Weaker Consumer Demand News Today

Seven hundred forty employees will be laid off in two rounds by June 28, after a 2% workforce reduction was confirmed in February. Read more.

CEO Dani Reiss announced a team realignment to optimize corporate resources for the company's next phase of growth across various regions, categories, and distribution channels. Read more.

China's statistics bureau, the NBS, has reported that industrial profits in China has grown at a much slower pace due to the decline in prices of some raw materials

China's statistics bureau, the NBS, has reported that industrial profits in China has grown at a much slower pace due to the decline in prices of some raw materials

China's statistics bureau, the NBS, has reported that industrial profits in China has grown at a much slower pace due to the decline in prices of some raw materials

China's statistics bureau, the NBS, has reported that industrial profits in China has grown at a much slower pace due to the decline in prices of some raw materials

China's statistics bureau, the NBS, has reported that industrial profits in China has grown at a much slower pace due to the decline in prices of some raw materials

China's statistics bureau, the NBS, has reported that industrial profits in China has grown at a much slower pace due to the decline in prices of some raw materials

China's statistics bureau, the NBS, has reported that industrial profits in China has grown at a much slower pace due to the decline in prices of some raw materials

China's statistics bureau, the NBS, has reported that industrial profits in China has grown at a much slower pace due to the decline in prices of some raw materials