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Tag: profits


News & Trends

Asos plots new model after profits dive 105%

October 19, 2022

Via: Charged

Asos has said it has committed itself to overhauling it business model after it plunged to an operating loss of almost £10 million for the year. Shares of the fast-fashion giant are down 80% this year, prompting new CEO José […]


E-commerce, Retail Types

Amazon shares dip 2% despite record quarter as it warns Christmas deliveries will be “tight”

October 30, 2020

Via: Charged

Amazon has seen its shares dip two per cent in morning trading after it warned that its Christmas quarter could be “tight”. The online retail behemoth spooked investors yesterday after it warned that it could struggle to meet demand for […]


E-commerce, Retail Types

Amazon doubles profits during lockdown posting best quarter in its history

July 31, 2020

Via: Charged

Amazon enjoyed its best ever quarter during lockdown, seeing its profits double and hit their highest level on record. Amazon’s sales jumped 40 per cent to $88.9 billion during its second quarter helping it achieve a net income of $5.2 […]


E-commerce, Retail Types

Alibaba smashes Q4 expectations and tops $1 trillion gross merchandise volume for first time

May 26, 2020

Via: Charged

Alibaba has smashed expectations during its fourth quarter seeing revenues and profits soar as lockdown forced shoppers online. The Chinese ecommerce giant “reported better than expected March quarter results”, after predicting at the end of the previous quarter that it […]


News & Trends

How retailers stay afloat during unprecedented mass closures

March 25, 2020

Via: Retail Dive

Across the U.S. this week, many thousands of stores and hundreds of malls lay dark, as the country tries to slow the spread of the novel coronavirus. Around 100 retailers have closed all or a significant fraction of their stores. […]