DIRS.INFO The most relevant business & tech news

Cyber Monday Furniture deals helpful linksAllmodern: Save up to 40% on furniture sitewide plus an extra 25% off with code GET25. Top picks for Cyber Monday furniture dealsDeal icon An icon in the shape of a lightning bolt. $599.00 from Article Originally $699.00 Save 14%Deal icon An icon in the shape of a lightning bolt. $1,199.20 from West Elm Originally $1,299.00 Save 8%Deal icon An icon in the shape of a lightning bolt. Its Cyber Monday deal price is $12 less than the previous all-time low price.

☆ Inflation? Recession? Starting Black Friday, holiday shoppers are planning to spend
▼ + stars: | 2022-11-25 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

"People are pretty consistent on how much they expect to spend on holiday shopping," said Laura Wronski, senior manager of research science at Momentive. The survey results reveal the consumer divide in the economy, with spending concerns more prevalent at lower income levels. 1 shopping holiday The survey has consistently found that the hype around shopping holidays is often higher than the actual excitement among consumers. 1 shopping holiday that Americans say they will spend on. One in five (21%) are "most excited" to go shopping on Black Friday, almost double the consumers planning to shop on Cyber Monday (12%).

Black Friday Furniture deals helpful linksAllmodern: Save up to 40% on furniture sitewide. Top picks for Black Friday furniture dealsDeal icon An icon in the shape of a lightning bolt. $599.00 from Article Originally $699.00 Save 14%Deal icon An icon in the shape of a lightning bolt. $1,199.20 from West Elm Originally $1,299.00 Save 8%Deal icon An icon in the shape of a lightning bolt. $1,299.00 from Pottery Barn Originally $1,629.00 Save 20%Deal icon An icon in the shape of a lightning bolt.

☆ Tech's reality check: How the industry lost $7.4 trillion in one year
▼ + stars: | 2022-11-25 | by ( Rohan Goswami | ) www.cnbc.com time to read: +14 min

Not one of the 15 most valuable U.S. tech companies has generated positive returns in 2021. In total, investors have lost roughly $7.4 trillion, based on the 12-month drop in the Nasdaq. In the war for talent and the free flow of capital, tech pay reached new heights. Loading chart...SPACs allowed companies that didn't quite have the profile to satisfy traditional IPO investors to backdoor their way onto the public market. A slowing IPO market informs how earlier-stage investors behave, said David Golden, managing partner at Revolution Ventures in San Francisco.

☆ Stocks making the biggest moves premarket: Best Buy, Dick's Sporting, Abercrombie & Fitch and others
▼ + stars: | 2022-11-22 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:Best Buy (BBY) – Best Buy rallied 7% in the premarket after its third-quarter results beat analyst estimates. Dick's Sporting Goods (DKS) – The sporting goods retailer reported better-than-expected third-quarter profit and revenue and an unexpected increase in comparable store sales. Dick's initially surged more than 7% in premarket trading before it dipped negative. Abercrombie & Fitch (ANF) – Abercrombie & Fitch soared 12.8% in premarket action after reporting an unexpected quarterly profit and beating Street revenue forecasts. Dell Technologies (DELL) – Dell fell 1.6% in premarket trading amid a weaker-than-expected current quarter revenue forecast.

☆ Stocks making the biggest moves midday: Abercrombie & Fitch, Disney, Best Buy, Zoom and more
▼ + stars: | 2022-11-22 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Abercrombie & Fitch – Shares of the retail stock jumped 19% after the apparel retailer beat Wall Street's revenue forecasts for the third quarter and posted unexpected quarterly profit. Deutsche Bank reiterated the stock as buy and said it doesn't see any meaningful changes coming to its direct-to-consumer strategy. Best Buy – Best Buy's stock surged 11% after the consumer electronics retailer beat Wall Street's estimates and maintained its outlook for the holiday period. Demand remains below its pandemic heights, but Best Buy indicated its faring well even as inflation weighs on consumers' pockets. The stock slipped even after the company beat top and bottom line estimates for its latest quarter and better-than-expected comparable store sales.

☆ The ad industry is prepping for a make-or-break holiday shopping season, with some advertisers pulling spend up to 25% even before Black Friday
▼ + stars: | 2022-11-22 | by ( Lara O'Reilly | Ryan Joe | ) www.businessinsider.com time to read: +6 min

Black Friday and Cyber Monday sales figures will determine whether ad spend budgets decline. Some advertisers are already pulling back spend up to 25%Last year, advertisers marched into the holiday shopping season with confidence. For retailers who are making the bulk of their money during that time, ad spend correlates to sales, Lardner said. Marketers feel less pressure to spend their fourth quarter ad budgets this yearSome advertisers are pulling back even before the holiday shopping season kicks off. Traditionally, marketers deploy most of their ad dollars during the fourth quarter — and not just because it's the holiday gifting season.

☆ Stocks making the biggest moves after hours: Zoom, Dell, Urban Outfitters and more
▼ + stars: | 2022-11-21 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Though the videoconferencing company topped expectations for earnings and revenue, it gave a weak outlook for the fourth quarter. Dell – The technology company popped as much as 6% after it beat anticipated revenue and earnings per share in its third quarter. Per-share earnings came to $2.30, after adjustments, about 44% above the $1.60 expected by analysts polled by Refinitiv. Urban Outfitters – The clothing company added 2.6% after reporting better-than-expected revenue growth in its latest quarter, despite earnings per share falling a penny short of estimates. Agilent – Shares of the consumer electronics company gained 4.1% after it beat expectations for per-share earnings and revenue in the fourth quarter.

☆ Markets are watching for more clues on Fed hikes and the economy in the week ahead
▼ + stars: | 2022-11-18 | by ( Patti Domm | In | ) www.cnbc.com time to read: +7 min

Investors may be a bit more cautious in the week ahead, with stocks seeking direction in quiet trading and the bond market's warnings about recession getting louder. "That's going to cause its own pressure on markets because markets never look through a profit recession." In the past week, Fed officials maintained their tough tone and some even sounded more hawkish. A rallying stock market is a sign of looser financial conditions. "The stock market is complicating the Fed's objective," said Lyngen.

☆ Abnormal Security: 2022 Top Startups for the Enterprise
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: 1 min

Compromised business email remains one of the top cybersecurity threats with an estimated $43 billion in losses exposed since June 2016, according to the FBI. Abnormal Security, founded in 2018, uses an AI-based cloud-native email security platform that leans on behavioral data science to stop socially engineered and other unique email attacks that can evade traditional secure email gateways. The company, which closed a $210 million Series C round of financing in May led by Insight Partners and included Greylock Partners and Menlo Ventures, says it protects more than 5% of the Fortune 1000 including Xerox , Urban Outfitters , Groupon and Royal Caribbean . The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC). Learn more about CNBC Councils.

☆ New & Notable: Latest releases from Apple and more
▼ + stars: | 2022-10-24 | by ( Gabriella Depinho | Gabriella Depinho Is A Production Coordinator For Select On Nbc News. | ) www.nbcnews.com time to read: +4 min

This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. While other larger brands, such as Gap, Adidas and Madewell, have partnered with resale platform ThredUp, Shein opted to launch their own platform. Urban Outfitters launched the clothing resale app Nuuly Thrift in 2021, where customers can sell their used Urban Outfitters clothes via an iOS app. Nuuly users can deposit their earnings into their bank account or earn “Nuuly Cash” which is worth 10% more at Nuuly Thrift, Anthropologie, Free People, Urban Outfitters, BHLDN or Terrain. Wellness tech company Oura, the creator behind the health tracking Oura ring, announced a partnership with Therabody, creator behind the popular Theragun massager.

☆ Lululemon is the clothing brand gaining the most popularity among wealthy female teens in the US – by far
▼ + stars: | 2022-10-17 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +3 min

Athleisure brand Lululemon is the clothing brand growing most in popularity among wealthy female teens. Other popular clothing brands for female teens in the upper-income bracket are American Eagle and Zara. The investment bank's "Taking Stock with Teens" report tracks teens' brand preferences, behavior, and habits. Seventeen percent of teens chose Lululemon as their favorite clothing brand during Piper Sandler's fall 2022 survey, as well as during its spring 2022 and fall 2021 surveys. Below are the five "top brands starting to be worn" by wealthy female teens.

☆ For 12 years, Nike has reigned supreme with teens as their favorite clothing brand
▼ + stars: | 2022-10-14 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +3 min

Nike is the most popular clothing brand for teenagers in the US, according to a semiannual survey. Nearly a third of Gen Zers identified the brand as their favorite. The investment banking firm surveyed 14,500 teens about their brand preferences, behavior, and habits for the fall 2022 study, and 31% ranked Nike as their favorite clothing brand, up from 30% in spring 2022. Below are the five clothing brands American teens most prefer to deck out in. A push for 'casualization'In 2019, Insider asked 1,800 young Americans about their favorite places to shop for clothing.

☆ Second strike at Liverpool to add to European port congestion, slow product delivery
▼ + stars: | 2022-10-10 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

A striking dockworker on a picket line outside the Port of Liverpool during a strike in Liverpool, UK, on Tuesday, Sept. 20, 2022. Bloomberg | Bloomberg | Getty ImagesLogistics experts are warning another strike set at the Port of Liverpool for Tuesday will only add to the existing delays in product delivery caused by the prior strikes at Felixstowe and Liverpool. Dockworkers in Liverpool, a significant U.K. port and a port where the U.S. is the No. Trade productivity at Felixstowe, the U.K.'s largest container port, and Liverpool have suffered as a result of various labor strikes since August. Braun told CNBC that the disruptions of past strikes and the upcoming Liverpool strike will unquestionably aggravate the existing congestion.

☆ Retailers Stuck With Too Much Inventory Face Risky Decisions
▼ + stars: | 2022-06-03 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +8 min

In the past two weeks, retailers have shown that the anticipated, but hard to time, cooling in consumer demand for goods has arrived. And many retailers reported holding more inventory than they'd like — and the goods they have might not be the ones they need now. Several retailers mentioned late deliveries of spring merchandise, which compounded their inventory glut when mixed with the cooling demand. Quite literally, it means to pack inventory away to sell when its season comes back around. On top of the risk that the product may not be attractive in the future, holding inventory means paying for storage.

Search resuls for: "Urban Outfitters"

15 mentions found