The jeans maker posted a quarterly loss following a restructuring charge and raised its outlook for the year as it refocuses its business model toward its direct-to-consumer channel to offset declining wholesale sales.
Flexis, the electric-van joint venture formed by Volvo, Renault and CMA has named Philippe Divry as its chief executive.
Chinese liquor giant Kweichow Moutai says it is aiming for continuous sales growth this year after posting a 19% rise in 2023 net profit on stronger sales.
The Chinese e-commerce giant staged its second highest quarterly buyback on record, spending $4.8 billion on shares in the first three months of 2024.
The FTC chair, Stewart’s guest on “The Daily Show” on Monday, has been a strong critic of tech companies.
Silver Lake said the deal is the largest ever in the media and entertainment sector.