Twitter to lay off 25% of workforce in first round of job cuts By Reuters Twitter Reuters Celebrity lawyer Alex Spiro, a long-time Musk legal representative, led the conversations about the job cuts, according to the report. Twitter had over…
Uniqlo owner set for record annual profit, but all eyes on China showing By Reuters API Japan’s Fast RetailingUniqlo The company, Japan’s biggest retailer, has posted strong performances in North America and Europe in the first three quarters of the…
ASOS signs fashion industry duo as non-execs ASOS has further strengthened its board with the appointments of industry heavyweights Natasja Laheij and Jose Manuel Martinéz Gutiérrez as Independent Non-Executive Directors. Both Asos Laheij, a former chief financial officer of Amazon…
Adidas forecasts high single-digit sales decline in 2023 By Reuters API Adidas Adidas The sporting goods maker said not selling its existing Yeezy Writing off the inventory altogether would lead to an additional 500 million euro drop in operating profit,…
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TikTok plans U.S. fulfilment centers Chinese short-video content platform TikTok is reportedly looking to rollout several fulfilment centers across the U.S., according to dozens of job postings on LinkedIn for roles in fulfilment. TikTok According to the job postings, the…
Nike appoints two new board members Nike J Balvin A media veteran, Gil is chief administrative and marketing officer of NBCUniversal Telemundo Enterprises. In this role, she leads the company’s brand development, digital marketing, and multichannel creative efforts, and has overseen numerous…
Alpine Group partners with HERFinance Textile innovation and apparel manufacturing group Alpine Group announced on Thursday a partnership with financial inclusion programme HERfinance on the launch of a new program to support women in global supply chains. Alpine Group partners…
Walmart launches sleepwear and intimates brand Joyspun Walmart announced on Monday the launch of a new modern brand of elevated sleepwear and intimates. Walmart launches sleepwear and intimates brand Joyspun. – Walmart Dubbed ‘Joyspun’, the brand was built with in-house…
Gymshark prepares to open first permanent store this weekend The big news about UK sports store openings in recent weeks may have focused on Battersea Power Station, but for GymsharkRegent Street Gymshark The 18,000 sq ft store (which took over…
