Crocs CEO Warns of Challenging Consumer Environment, Plans Order Reduction
Crocs plans to cut orders due to a challenging consumer environment, says CEO Andrew Rees.
Retail
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AB InBev Shares Drop 9% Amid Declining Sales Volumes
AB InBev shares fell 9% due to declining sales volumes in key markets like China and Brazil.
Temu Ends Direct China-to-U.S. Sales Amid Trade Crackdown
Chinese e-commerce platform Temu has announced it will stop shipping goods directly from China to U.S. consumers. The move follows intensified scrutiny of the “de minimis” rule, a trade loophole...
UK Retailer Co-op Targeted in Cyberattack Amid Sector-Wide Threats
UK supermarket chain Co-op confirmed it was the target of a recent cyberattack attempt, prompting operational safeguards and system shutdowns that slightly disrupted its support services.