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.
... * Malaysia Airlines to cut staff by 30 pct to 14,000. * Carrier to be de-listed by end of this year. * Aims to return to profitability within 3 years of de-listing (Recasts, adds comments from banker, prime minister, details).
Unilever Executive Dave Lewis who becomes chief executive of the U.K.'s biggest retailer Tesco on Monday, replacing Philip Clarke.