Amazon Removes Diversity References as Companies Scale Back DEI Policies In a surprising move, major US companies such as Amazon, Meta, and Disney have been recently reported to be scaling back their diversity, equity, and inclusion (DEI) policies amid mounting political and legal pressures. Among these companies, Amazon has particularly stood out by removing diversity […]
Zegna Group Returns to Growth in Fourth Quarter
Ermenegildo Zegna Group Returns to Growth in Fourth Quarter Italian luxury fashion house Ermenegildo Zegna Group has made a remarkable comeback, showcasing a return to growth in the fourth quarter. This resurgence comes as a beacon of hope and resilience in the challenging landscape of the fashion industry, marking a significant milestone for the renowned […]
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market Associated British Foods Plc, the owner of the popular fast-fashion retailer Primark, recently made headlines by lowering its sales growth forecast. The company cited weak UK consumer sentiment as a primary factor contributing to this adjustment, alongside a significant 6.4 percent drop in like-for-like sales during […]