Amazon to cut 18,000 jobs as layoffs expand in tech sector By Reuters AmazonAndy Jassy Reuters The layoff decisions, which Amazon will communicate starting Jan. 18, will largely impact the company’s e-commerce and human resources organizations, he said. The cuts…
Mexico antitrust body probes Walmex ‘monopolistic’ moves, shares slump By Reuters Mexico’s antitrust watchdog, Cofece, on Monday said it has summoned a supermarket retailer to face allegations of imposing prices and terms on its suppliers or distributors, after Walmart de…
Esprit launches London and New York innovation hubs Esprit Esprit As part of its wider strategy, the brand has been moving key functions to strategic locations, “creating a truly global presence”. It said the two metropolises are global cities “with…
Hera names rapper J Fado as first global ambassador UK streetwear brand Hera Clothing has appointed its first global ambassador — British rapper J Fado. It’s part of the label’s “new journey to create and foster meaningful relationships with ambassadors…
Salsa Jeans rediscovers core identity with global expansion goals Translated by Roberta HERRERA Established in 1994 as a denim-centric company, Salsa Being able to transform an idea into a garment in the same day, thanks to the consolidated infrastructure of…
Alanui launches high-end knitwear line Translated by Nicola Mira AlanuiPalm AngelsOpening Ceremony A look from the Alanui Finest knitwear line – Alanui The line’s first men’s and women’s collection is perfectly aligned with the quiet luxury mood ubiquitous on the…
Lululemon’s SP 500 addition stands to bolster stock domination By Bloomberg Lululemon Vuori The stock rose as much as 10%, its largest intraday gain in more than four months, after an announcement Friday that the company will join the major…
Being a fashion editor is a dream job, but something that’s not-so-dreamy about it is the pressure it can come with. Since I literally write about what to wear for a living, I always feel like I should be dressed…
Maje taps Archive for US resale debut French fashion brand Maje Maje Dubbed ‘Maje Secondhand’, the in-house peer-to-peer resale platform gives customers the ability to list their preloved Maje pieces alongside past season’s clothing for others to shop. Clients can either receive…
Dick’s Sporting Goods acquires Moosejaw from Walmart Dick’s Sporting Goods announced on Wednesday an agreement to acquire outdoor retailer Moosejaw from Walmart. Dick’s Sporting Goods acquires Moosejaw from Walmart. – Dick’s Sporting Goods The deal, expected to close in March…
