Gucci's anticipated 20% sales drop in the first quarter of 2024, attributed to an Asia slowdown, prompts parent company Kering to revamp management and introduce new collections.
Industry
Stellantis Uses 'Mandatory' Remote Work Day To Slash 400 US Salaried Workers Through 'Mass Firing' Call
Stellantis informed the affected workers of the mass lay-offs during a 'mandatory remote work day,' and attributed it to challenging market conditions.
Chick-fil-A Is Moving on From Antibiotic-Free Chickens This Spring
Chick-fil-A has announced a departure from its longstanding antibiotic-free chicken policy, citing supply chain reasons.
Alaska Airlines Passengers in Boeing's Door Plug Blowout Incident Could be Crime Victims, FBI Says
The passengers aboard the Alaska Airlines Boeing flight, which had a door plug blowout incident midair, received letters from the FBI that told them they might be victims of crimes.
Joe Biden's Rule Allowing Potentially Diseased Beef From Paraguay to Enter US Revoked by Senate
The Senate on Thursday passed a bill reversing the rule of the administration of President Joe Biden allowing beef imports from Paraguay, which has a history of cattle-borne diseases.
Latest News
Cathay Pacific is enhancing its inflight dining experience by collaborating with JIA Group's Michelin-starred French restaurant Louise to introduce a fresh perspective on traditional French cuisine.
Gold prices surged to a new all-time high on Thursday, and experts predict they will rise further. Gold prices surged to a new all-time high on Thursday, signaling a continued rally driven by some factors, such as increased bullion buying by central banks.
Target has begun implementing a new self-checkout policy nationwide, which restricts the number of items shoppers can process per transaction to 10.
Plaintiffs argue that Hermès restricts Birkin bag sales to high-volume buyers, violating antitrust laws.
TKO Group settles UFC class action lawsuits for $335 million, a landmark victory for fighters battling wage suppression and unfair employment practices.
Boeing revises its 2024 earnings outlook downwards as it plans to increase cash spending in the first quarter to address quality issues with its 737 aircraft, leading to a departure from the initial $10 billion estimate.
Following McDonald's recent technical incident, Greggs were similarly forced to close stores in the U.K. after a glitch affected their payment systems.
Tesla achieves milestones at Gigafactory Texas, producing 1,000 Cybertrucks worth of 4680 battery cells weekly, marking significant progress in meeting demand.
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
