Nordstrom Electricity Supplier Business Leader, However, Drastic Layoffs.

In 2015, as the capital of the winter, for many retailers, they are trying to develop e-commerce to seize the commanding heights of the future market.

But Nordstrom, the leading provider of e-commerce, announced layoffs in its recent earnings announcement.

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After switching from offline to online, Nordstrom took the lead in investing in e-commerce.

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The group's revenue in this area changed from 8% of five years ago to 20% in fiscal 2015, but the group made redundant jobs because of overspending and huge cost.

It is reported that as of January 31st, the first three months of the group

In the first half of the 2016 fiscal year, the first half of the fiscal year will fall by 30%, resulting in a decline in earnings per share.

The group said it would cut costs from freight, technology and online product mix in the next few years.

The group's layoffs began in July last year, and about 120 jobs were cut in the restructuring of the entire technology sector.

By the news, Nordstrom fell 0.99% at the end of the session on Wednesday, but its fourth quarter results increased 11.6% from 2016.

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A good designer is the soul of a clothing brand.

Designers who are not suitable for brand positioning are sometimes nightmares for brands.

For example, after Gucci changed the design director, the vitality of the brand was moved away.

Recently, French Connection released its earnings report, although the loss continued to expand, but French Connection, which changed the design team, finally hit the bottom.

Group operations director said that the bad performance was caused by the serious unsalable sales of the 2015 spring and summer series. However, in the autumn and winter series, the same store sales had recorded a higher growth rate of 6%.

The reason is that the group has replaced some members of the design team, and the design director is also changing the queue.

Due to its annual operating losses in 2015, French Connection said the group announced that it would not pay dividends this year because its losses continued to expand and it failed to make profits for fourth consecutive years.

It is reported that in the 2015 fiscal year ended January 31, 2016, the group's annual revenue fell 8% to 164 million 200 thousand pounds, while the same store sales recorded a larger decline of 6.4%, while sales of retail outlets also fell to 92 million 400 thousand pounds by 10.6%.

On the other hand, because of the group's recovery plan for the construction of manpower, it has been announced recently that its financial controller, Lee Willams, has been excavated from ASOS.

Therefore, although the group's losses have reached five times, due to the prospect and ability of the recovery, the stock market has narrowed a huge decline on the same day, and it picked up 44 pence on Monday.

Since 2016, French Connection has gained more than 22% of its share price.