Tag: reduces

Ralph Lauren reduces its absolute emissions by 33%

Published September 18, 2024 Ralph Lauren has reduced its absolute emissions by 33% compared to 2020, according to its 2024 Global Citizenship & Sustainability Report released on Wednesday. Ralph Lauren reduces its absolute emissions by 33%. – Ralph Lauren The report, which provides an in-depth look at how the brand is driving progress toward its [...]read moreRalph Lauren reduces its absolute emissions by 33%

Tesla reduces FSD price, discontinues Enhanced Autopilot in US, still available in Malaysia for RM16k

Tesla has discontinued the US$6,000 Enhanced Autopilot option in the US, leaving only Full Self Driving available for purchase. In turn, FSD’s pricing has been reduced from US$12,000 to US$8,000. FSD has undergone various price revisions over the years, starting off at US$5k in 2019 before reaching a peak of US$15k in 2022. It was [...]read moreTesla reduces FSD price, discontinues Enhanced Autopilot in US, still available in Malaysia for RM16k

Moschino reduces stake in joint venture with Altana for junior line

Translated by Nicola Mira Published Mar 28, 2024 Italian fashion group Aeffe has announced a new financial operation regarding Moschino. The latter has sold a 15% stake in Moschino Kids to its partner Altana Società Benefit, but remains a majority shareholder in the company the two partners set up in September 2022 to develop and [...]read moreMoschino reduces stake in joint venture with Altana for junior line

Jumia reduces losses by over 90% amid focus on restoring order and GMV growth

In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100-120 million in Q1, $90-100 million in Q2, and $80-90 million in Q3, aiming for a 57-61% year-over-year reduction if met. The company exceeded these expectations and significantly outperformed in that regard. It ended the year with $58.2 million in adjusted EBITDA loss, marking a [...]read moreJumia reduces losses by over 90% amid focus on restoring order and GMV growth