Facebook-owner Meta releases first human rights report By Reuters API Facebook owner Meta released its first annual human rights report on Thursday, following years of accusations that it turned a blind eye to online abuses that fueled real-world violence in…
SCAD names new dean of fashion The Savannah College of Art and Design (SCAD) School of Fashion has named Dirk Standen as its new dean. SCAD names new dean of fashion. – Facebook: SCAD Museum of Fashion and Film In…
Target CEO Cornell to stay three more years in bid for stability By Reuters Target Reuters Cornell, 63, has served as Target’s CEO since 2014 helping beef up the company’s online shopping and delivery operations to keep pace with larger…
Foot Locker earnings, sales exceed expectations; updates 2022 guidance Foot Locker Foot Locker The U.S. specialty footwear retailer said total sales during the quarter decreased by 0.7%, to $2.17 billion, compared with sales of $2.19 billion in the third quarter of 2021. Excluding…
JP Morgan is now Boohoo’s second-biggest shareholder JP Morgan has become the second-largest Boohoo The move means JPM is now the largest institutional investor in the group as T Rowe Price International cut its stake in boohoo to 5% from…
Ecoalf opens its first flagship store in Milan Translated by Roberta HERRERA Just a few days after opening its Madrid shop in Caleido, the Spanish sustainable company has landed in the centre of Milan with a boutique located in Piazza…
China’s textile industry faced with renewed lockdown threats Translated by Nicola Mira On Tuesday August 30, some of China’s mega-cities have introduced new lockdowns lasting several days, an attempt to fight the pandemic that is consistent with the ‘zero Covid’…
Adidas ends Kanye West partnership over antisemitism, hate speech By Reuters Adidas is terminating its partnership with Kanye West GETTY IMAGES NORTH AMERICA/AFP/Archives “Adidas does not tolerate antisemitism and any other sort of hate speech,” the German company said. “Ye’s recent…
PVH reports declining sales on U.S. supply chain woes; Americas, Calvin Klein chief steps down PVH Calvin Klein The New York-based company said second-quarter revenue decreased to $2.132 billion compared to $2.22 billion in the prior year period. Direct-to-consumer revenue decreased 5% compared to the prior…
Perfect Corp 2022 revenues surge 16%, losses widen Perfect Corp Perfect Corp The New Taipei City, Taiwan-based company said the double-digit revenue hike came on the back of an increase in AR/AI cloud solutions and subscription revenues during the twelve months…
