Dive Transient: Mattel reported that gross sales had been flat, at $1.8 billion, within the third quarter whereas working revenue rose barely yr over yr, in accordance with an organization launch. Adjusted for restructuring prices, asset gross sales and different one-off occasions, working revenue fell by 1%. For the yr, Mattel, citing market volatility, trimmed…
Tag Archives: Financial News
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It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From Ugg’s Feel House pop-up to Digital Brands Group’s stock split, here’s our closeout for the week. What you may have…
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As a part of taking up the highest job at struggling health model Peloton, CEO Barry McCarthy was supplied $168 million in complete compensation this 12 months — a majority of which is from his new rent fairness grant, in response to a submitting from the corporate this week. McCarthy’s base wage is $1 million, the…
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Dive Temporary: Amazon on Thursday stated its third quarter retail e-commerce gross sales rose 7% 12 months over 12 months to $53.5 billion, as bodily retailer gross sales rose 10% to $4.7 billion. Income from companies grew extra, with market vendor companies up 18 % to $28.7 billion, promoting up 25% to $9.5 billion and…
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