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31.10.26 - 18:12
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A-listers and AI stylists: how high-street brands are staging a fashion comeback (The Guardian)
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Gap, M&S, Topshop and more are taking a leaf from luxury label playbooks to satisfy savvier generation of shoppersHigh street brands that boomed in the noughties before the squeeze of both sustainably minded consumers and the rise of ultra-cheap online labels are staging a comeback.This time, rather than focusing solely on trend-led affordable designs, the names familiar to any shopper are courting luxury fashion, A-list collaborations and enhanced services in an attempt to engage consumers. Continue reading......
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29.10.26 - 22:24
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New York City Sheds 30,000 Jobs As Restaurants Face Mounting Financial Pressure (ZeroHedge)
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New York City Sheds 30,000 Jobs As Restaurants Face Mounting Financial Pressure
It turns out that more suffocating regulation in one of the most aggressively regulated cities in the U.S. is not helpful to businesses...go figure...In fact, rising operating costs, bureaucratic delays and persistent inflation are putting growing pressure on New York City businesses, with restaurant owners warning that operating in the five boroughs is becoming increasingly difficult, according to MSN/NY Post. The strain is now showing up in employment figures. A new report from City Comptroller Mark Levine found that New York City's private sector lost approximately 30,000 jobs in August and September, bringing total losses over the past year to roughly 32,000. September accounted for about 23,000 of those cuts, following another 7,400 in August.The MSN/NY Post piece says that hospitality and finance were among the hardest-hit industries. Restaurants, hotels and other leisure businesses shed 7,700 posi...
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29.10.26 - 19:33
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Major Fast-Food Chain Faces Wave Of Restaurant Closures As Franchise Giant Files For Bankruptcy (ZeroHedge)
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Major Fast-Food Chain Faces Wave Of Restaurant Closures As Franchise Giant Files For Bankruptcy
Wendy's could see up to 60 more restaurants closed across the United States through mid-November as one of its largest franchise operators battles bankruptcy, according to USA Today.Meritage Hospitality Group, which filed for Chapter 11 bankruptcy protection on September 17, has already shuttered 33 restaurants since entering bankruptcy proceedings and could reportedly shut down dozens more by November 13.Meritage previously closed 60 underperforming locations before filing for bankruptcy. Reports differ on whether the 33 closures since the filing count toward the up-to-60 figure, so the total could reach roughly 120 or more.The restaurant company operated 314 Wendy's restaurants across 15 states when it filed for bankruptcy.Meritage reported a $31.5 million net loss in 2025, followed by another $23.1 million loss during the first half of 2026, according to QSR Magazine.The franchisee blamed weak ...
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29.10.26 - 10:45
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ROUNDUP: Henkel setzt mehr um als erwartet und erhöht Umsatzprognose (DPA-AFX)
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Der Konsumgüterhersteller Henkel hat im dritten Quartal mehr Umsatz gemacht als erwartet. Dabei profitierte der Konzern stark von höheren Preisen. Die Verkaufsmengen legten ebenfalls zu, jedoch nicht so deutlich, teilte Henkel überraschend am Donnerstag in Düsseldorf mit. Für die Erlösentwicklung zeigte sich Henkel für das laufende Jahr optimistischer. Zudem passte der Hersteller bekannter Marken wie Persil, Schwarzkopf oder Loctite seine Ergebnisprognosen an. Am Markt kamen die Aussagen gut an..
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