Levi Strauss delivered mixed quarterly results and said it was looking to sell its Dockers business. The jeans maker is seeing strong gains in its namesake brand and Beyond Yoga, but sales at Dockers fell 15% during the quarter. Levi’s focus on direct sales, plus lower cotton costs, saw its gross margin increase 4.4 percentage … Read more
OpenAI’s $6.6 billion funding round attracted some big names across the industry. Investors had to shell out large sums and are said to be avoiding future investments in OpenAI’s rivals. OpenAI is now valued at $157 billion factoring in recent funding, making it one of the most valuable startups in the world. Thanks for signing … Read more
Revenues for Latin firms rose in 2023-24, but costs rose by an even greater margin, … [+] coercive profits. getty Income, credit scores and business age of Latino businesses have all increased over the past 12 months, but expenses have also increased, due to inflation. Biz2Credit’s annual Latino-Owned Business Study found that while Latino-owned companies’ … Read more