Victoria’s Secret Announces Corporate Shakeup, Lays Off 5 Pct Of Staff
Victoria’s Secret & Co. is merging its Victoria’s Secret, Pink lingerie operations and beauty business into “a single, collaborative organization.” The move to streamline the
Victoria’s Secret & Co. is merging its Victoria’s Secret, Pink lingerie operations and beauty business into “a single, collaborative organization.” The move to streamline the
Walmart has agreed to buy at least 4,500 electric delivery vans from Canoo, an electric vehicle startup. Additionally, the retail giant may consider buying as
Peloton is planning to fully outsource its manufacturing operations as the company looks for ways to cut costs and improve profitability. The announcement marks a
TikTok has launched a multi-channel educational program called Follow Me to help small and medium-sized businesses (SMBs) create connections, engage with the platform’s massive audience
Dollar General has revealed that its chief executive officer (CEO) Todd Vasos is planning to retire on November 1, 2022. Vasos joined Dollar General in
LVMH’s Sephora is selling its business in Russia, becoming the latest major Western brand to exit the country. The business is being sold to Sephora’s
Buy now, pay later (BNPL) provider, Klarna, has raised $800 million at a valuation of $6.7 billion, marking an 85% drop since June 2021. In
German union Verdi has asked warehouse employees at seven distribution centers to go on strike to protest Sunday evening’s night shift. The strike will coincide
Los Angeles-based footwear brand K-SWISS has signed a multi-year agreement with McLaren Racing to develop a collection that will encapsulate the brands’ sophistication and longevity
Gap has revealed that its chief executive officer (CEO) and president Sonia Syngal is stepping down after working nearly 18 years for the company. “Leading