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Kim Bhasin
Posts
Nike to Cut 1,400 Jobs as Part of Its Turnaround Plan
Most of the layoffs will affect tech workers as the athletic giant tries to reverse a yearslong sales slump. It’s the second round of cuts…
Luxury Brands Bet on the Middle East. War Has Damaged Their Plans.
High-end brands such as Louis Vuitton and Hermès are looking to other regions as sales in Persian Gulf nations plummet.
America’s Furniture Stores Struggle to Survive a Frozen Housing Market
Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million
Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a…
Lululemon Scrambles to Revive Yoga Pants Empire Amid Fight With Founder
The interim chief executives are trying to rejuvenate sales as the founder, Chip Wilson, engages in a proxy battle for the boardroom.
Lululemon Scrambles to Revive Yoga Pants Empire Amid Fight With Founder
The interim chief executives are trying to rejuvenate sales as the founder, Chip Wilson, engages in a proxy battle for the boardroom.
24 Hours With Nike’s C.E.O. as He Races to Win Back the Sports World
Elliott Hill is traveling the globe to meet with leagues, teams and athletes to rebuild connections and spur a turnaround for the world’s largest athletic-wear…
Home Depot Says Homeowners Are Weary From Economic Pressures
Sales fell at the home-improvement retailer, as homeowners shied away from big-ticket home improvement projects amid worries about housing costs and the job market.
What’s Happened Since the Supreme Court’s Tariff Ruling
After the Trump administration’s punishing tariffs were invalidated, the president said he would impose new tariffs using a different authority. It’s been a whirlwind.
Walmart Expects Growth Streak to Continue as New Chief Takes Over
Shoppers are turning to Walmart to stretch their dollars, but an uncertain economy and trade tensions will test the retailer’s new executive team.
