Employee Mo Soto arranges a shelf at a Birkenstock store on October 10, 2023 in Venice, California. Ethan Swope | Getty Images Birkenstock on Thursday beat holiday quarter revenue expectations, reporting a 26% year-on-year jump, as the German sandal company benefited from higher pricing and rising U.S. demand. Here’s how the shoemaker did in its … Read more
A cargo ship crosses the Suez Canal, one of the most critical human-made waterways, in Ismailia, Egypt on December 29, 2023. Fareed Kotb | Anadolu | Getty Images The world’s largest shipping company, MSC, and several retail and trade experts warned Congress on Tuesday that if the Red Sea chaos caused by Houthi rebel attacks … Read more
Satisfaction Month merchandise is displayed at a Goal retailer on Could 31, 2023 in San Francisco, California. Justin Sullivan | Getty Pictures Even earlier than Satisfaction month was underway, it appears as if it was open season on firms celebrating the LGBTQ neighborhood. One after the other, firms have come beneath an increasing assault. Anheuser-Busch, … Read more