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…
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…
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)…
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…
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…
Bumble reassures investors as first-quarter revenue meets expectations
Bumble (BMBL.O) reported a more than 7% fall in first-quarter revenue on Wednesday, but met Wall Street estimates…
How Industries Managed the Tariff Situation in April
Last month saw a flurry of activity taking place in response to the on-again/off-again tariff situation…
How Tariffs Could Disrupt Semiconductor Supply Chains and Operations
Lately, all eyes have been on U.S. trade policy. In recent months, the threats and implementations of tariffs on products….
Lululemon leans on newness to lure reluctant US customers
This year the brand plans to expand its footprint by opening stores and enlarging existing locations, and will add new markets abroad…
Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad
PDD Holdings (PDD.O), which operates e-commerce platforms Pinduoduo and Temu, missed market estimates…