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...Levi took a $116mn restructuring charge related to its plan to cut 10 to 15 per cent of its workforce, near the midpoint of what it expected to spend....
...Earnings: Denim retailer Levi Strauss is expected to report that first quarter revenue declined from a year earlier as consumers continue to cut back on discretionary spending amid persistent inflation....
...Metro Bank has promised to cut another £30mn off costs, adding to a £50mn plan already in place, as it pushes ahead with its restructuring programme....
...herringbone jacket, £1,950 Cordings silk scarf, £150 Tiffany & Co gold and silver Square signet ring, £1,475 Retro Super Future acetate Numero 96 glasses, £177, specscollective.com Studio Nicholson denim...
...Although I generally favour the designer denim brands, because they are expertly cut and well made, some of the bridge clothing brands also do a good jean....
...The protagonists pair jumpsuits and dresses in loud prints with denim gilets and golden heels, all finished off with statement jewellery, voluminous hair and chain belts....
...Unilever is to split off its ice cream business and cut 7,500 jobs as new chief executive Hein Schumacher tries to deliver on his promise to turn round the performance of one of the world’s largest consumer...
...My shorts were cut so high at the front that the internal cotton pockets flopped out of them. In the summer I wore them in their natural state....
...Asian markets declined on Friday with the exception of Japan, as traders reacted to the increased likelihood of fewer interest rate cuts in the US....
...European stocks dropped amid a global sell-off as traders lost confidence in rapid US interest rate cuts and remained cautious about widening tensions in the Middle East....
...Wall Street stocks held steady in early trading and US Treasuries sold off as traders scaled back their bets on how many times the Federal Reserve will cut interest rates this year....
...It would also limit hiring, offer voluntary time off and trim its schedule for the second half of the year....
...The great bet on rate cuts — and it was enormous — is dead. At the start of 2024, the expectation was for six, maybe seven, US rate cuts this year....
...European stocks fell on Thursday, dragged down by a global sell-off in the technology sector and signs of sticky inflation in the US....
...Apple has reversed course on a plan to cut off access to applications that bypass its app store, which the iPhone maker had argued was necessary in order to comply with new EU regulations....
...Traders are pricing in fewer than two quarter-point interest rate cuts from the Bank of England this year, as policymaker Megan Greene said cuts “should still be a way off”....
...When times get tough, when income dwindles and interest rates spike, fashion often shakes off its blinkers and realises that people who spend money tend to want to look like they do....
...Mexico has cut ties and called for Ecuador to be expelled from the UN, while Nicaragua has broken off diplomatic relations with Quito....
...Government bonds sold off on Monday after US Federal Reserve chair Jay Powell pushed back against traders’ hopes for rapid and steep interest rate cuts....
...But those earning £19,000 or less would actually be worse off, as they lose more from the threshold freeze than they gain from NIC cuts, according to the RF....
...Mexico has cut ties and called for Ecuador to be expelled from the United Nations while Nicaragua has broken off diplomatic relations with Ecuador....
...The moves came after figures from the Bureau of Labor Statistics showed that new applications for unemployment aid — a proxy for lay-offs — jumped to their highest level since January in the week to March...
...Dries Van Noten was great, filled with knits and rich colours, and the best-cut trenchcoat in Paris (in camel gabardine and washed-out denim)....
...US law firm Latham & Watkins is cutting off automatic access to its international databases for its Hong Kong-based lawyers, in a sign of how Beijing’s closer control of the territory is forcing global firms...
...shoulders; utilitarian denim dresses and jackets; and flowing tulle and organza dresses printed with Roman statutes or embroidered with dots....
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