KEY POINTS E.l.f. Beauty, the viral cosmetics brand beloved by young consumers, raised its guidance for the third time in a row on Tuesday after it posted 85% sales growth during its holiday quarter. The company saw torrid revenue growth even as it faced tough comparisons. The jump came on the heels of a 49% sales increase…
Month: January 2024
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Levi Strauss plans to cut at least 10% of its global corporate workforce in restructuring KEY POINTS Jeans are displayed at a Levi Strauss store in New York, March 19, 2019. Shannon Stapleton | Reuters Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel retailer…
The 8 Hot Consumer Electronics Stories of 2023
2023 plants the seeds for trends set to grow rapidly next year Twenty-twenty-three was a transitional year for consumer electronics. It’s the year Twitter became X; the year Apple teased (but didn’t deliver) the next generation of augmented reality; the year drivers became both more aware and less optimistic of self-driving technology; the year COVID-19’s disruptions finally settled…