Tag: hit

They Weren’t Yet in School When COVID Hit. The Pandemic Still Set Back the Youngest Students.

It’s also possible that schools targeted more academic support to older children and teens. “We can see it as a call to action to make sure that we, as an educational community, are prioritizing those early grades,” Huff said. Those are critical years when children learn their letters and numbers and start reading and counting. [...]read moreThey Weren’t Yet in School When COVID Hit. The Pandemic Still Set Back the Youngest Students.

Roots Q1 sales hit by DTC

Canada’s Roots on Tuesday said sales were down 9.7 percent to $37.5 million in the first quarter, thanks to lower direct-to-consumer (DTC) sales during the three months. Roots The lifestyle brand said DTC sales, made up of retail store and e-commerce sales, were $31.4 million, down 11.3% year-over-year, driven by lower markdown sales, as a result of improved [...]read moreRoots Q1 sales hit by DTC

National Rents Hit Highest Level Since 2022 Despite More Inventory

The median United States asking rent rose 0.8 percent year over year in May to $1,653, the highest it’s been since October 2022. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. United States [...]read moreNational Rents Hit Highest Level Since 2022 Despite More Inventory

Post-Brexit UK sales to EU plunge, fashion is worst hit

The bad news is that British retail sales to the EU have plummeted by almost £6 billion since Brexit. The worse news is that fashion has been particularly hard hit with a drop of more than 60%. Shutterstock That’s according to a new study from economics research consultancy Retail Economics and DTC e-commerce platform Tradebyte. [...]read morePost-Brexit UK sales to EU plunge, fashion is worst hit

Boohoo hit by investor lawsuit over statements on Leicester manufacturing scandal

Boohoo’s troubles continue to surface. The once-dominant fast-fashion retailer is now facing a lawsuit related to historical claims of worker mistreatment and factory violations at manufacturing ops it used in Leicester. Boohoo The original claims by the Sunday Times back in 2022 led to a Boohoo share-price collapse, wiping more than £1.5 billion off the [...]read moreBoohoo hit by investor lawsuit over statements on Leicester manufacturing scandal

Apartment Investing Took a Huge Hit, Is a Comeback On the Way?

Almost overnight, multifamily investing went from red-hot to something not even the most experienced investors would touch. After interest rates went up, rent growth stalled, and apartment supply flooded the market, the apartment investing industry became the ugly duckling of real estate. Owners struggled to get tenants and had huge balloon payments due, and no [...]read moreApartment Investing Took a Huge Hit, Is a Comeback On the Way?

Home Prices Hit Another Record: Are Americans Still Right?

Home prices are still soaring as they hit a new record high, despite high mortgage rates and low inventory dampening demand. At some point, this unaffordable housing market must make Americans even a bit bearish on real estate, right? Well, maybe not, according to a new survey that shows what Americans view as the best [...]read moreHome Prices Hit Another Record: Are Americans Still Right?

Home Prices Hit Record High For The Sixth Time In 12 Months

National home prices jumped 6.5 percent in March from a year earlier to a new record high with the Northeast leading regionally. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Home prices hit [...]read moreHome Prices Hit Record High For The Sixth Time In 12 Months

Revenues at Ferragamo down 17% in Q1, hit by China

By Reuters API Published May 9, 2024 Revenues at Italian luxury group Salvatore Ferragamo fell 16.6% at constant exchange rates in the first quarter, with China proving difficult and amid a general slowdown in sales in all geographies and channels. See catwalkFerragamo – Fall-Winter2024 – 2025 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight “Over [...]read moreRevenues at Ferragamo down 17% in Q1, hit by China

Calvin Johnson Says He Could Be Pro Golfer, ‘I Hit More Than My Share Of Shots’

Play video content TMZSports.com Did you know Megatron could transform into a PGA Tour golfer in retirement? It’s true … at least that’s according to Calvin Johnson himself, who tells TMZ Sports he’s that good with a club in his hands!!! The former Detroit Lions superstar is adamant he could make a real run at [...]read moreCalvin Johnson Says He Could Be Pro Golfer, ‘I Hit More Than My Share Of Shots’