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Praveen Paramasivam

From the author

Stitch Fix to cut salaried workforce by 15 per cent

Stitch Fix says it is reducing its workforce by around 15 per cent of salaried positions, as the online personalised sty...

Yum China sales suffer as Omicron cases surge

The restaurant chain recorded a 1 per cent fall in same-store sales last year, an improvement from the 9 per cent declin...

Ukraine war to sully clothes sales from Levi to Ralph Lauren

American clothes firms' European businesses were just recovering from two years of pandemic restrictions.

Nike buys virtual sneaker maker RTFKT in metaverse push

Formed in 2020 by Benoit Pagotto, Chris Le and Steven Vasilev, RTFKT also makes NFT collectibles and memes, according to...

Gap set to shine as shoppers return to ’embrace summer’

Its tie-up with rapper Kanye West also brought in a windfall for the retailer.

Abercrombie sales soar after online focus, store reopenings

Abercrombie, largely reliant on younger customers, also said it expected a more normal back-to-school selling season thi...