Bumble to lay off 30% of global workforce as dating apps struggle
Bumble (BMBL.O) said on Wednesday it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to…
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Lululemon shares plunge 23 per cent after hours on weak guidance
Vancouver-based apparel retailer had a good first quarter, ended May 4, but weak guidance and same-store sales growth likely dampened…
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Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad
Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022…
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Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings (PDD.O) saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion)…
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Love in the time of loneliness
Good men are harder than ever to find. Which is good news for good men. This past summer, I experienced…
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Under Armour to hike prices amid tariff woes after quarterly revenue beat
Sportswear maker Under Armour (UAA.N) said on Tuesday it plans to raise prices on some of its products to cushion a hit from…
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