By Reuters Published May 21, 2025 Amazon.com investors at its annual meeting again rejected all outside shareholder resolutions, including three meant to address the online retail giant’s impact on climate change. Reuters Voters approved the reelection of 12 directors and proposed executive compensation. Shareholders put forth eight proposals, all of which Amazon encouraged investors to…
The Saks Global and Authentic Brands Group partnership has been a big talking point of late so it was good timing that Authentic’s CEO Jamie salter and Saks’ executive chairman Richard Baker were on stage together on day two of the World Retail Congress in London this week. Jamies Salter of Authentic and Richard Baker…
By Reuters Published May 4, 2025 Amazon on Thursday tried to temper investor concerns about the impact of the Trump administration’s tariffs on its e-commerce business, but the company may have few options left to ensure small third-party sellers stay put in the face of crushing levies. Reuters U.S. President Trump has imposed 145% duties…
By Reuters Published April 28, 2025 Amazon’s Prime Day is losing its luster among a critical group: sellers. Some third-party merchants who previously sold China-made goods during Amazon’s premier July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer. Reuters The planned pullback, which hasn’t been previously…
By Reuters Published April 10, 2025 Capri Holdings may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with Amazon.com for its Michael Kors brand following its $1.4 billion sale of Versace to Prada. See catwalkMichael Kors – Fall-Winter2025 – 2026 –…
By Reuters Published April 3, 2025 As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up. Reuters Amazon and, separately, a consortium led by OnlyFans founder Tim Stokely are the latest to throw their hats into the ring for TikTok. The site faces an April 5…