The Fort Myers, Florida-based womenswear retailer announced first-quarter sales of $388.0 million on Tuesday, an increase of 38.4% year over year, which also beat analysts’ estimates of $321.0 million.
G7 states have found a way to include Amazon on a list of 100 set to face higher taxes in the countries where they do business by targeting its more profitable cloud computing unit, officials close to the talks said.
U.S. tech giant Amazon plans to invest 2.5 billion euros ($3.04 billion) in new data centres in the Spanish northern region of Aragon that will open in mid 2022, the company said on one of its websites on Monday.
The UK fashion industry is on notice. The government is launching a major initiative to crack down on workplace abuse, with particular attention to garment production, in a bid to improve and protect workers’ rights.
Copenhagen Fashion Week’s return to a physical format for SS22 comes with a strong line-up of labels showing at the event from August 10-13. There will be 38 labels showing, including established names and new talent.
Fashion was a major contributor to rising consumer spending in May, two reports showed on Tuesday. Both Barclaycard and the BRC/KPMG sales monitor showed that British shoppers were in the mood to update their wardrobes.