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Amazon Cites ‘Several Billion Dollars’ in Shipping, Labor Costs

From new denim constructions, weights and washes to the steps global mills are taking to reduce impact, Rivet's SS23 In Season Look Book: Denim & Trims has everything you need to know for a successful denim season.

Amazon CEO Andy Jassy said that the e-commerce giant expects to “incur several billion dollars of additional costs” during the holiday period, giving an ominous outlook amid weaker-than-expected third quarter sales and earnings. Sales came in at $110.8 billion, a 12 percent increase, but lower than the $111.6 billion projected by analysts surveyed by Refinitiv….

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