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Abercrombie & Fitch: Abercrombie has been filling its shelves with a fresh collection of styles, including dressy apparel and cargo pants, while also capitalizing on the demand for new denim silhouettes, as jeans become a post-pandemic workwear wardrobe staple. ....
The company is in the midst of a turnaround under the watch of new Tom Kingsbury, who has made leaner inventories and targeted discounts his top priority after taking over the Kohl s reins in February. ....
Estee Lauder: Major companies across the globe have taken a cautious stance regarding their bets on a rebound in China, as the world s second-largest economy struggles to revive demand and battles rising youth unemployment rates and a high cost of living. ....
Mrf: Tyre companies reaped the benefits of a fall in rubber prices, a key raw material for the industry, with prices having fallen by 20%-25% over the last year through May, according to HDFC Securities. ....
Uber s cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain its target to post operating income profitability this year. At the same time, the number of rides after the pandemic is growing. ....