Lycra Company collaborates with Qore to make Lycra more eco The Lycra Lycra/Qore The deal will “enable the world’s first large-scale commercial production of bio-derived spandex using Qira, the next generation 1,4-butanediol (BDO), as one of its main ingredients”. It…
Ebay forecasts first-quarter revenue above estimates By Reuters Ebay on Wednesday forecast first-quarter revenue above Wall Street estimates on hopes that cost-conscious shoppers would be attracted towards its used and refurbished product category in the face of a looming recession.…
Gap Inc. is preparing a new round of redundancies Translated by Cassidy STEPHENS After having already announced almost 500 redundancies in September 2022, Gap Gap The layoffs concern employees from the San Francisco headquarters in California, but also employees from…
U.S. retail sales rise solidly; fourth-quarter GDP estimates raised By Reuters U.S. retail sales rose more-than-expected in October as households increased purchases of motor vehicles and a range of other goods, suggesting that consumer spending was picking up early in…
Hot Topic enters the metaverse on Roblox Hot Topic Hot Topic enters the Metaverse on Roblox. – Hot Topic The omni-channel merchandise destination for entertainment and music fans has launched a collection of Halloween-inspired virtual items on the global platform. …
THG hails progress despite investment meaning wider operating loss British online retail giant THG announced its interim results on Thursday and said it made “substantial progress” in the first half of the year as it continued to build “a strong,…
Wolford closes 2022 with 16% sales growth By DPA Translated by Cassidy STEPHENS According to still unaudited figures, the Austrian hoisery specialist achieved a turnover of 126.6 million euros in the 2022 financial year, an increase of 16 % compared…
US authorities act decisively to protect SVB’s and other banks’ deposits By AFP Translated by Nicola Mira On Sunday, US authorities announced a series of measures to reassure private individuals and businesses of the national banking system’s soundness, and will…
Roots partners with NewStore to digitally transform its omnichannel operations Canadian outdoor-lifestyle brand Roots Roots partners with NewStore to digitally transform its omnichannel operations. – Roots As part of the partnership, Roots is now using the NewStore order management and…
Hit by Covid wave, companies in China strain to keep operations running normally By Reuters API Fashion From e-commerce giant JD.com to cosmetics brand Sephora Reuters After unprecedented protests against oft-draconian Covid curbs, the world’s second-largest economy abruptly dropped its…
