US Retail Sales Experience Significant Drop in May, With Silver Lining in Clothing Sector The recent report on US retail sales for the month of May has left economists and analysts pondering over the state of the economy. The figures show a decline in retail sales, marking the biggest drop in four months. This unexpected […]
Olaplex Sales Slide 9.8%, Specialty Retail Recovers
Olaplex Sales Slide 9.8% in Q4 as Specialty Retail Sector Recovers The biotechnology hair care company, Olaplex, recently reported a 9.8% decrease in sales, amounting to $100.7 million in its fourth-quarter earnings. This decline was primarily driven by a significant drop in professional sales. However, amidst this setback, there is a silver lining as the […]
US Retail Sales Broadly Advance, Capping a Solid Holiday Season
US Retail Sales Rise 0.4 Percent in December, Reflecting Strong Consumer Demand The latest data on US retail sales has painted a positive picture for the economy as sales saw a 0.4 percent increase in December. This uptick not only indicates robust consumer demand but also serves as a testament to the ongoing economic strength […]