Wendy’s, the second-largest fast food chain in the US, has announced that it will start testing a variable pricing model in 2025, in which the prices...
Category: Business
Dr. Martens welcomes Giles Wilson as its new chief financial officer
Dr. Martens plc, the iconic footwear brand, has announced that Giles Wilson has joined the business and board as its chief financial officer (CFO). Wilson, whose...
Superdry in Talks with US Investor to Go Private, Reports Say
Superdry, the British fashion retailer, is reportedly in talks with a US investor, Davidson Kempner, to take the company private, according to media reports. The talks...
Guess and WHP join forces to buy New York fashion brand Rag & Bone
Guess, the American denim and apparel company, and WHP Global, the brand management firm, have announced a deal to acquire Rag & Bone, the New York-based...
HanesBrands reports lower sales in Q4, Champion brand suffers
HanesBrands, the US-based apparel maker, has reported a 12 percent decline in its net sales for the fourth quarter of 2023, compared to the same period...
Joe Browns appoints new CEO from La Redoute
Joe Browns, a fashion and lifestyle retailer based in the UK, has announced the appointment of Dawn Bannerman as its new chief executive officer. Bannerman joins...
CTIA Records Highest Growth in Travel Industry
The travel association reports a 25% increase in revenue in 2023 CTIA, the trade association representing the U.S. wireless communications industry, has announced its financial results...
Boeing Faces Multiple Problems with Its 737 Max Jets
The aircraft maker struggles to restore confidence and demand Boeing (BA), the world’s largest aerospace company, is facing multiple problems with its 737 Max jets, which...
Lyft beats earnings expectations and sees revenue growth in Q4
Lyft, the ride-hailing company, reported better-than-expected earnings and revenue growth for the fourth quarter of 2023, despite the challenges posed by the Covid-19 pandemic. The company...
Instacart cuts 250 jobs and reshapes its organization
Instacart, the leading grocery delivery company in the US, has announced that it will lay off about 250 employees, or 7% of its global workforce, as...