Articles by AFP
Amazon launches its own logistics service, competing with industry giants
Amazon announced on Monday the launch of a logistics service independent of its e-commerce platform, a move set to shake up the major players in the sector. Having initially relied on transport and delivery specialists, Amazon has gradually developed its own supply chain since the mid-2000s to better control its costs. Today, the Seattle-based...
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Gap founder Doris Fisher dies
Doris Fisher, who co-founded the American ready-to-wear brand Gap with her husband in 1969, died on Saturday. She revolutionised the way clothing was sold. Doris Fisher “passed away peacefully in San Francisco, surrounded by her family, at the age of 94,” the group said in a statement on Monday. It added that she is survived by three children,...
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Stars shine at Met Gala, fashion's biggest night
The brightest stars in Hollywood, music, sports and style -- led by Beyonce, Madonna and Nicole Kidman -- hit the red carpet Monday for the Met Gala, the Manhattan charity ball that doubles as fashion's biggest night. The A-listers were asked to dress for the theme "Fashion is Art," which dovetails with the exhibit "Costume Art" at the...
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'Devil Wears Prada 2' takes top spot in N. America box office
"The Devil Wears Prada 2" debuted atop the North American box office this weekend, industry estimates showed Sunday, 20 years after the hit original took audiences inside the cutthroat world of haute couture. The sequel sees Anne Hathaway's character return to work under tyrannical editor Miranda Priestly, portrayed again by Meryl Streep, as...
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GameStop proposes $56 billion takeover of eBay to rival Amazon
US video game retailer GameStop made a takeover bid on Sunday to buy eBay for about $55.5 billion in an attempt to turn the online marketplace into a competitor to e-commerce giant Amazon. Gamestop is offering $125 per share in a combination of stock and cash, a 46 percent premium over the average stock price since it began acquiring shares in...
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Fashion brand Superdry co-founder convicted of rape
The co-founder of British fashion brand Superdry, James Holder, was convicted of rape Friday by a court in southwest England. Holder was one of the co-founders of Superdry in 2003. The streetwear brand was delisted from the London Stock Exchange in 2024 after announcing a drop in sales and has rebranded as Superdry & Co. A jury found Holder, 54,...
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Recently acquired footwear retailer André prepares for "a future expansion phase"
Paris, France – Footwear retailer André, acquired in January, is preparing for a "future expansion phase", according to a court ruling seen by AFP. This decision comes despite a challenging consumer environment and the erosion of its workforce and store portfolio over the years. According to the takeover bid, André was placed into receivership...
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A guerrilla poster campaign against Jeff Bezos at the Met Gala hits New York
New York - Posters have appeared on the streets and subways of New York calling for a boycott of the Met Gala, scheduled for May 4, due to Jeff Bezos' involvement in its organisation. The choice of the Amazon founder, who has grown closer to Donald Trump, and his wife Lauren Sanchez Bezos as sponsors and honorary chairs is “a total lack of tact”...
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Showroomprivé in the red in 2025 as sales continue to decline
Paris - Showroomprivé (SRP Groupe) announced on Wednesday a net loss of approximately 31 million euros (36.20 million dollars) and a 13 percent drop in its turnover for 2025. Its sales continue to decline in early 2026. The flash sales player therefore remains in the red after a net loss of 133 million euros in 2024. In 2025, its turnover...
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Amazon exceeds expectations, boosted by AI and Anthropic
New York - Amazon reported better-than-expected results for the first quarter, driven primarily by its cloud computing subsidiary, Amazon Web Services (AWS). The division continues to benefit from the appetite for artificial intelligence (AI). The Seattle-based group also saw its profit soar following a revision of the book value of its stake in...
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