Facebook shares plummeted on Wednesday after executives said that profit margins would plummet for several years due to the costs of improving privacy safeguards and slowing usage in the biggest advertising markets.
German Finance Minister Olaf Scholz plans to unveil legislation next week aimed at reducing tax evasion by online dealers using platforms such as Ebay and Amazon , a German newspaper reported on Thursday.
The international brewer has chosen the Italian sportswear brand as its partner for the latest World Cup-themed edition of the company’s #Heineken100 program, resulting in a six-piece soccer-focused capsule.
Brooks Brothers is opening an exhibit in Grand Central Terminal that will celebrate the 200th anniversary of the brand. History, innovations and iconic fashion items will be on display as well as limited-edition product.
Children's subscription service Kidbox has formed its second Board of Directors of twelve entrepreneurial and philanthropic kids aged 8 through 14 who will consult on fashion business and social issues for the company.
A casualty of Hammerson's change of direction (as well as the weak market for bricks and mortar stores) is the mall giant's plan for a massive expansion at Brent Cross that has now been indefinitely deferred.