Newbie owner KappAhl, the Swedish fashion retailer, is spending big on its digital retail platform. SEK200 million (£16.7 million) to be precise, as part of the retailer’s “comprehensive digital transformation”.
Google on Tuesday unveiled updates across many services, including Maps, Photos and operating systems, as the company showcases its role in a world that has become more digitally connected during the pandemic.
The European Commission wants to propose in 2023 a more unified way of taxing companies in the European Union, hoping that such rules will stand a better chance if they follow global OECD solutions expected this year.
Italian fashion group OTB has added two new members to its board of directors. They are Arabella Ferrari of Intercos and Carlo Purassanta of Microsoft, who will contribute their know-how in the beauty and IT sectors.
Alphabet on Tuesday reported record profit for the second consecutive quarter and a $50 billion share buyback but warned a surge in usage and ad sales during the pandemic may slow as people resume in-person activities.