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For Many Digital Retailers, Profits and Growth Appear to Be Mutually Exclusive

For Many Digital Retailers, Profits and Growth Appear to Be Mutually Exclusive

This week, Warby Parker gave long-suffering e-commerce investors a spark of optimism.

The eyewear retailer reported Tuesday that its first-quarter revenue grew 12 percent over the same period last year to $172 million, while it reduced its net loss to $11 million, from $34 million a year prior. Warby credited a range of cost-cutting measures, including cutting and realigning its marketing spend.

The brand is closer than ever to its goal of…


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China tells U.S. to 'reflect deeply' over downturn in ties

China tells U.S. to 'reflect deeply' over downturn in ties

Lululab launching AI beauty research centre with Yonsei Cancer Center

Lululab launching AI beauty research centre with Yonsei Cancer Center