Less than two years after its US debut, Chinese e-commerce upstart Temu is attracting more repeat shoppers than eBay Inc., an e-commerce pioneer that has been …
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Pressures
Next Sales Rise as Inflation Pressures Ease, Maintains Forecast
Next Plc said first quarter sales were solid as easing price pressures boost shoppers’ desire to buy clothes and shoes. The British fashion and homewares …
The Year Ahead: Mapping the Next Wave of Supply Chain Pressures
Far from resolving in 2024, the fashion industry’s supply-chain volatility of the past few years is set to continue. Upstream apparel suppliers and manufacturers have …
T.J. Maxx Parent Raises Profit View as Cost Pressures Ease
TJX Companies Inc. lifted its annual profit forecast on Wednesday, banking on easing cost pressures to cushion a pullback in consumer spending on discretionary items. …
LVMH Announces Bonus Payment to Help Staff Tackle Inflation Pressures
French fashion giant LVMH announced a bonus payment for staff to help them cope with inflationary pressures, joining a growing list of blue-chip French companies …
JD Sports Cautious on Outlook as Cost Pressures Weigh
Britain’s biggest sportswear retailer JD Sports struck a cautious tone on Thursday amid concerns inflation could push up costs and as strikes at ports add …
Unilever Warns of More Price Hikes as Cost Pressures Build
Unilever raised prices by over 8 percent in the first quarter and warned more hikes were on the way as the maker of Dove soap and Ben & Jerry’s ice …