The American consumer goods conglomerate announced second-quarter profits that beat analysts’ expectations on Thursday, but posted revenues that came in under estimates, despite strong growth in health care and beauty.
Shopping malls giant Intu is under heavy pressure as it works to improve its debt situation and another area in which it’s under pressure, footfall, is also a focus for the owner of some of the UK’s top shopping centres.
Condé Nast is planning to close down Glamour magazine in France. The publisher indicated its intentions speaking to French agency AFP on Wednesday, confirming the news published by the Mind Media newsletter.
The Detroit-based “stock market of things” has announced that it surpassed $1 billion in gross merchandise value in 2019 alone, as the platform pushed forward with international expansion, especially in Europe and Asia.
A Singapore edition of Vogue will launch in the fall of this year with an English-language print issue, a website and presences on all relevant social platforms, including Instagram, Facebook and Twitter.
Amazon has opened a new corporate office in Manchester, which will eventually be home to over 600 tech and non-tech employees, including software engineers, business development specialists and finance analysts.
Two years after the Karla Otto group merged with Asia-based event organiser K2, the former’s eponymous founder has now become president, while Alexander Werz and Isabelle Chouvet have been appointed co-CEOs.
Hong Kong leader Carrie Lam on Tuesday pledged HK$10 billion (£1 billion) in relief measures to prop up the economy as it grapples with months of anti-government protests that have hurt business confidence.
American model Gigi Hadid appeared as a potential juror in disgraced movie producer Harvey Weinstein's rape and sexual assault trial on Monday, adding a fresh celebrity twist to the high-profile proceedings.