Category: Business (Page 45)
American fashion house Calvin Klein is shutting down its luxury collection and plans to focus on its other lines, such as denim, underwear, and perfume.
Calvin Klein is closing…
Multinational fashion retailer Gap Inc. has announced its plans to restructure its organization.
The company made the announcement in late February. According to Gap Inc., it i…
Renowned toy company Lego returns to growth in 2018, a year after the company reported a drop in sales and revenue for the first time in 13 years.
After the slump in 2017, Lego…
The much-awaited release of Nike’s newest self-lacing shoes was met with tons of complaints from some unhappy consumers.
Dubbed “the future of sneakers,” the $…
A US-based delivery app will be revamping its system of tip distribution to employees.
Instacart, a grocery shopping and delivery app founded in 2012, announce…
General Motors Company (GM) will rehire some workers whom it had previously dismissed.
In the last few months, the automobile company had been laying off thous…
Online rental booking platform Airbnb has recently acquired Gaest.com [gest] in hopes of diversifying its services.
Airbnb…
Digital bank Tandem has reached half a million users in January, a year after it started its operations.
Tandem is a UK-based digital challenger bank—a startup financial compan…
Air France announced its plans to shut down its subsidiary airline called Joon after roughly a year of operations.
The French flag carrier first introduced Joon in July 2017. T…
A new wireless communication technology for cars was revealed in the recently held Consumer Electronics Show (CES) 2019.
The technology, called cellular vehicle-to-everything (…
