Key Takeaways: JD.com reported a profit of 7.1 billion yuan for the first quarter, up nearly 13% year-on-year Many investment banks upwardly revised their...
Converse footwear brand is reportedly cutting jobs as parent company Nike Inc. NKE continues its cost-saving measures by reducing its workforce. Nike is implementing a $2 billion plan to...
Skechers Inc. SKX and Super League Enterprise Inc SLE are launching a virtual store in Roblox Corp’s RBLX Livetopia’s Topia Mall. The aim is to engage...
Planet Fitness, Inc. PLNT shares are trading higher on Thursday after reporting first-quarter results. The company reported adjusted earnings per share of 41 cents, missing the street view of...
Tapestry Inc TPR reported a third-quarter FY24 sales decline of 2% year-on-year to $1.482 billion, missing the analyst consensus estimate of $1.498 billion. Excluding a currency headwind of...
Thursday, The Beachbody Company Inc BODI announced a strategic partnership with Dr. B, a telehealth provider that offers $15 online consultations for common conditions in all 50 U.S. states. The...
Adient PLC ADNT has put forward restructuring plans in Europe to reduce operating, administrative and engineering costs. The plan primarily consists of workforce reductions and the transfer of work to countries...
Hibbett, Inc. HIBB shares are trading higher by 18% in the premarket session on Tuesday. Hibbett announced a definitive agreement in which JD Sports Fashion PLC JDSPY will acquire Hibbett for...
Nike, Inc. NKE is reportedly set to cut around 740 jobs at its Oregon headquarters, aiming to trim expenses following a projected revenue decline in the first half...
The job market is in flux in the U.S. right now, experiencing layoffs while the labor market has reported the highest payroll additions in the last...