
Wearable device maker Fitbit Inc said Chief Financial Officer William Zerella will leave the company next week, and will be replaced by Chief Accounting Officer Ronald Kisling.
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Wearable device maker Fitbit Inc said Chief Financial Officer William Zerella will leave the company next week, and will be replaced by Chief Accounting Officer Ronald Kisling.
Global shipments of wearables grew 1.2% in Q1 2018 – snail’s pace progress when compared to the 18% growth reported this time last year –, as consumer preference shifts toward smarter devices and products diversify.
Dior, Gucci, JD.com and Abibaba are among the global brands which most grew in value in 2018, according to the Brandz Top 100 ranking, whose cumulated value increased by 21% in a year.
Rocket Internet’s Global Fashion Group unit reported a buoyant Q1 on Friday as revenue and customer numbers rose strongly, although the company remains loss-making on an Ebitda basis.
U.S. civil liberties groups on Tuesday called on Amazon to stop offering facial recognition services to governments, warning that the software could be used to target immigrants and people of colour unfairly.
The Brazilian shoe brands are expanding in the US, with Schutz tapping Adriana Lima to front its new campaign and parent company Arezzo announcing a new head of international operations.
PayPal Holdings Inc has agreed to acquire iZettle, one of Europe’s best known financial technology startups, for $2.2 billion (£1.6 billion), the companies said on Thursday.
Richemont has launched a new watch brand, Baume, offering trendy time pieces priced in the hundreds rather than the thousands of dollars to lure young people away from using their smartphones to tell the time.
Glossier's second permanent retail location has opened in LA. The Melrose Place location joins the cult makeup brand's first permanent location in NY where the company is also headquartered.
Apple is on the verge of becoming the first $1 trillion (738 billion pounds) publicly listed U.S. company, but even if it gets there, it could soon be overtaken as Amazon.com surges from behind.