TechCrunch
FEBRUARY 24, 2023
Fashion layoffs : Secondhand apparel marketplace Poshmark is now laying off employees just two months after being acquired by Naver, Kate reports. TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. net loss for Q4 2022 by Christine Hall originally published on TechCrunch
CIO
APRIL 19, 2023
Retail customers are looking to achieve net zero goals by creating sustainable value chains and reducing the environmental impact of their operations,” says Marianne Röling, Vice President Global System Integrators, Microsoft. “TCS’ With 5G-enabled smart mirrors, a person can virtually try on apparel.
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TechCrunch
DECEMBER 7, 2020
Trey Laird, who founded the startup with trainers Akin Akman (chief fitness officer) and Angela Manuel-Davis (chief motivation officer), told me that within 48 hours, the strategy shifted online, starting with fitness classes via Instagram Live — something it continues to offer, while also launching a digital subscription program over the summer.
TechCrunch
DECEMBER 21, 2021
To do that, and invest in technology development, growing the team and introducing and scaling its doorstep returns program, the company announced $125 million in Series A funding that valued the company at $1 billion. It is already working in 14 U.S. markets, but plans to grow to 50 markets by the end of 2022.
Capgemini
JUNE 11, 2020
I have been engaged in the retail industry for 16 years, and I think it has been hit the hardest: millions of jobs lost, an estimated $430 billion downturn in retail revenue according to NRF estimates , 58% reduction in foot traffic across retail industries, and a more than 37% drop in online sales for apparel and footwear.
BrainStation Technology
FEBRUARY 21, 2020
Consider the recreational apparel company Outdoor Voices, which has stores and pop-ups in cities around the U.S., Loyalty programs. According to BCG’s numbers, 130 million Americans are now members of a restaurant loyalty program, more than twice as many as in 2015. It’s funny, we actually don’t call them ‘stores’ anymore.
Strategy Driven
AUGUST 18, 2021
The company persuades and empowers its employees to participate in the green programs and become part of the change. Thus, they are working towards making their apparel and accessories more sustainable. Retaining a valued workforce is thus also less of a hassle if the company has a positive image in the market.
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