Uniqlo Owner’s Profit Falls Short of Expectations as Weak China Sales Impact Fast Retailing’s Earnings Japanese retail giant Fast Retailing, the parent company of popular apparel brand Uniqlo, recently announced its third-quarter earnings, which unfortunately fell below market estimates. The primary reason behind this unexpected downturn in profitability was attributed to a notable decline in […]
Turkey sets sights on DeFi platforms after PancakeSwap ban
Turkey Sets Sights on DeFi Platforms After PancakeSwap Ban The cryptocurrency landscape is constantly evolving, with new regulations and bans being implemented by governments worldwide. Recently, Turkey made headlines by banning the popular decentralized exchange PancakeSwap. This move has sparked concerns among DeFi platforms operating in the country, as non-custodial wallets and DEXs could also […]
Amazon Prime Day Sales Plunge 41% in First Day of Four-Day Event
Amazon Prime Day Sales Plunge 41% in First Day of Four-Day Event Amazon Prime Day, the highly anticipated annual event known for its massive sales and deals, kicked off to a surprising start this year. The e-commerce giant saw a significant 41% plunge in sales during the first day of the four-day event, leaving both […]
Over 2.3 million users hit by Chrome and Edge extension malware
Over 2.3 Million Users Affected by Chrome and Edge Extension Malware In a recent discovery by researchers, it has been revealed that over 2.3 million users have been impacted by malicious malware found in 18 popular browser extensions. The extensions, which were designed for Google Chrome and Microsoft Edge browsers, were found to be silently […]
Gymshark Lays Off 65 US Employees
Gymshark Lays Off 65 US Employees In a recent turn of events, UK-based activewear brand Gymshark has decided to lay off 65 employees at its US offices in Denver. This move comes as part of a restructuring effort aimed at streamlining operations and optimizing efficiency in the competitive retail landscape. The decision, while undoubtedly a […]
Swiss Sneaker Company On Reports Record Quarterly Revenue of $560 Million
Swiss Sneaker Company Achieves Record Quarterly Revenue of $560 Million Swiss sneaker company, renowned for its innovative designs and high-quality products, has recently made headlines by announcing a record-breaking quarterly revenue of $560 million. This impressive feat was achieved thanks to the brand’s fast-growing direct-to-consumer (DTC) sales, which played a significant role in exceeding Wall […]
Shein Files for Hong Kong IPO to Save London Listing, FT Reports
Shein Files for Hong Kong IPO to Save London Listing, FT Reports The global fashion powerhouse Shein has made headlines once again, this time by reportedly filing for an initial public offering (IPO) in Hong Kong. This strategic move aims to expedite its listing process and possibly sway British regulators to greenlight its much-anticipated debut […]
Amazon Prime Day Set to Lift US Online Sales to $23.8 Billion, Adobe Estimates
Amazon Prime Day Set to Lift US Online Sales to $23.8 Billion, Adobe Estimates Amazon Prime Day is just around the corner, and the anticipation is building as e-commerce giant Amazon gears up for its annual sales event. According to Adobe Analytics, online sales in the United States from July 8 to 11 are projected […]
New digital stylist reshapes Mango’s e-commerce experience
New Digital Stylist Reshapes Mango’s E-Commerce Experience In the realm of fashion e-commerce, the landscape is constantly evolving, with brands seeking innovative ways to enhance the shopping experience for their customers. Mango, a popular fashion chain, has recently made waves by introducing a new digital stylist that is revolutionizing the way customers interact with their […]
Beware of fake deals as Prime Day approaches
Beware of fake deals as Prime Day approaches As the highly anticipated Prime Day approaches, online shoppers are gearing up for exclusive deals and discounts on a wide range of products. However, amidst the excitement and frenzy of snagging the best bargains, there is a lurking threat that consumers need to be wary of – […]