KappAhl's CEO has quit by mutual agreement with the company saying it's all about opposing strategic visions. And while it said the move isn't based on poor results, it's undeniable that the company has underperformed.
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
London-listed Koovs has been facing cash flow issues in recent periods and has been focused on preserving cash, but on Monday it said it has struck a deal worth £24 million as part of its financing drive.
Six former and current employees of Fitbit Inc were charged in a federal indictment for possessing trade secrets stolen from rival Jawbone, according to a statement from the Department of Justice on Thursday.