Tag

Consumer Experiences

All articles tagged with #consumer experiences

Abercrombie & Fitch's Strong Sales Momentum Continues

Originally Published 1 year ago — by Yahoo Finance

Abercrombie & Fitch forecasts strong revenue growth for the year, citing robust demand for its apparel brands following a successful holiday season and strong spring start in the US. The company's focus on reducing inventories, introducing fresh styles, and enhancing customer experiences through marketing and digital investments has contributed to its optimistic outlook. Despite potential challenges such as higher shipping costs due to the conflict in the Red Sea, Abercrombie expects first-quarter net sales growth in the low double digits and anticipates net sales growth of 4% to 6% for fiscal year 2024.

business business-retail abercrombie-and-fitch apparel-demand business-retail consumer-experiences retail-industry revenue-growth

Disney's Layoffs: 7000 Jobs Cut and Metaverse Division Shut Down.

Originally Published 2 years ago — by GamesIndustry.biz

Disney has shut down its metaverse division and laid off around 50 staff from its Next Generation Storytelling & Consumer Experiences unit. The company is expected to lay off a total of 7,000 employees this year as part of its cost reduction strategy. A second round of layoffs is expected next month, and a final one in the summer.

business business business consumer-experiences cost-reduction disney layoffs next-generation-storytelling