Hermès Group Reports 41% Drop in Revenue for Q2 of 2020
Fashion

Hermès Group Reports 41% Drop in Revenue for Q2 of 2020

The North American and European markets have been hit particularly hard.

Nike Pulls Out of Goodyear Facility Citing COVID-19 Impact
Footwear

Nike Pulls Out of Goodyear Facility Citing COVID-19 Impact

The project was a $184 million USD investment.

Kodak Stock Surges 1,500% After Shift to Pharmaceuticals Amidst COVID-19
Tech & Gadgets

Kodak Stock Surges 1,500% After Shift to Pharmaceuticals Amidst COVID-19

As many point out suspicious trading activity ahead of upward trend.

Prada Revenue Suffered 40 Percent Decline Due to Coronavirus
Fashion

Prada Revenue Suffered 40 Percent Decline Due to Coronavirus

The luxury house brought in less than a billion euros thus far in 2020.

Kering's Revenue Dropped Nearly 30 Percent in 2020's First Half
Fashion

Kering's Revenue Dropped Nearly 30 Percent in 2020's First Half

Gucci’s revenue took the biggest hit.

LVMH Revenue Drops 27 Percent in First Half of 2020
Fashion

LVMH Revenue Drops 27 Percent in First Half of 2020

However, CEO Bernard Arnault underscores the conglomerate’s “resilience.”


Bankrupt Neiman Marcus Officially Shuts Down Hudson Yards Location
Fashion

Bankrupt Neiman Marcus Officially Shuts Down Hudson Yards Location

Along with several other stores.

Twitter Considering Subscription-Based Model After Large Dip in Ad Revenue
Tech & Gadgets

Twitter Considering Subscription-Based Model After Large Dip in Ad Revenue

Following the company’s major security hack.

HBO Max Draws 4.1 Million Subscribers in First Month of Launch
Entertainment

HBO Max Draws 4.1 Million Subscribers in First Month of Launch

Hoping to reach 50 million by 2025.

Tesla Publishes Q2 2020 Report and Announces New Austin, Texas Factory
Automotive

Tesla Publishes Q2 2020 Report and Announces New Austin, Texas Factory

The automaker is in its fourth straight quarter of profitability.

Microsoft Reveals Upward Growth in Q4 2020 Earnings Report
Tech & Gadgets

Microsoft Reveals Upward Growth in Q4 2020 Earnings Report

With $38 billion USD in revenue.

Apple Pledges to Become Completely Carbon-Neutral by 2030
Tech & Gadgets

Apple Pledges to Become Completely Carbon-Neutral by 2030

For its entire supply chain and products.

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