Adore Beauty sales slide 29% | Amazon's first cuts: Team Alexa | Bumble dumped by zillennials

Adore Beauty has seen a 29% slide in its first quarter revenue as shoppers transitioned back from online shopping to the stores-of-old.

 

Amazon is looking to cut costs after it lost $3 billion USD this year... and the first team on the chopping block is Team Alexa.

 

Bumble has seen its growth slow down because zillennials have cut back on paid app-features and are getting thrifty with dates.

 

---

 

Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork

Download the free app (App Store): http://bit.ly/FluxAppStore

Download the free app (Google Play): http://bit.ly/FluxappGooglePlay

Daily newsletter: https://bit.ly/fluxnewsletter

Flux on Instagram: http://bit.ly/fluxinsta

Flux on TikTok: https://www.tiktok.com/@flux.finance

 

---

 

The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.

See omnystudio.com/listener for privacy information.