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After Record Profits, Why’s Amazon Looking to Cut Costs?

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Though Amazon has posted a profit for 11 consecutive quarters—including a record $1.9 billion windfall in Q4 2017—the e-commerce power player is searching for ways to cut costs, even as it reportedly considers splashing out on Toys “R” Us locations, and as Spanish workers strike over wages. According to a Bloomberg report, Amazon is making…

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