Malaysia Airlines is to cut 6,000 staff as part of recovery plan after being hit by two disasters this year. The reduction in staff numbers represents around 30% of its workforce of 20,000.
Teens are finding other ways to express their identities than by wearing designer logos - a fact that has finally hit home at Abercrombie & Fitch and its sister brand, Hollister, by way of drastically declining sales over the past few years.
Bloomberg said GDP rose at a 4.2% annualized rate, up from an initial estimate of 4% and following a first-quarter contraction, the Commerce Department reported.
Curalate is rolling out the Like2Buy platform, which will turn Instagram into a shopping haven for its users. Nordstrom already has the platform up and running, with Target and Charlotte Russe to follow suit.
Unilever Executive Dave Lewis who becomes chief executive of the U.K.'s biggest retailer Tesco on Monday, replacing Philip Clarke.