiates Workforce Restructuring, Plans 2% Employee Layoff
February 19, 2024 : In a move designed to streamline operations and reignite growth, sportswear giant Nike has announced a planned workforce
Jeff Bezos Offloads Over $2 Billion in Amazon Stock
February 15, 2024 : In a move fueling speculation about future investment plans, e-commerce titan Jeff Bezos has executed the sale of over $2 billion worth of Amazon stock.
