It looks like it’s all over for influential occasionwear label The Vampire’s Wife with the tough wholesale market apparently driving the final stake through the heart of the popular brand. The Vampire’s Wife x Globe-Trotter Founded a decade ago by ex-model Susie Cave, the business has now ceased trading with the firm saying in a [...]read moreThe Vampire’s Wife packs its bags as wholesale woes strike final blow
Kontoor Brands on Thursday said revenue for the first quarter fell 5 percent to $631 million, hit by retailer inventory management actions in the U.S., a decrease in seasonal product sales, and lower international sales, particularly in Europe. Wrangler U.S. revenue fell 5 percent $492 million, with U.S. wholesale revenue falling 6 percent. Growth in owned [...]read moreKontoor sales dip on inventory woes and Europe, raises full-year earnings outlook on improved margins
By Bloomberg Published Apr 24, 2024 Kering SA warned that profit will plunge in the first half of the year after wealthy shoppers curbed spending on Gucci products. See catwalkGucci – Fall-Winter2024 – 2025 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight Recurring operating income will drop between 40% and 45% in the first six [...]read moreKering warns profit to tumble following Gucci woes in China
Tech firms such as Meta, Amazon, Salesforce and Google are offloading office space and letting leases expire. 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. Big tech companies are cutting back on their [...]read moreBig Tech Loses Its Appetite For Office Space, Adding To Landlords Woes
The honeymoon phase for Tekken 8 players has ended. After all he positive buzz Bandai Namco’s latest 3D brawler received following its January 26 launch, the game is slowly spiraling down the drain as its Steam rating has dropped from “mostly positive” to “mixed” now that its controversial battle pass is out. What’s Coming Out [...]read moreTekken 8 Players Drag Steam Rating Down After Battle Pass Woes
Migrant workers are a critical labor force for U.S. farms, but getting them here on proper H-2A visas can be complicated, and the compliance surrounding these employees is taxing for farms. Seso was founded five years ago to help streamline that process and now looks to expand into a one-stop-shop HR platform for the agriculture [...]read moreSeso is building software to fix farm workforces and solve agriculture’s HR woes
Alex Chatzieleftheriou founded Blueground in 2013 after being frustrated with the dearth of short-term furnished apartments in Europe. He had been traveling as a consultant for McKinsey, living almost exclusively in hotel rooms for months. “One time the company had to pay up to €15,000 for a hotel room in Amsterdam. And there wasn’t enough [...]read moreFurnished rental startup Blueground defies proptech woes with $560M in revenue, a new $45M raise
Jesse Lally and Michelle Lally‘s marriage woes are playing out on The Valley. The reality stars announced their separation ahead of the Vanderpump Rules spinoff’s premiere, and now that episodes are airing, fans are getting a look at what led to the breakdown of their relationship. When ET’s Brice Sander spoke to the duo at the show’s premiere, [...]read moreHow Michelle and Jesse Lally’s Marriage Woes Played Out on ‘The Valley’ Before Separation News
One by one, the crate doors swing open and five Arctic foxes bound off into the snowy landscape. But in the wilds of southern Norway, the newly freed foxes may struggle to find enough to eat, as the effects of climate change make the foxes’ traditional rodent prey more scarce. In Hardangervidda National Park, where the foxes have [...]read moreNorway gives Arctic foxes a helping hand amid climate woes | Climate
General Motors‘ Cruise saw its internal employee share price cut by more than half from a quarter ago as the fallout from an October accident continues to weigh on the self-driving car company. Cruise employees were told the share price had been estimated by a third party at $11.80, according to an email viewed by [...]read moreGM’s Cruise valuation slashed by more than half, adding to woes