AMAZON.COM, INC.

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Delayed Nasdaq  -  04:00 2022-06-24 pm EDT
116.46 USD   +3.58%
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Amazon opens first physical fashion retail store

05/25/2022 | 06:49am EDT
FILE PHOTO: Amazon logo at the company's logistics center in Bretigny-sur-Orge

(Reuters) - Amazon.com Inc said on Wednesday it had opened its first brick-and-mortar clothing retail store, as people start to venture out to shop following easing COVID-19 curbs.

The store, Amazon Style, located in Los Angeles, will use machine-learning technology to help customers find clothes and personalize recommendations.

Customers shopping on the Amazon app will also have the option to try out their selections at the physical store, and will be notified on the fitting room's availability.

(Reporting by Akash Sriram in Bengaluru; Editing by Vinay Dwivedi)


© Reuters 2022
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Financials (USD)
Sales 2022 524 B - -
Net income 2022 7 934 M - -
Net cash 2022 42 240 M - -
P/E ratio 2022 147x
Yield 2022 -
Capitalization 1 185 B 1 185 B -
EV / Sales 2022 2,18x
EV / Sales 2023 1,82x
Nbr of Employees 1 608 000
Free-Float 86,1%
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Mean consensus BUY
Number of Analysts 52
Last Close Price 116,46 $
Average target price 176,01 $
Spread / Average Target 51,1%
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Managers and Directors
Andrew R. Jassy President, Chief Executive Officer & Director
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Jeffrey P. Bezos Executive Chairman
Patricia Q. Stonesifer Independent Director
Jonathan Jake Rubinstein Lead Independent Director
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