From bare-chested models to the scent of cologne emanating from its stores, Abercrombie & Fitch has left a mark on modern retail. Yet after raising the brand to great heights in the 1990s, CEO Michael Jeffries is stepping down following a recent drop in sales.
German carmaker Volkswagen is once again looking to Italy to bulk up its portfolio, according to The Wall Street Journal.
CBS is preparing a new 24-hour digital news network with an accompanying marketing campaign, reports Capital New York.
Facebook’s new app Rooms is a nod to the desire for anonymity online and represents a throwback to the old-school Internet.
Car buying is a delicate negotiation, but don’t call it haggling. Edmunds.com found that out the hard way with a YouTube ad campaign that spoofed car salesmen with videos involving "haggling" copy, offending car dealers.Edmunds.com has since removed the offending ads after dealers across the country threatened to pull their business from the car-shopping site.
Aereo, the embattled startup, has been officially banned from live streaming broadcast shows to online subscribers due to a ruling by a New York federal judge. According to a previous ruling by the United States Supreme Court, Aereo had been violating the copyrights of major broadcast
Media company Fusion and online video network Maker Studios have joined together in a cross-platform partnership to theoretically expand the reach of both companies.
Amazon is talking with three major movie studios about digital rights in hopes of giving customers better access to the digital movies they buy on the site, according to The Wall Street Journal.
Amazon Fresh is planning to add the Big Apple to its roster of cities where grocery delivery is available, according to Re/code, which cited unnamed sources.
Carat has filled its chief client officer role with chief strategy officer Michael Epstein. The position has been vacant since Steven Feuling left the post in late 2013; he's since been named CEO of Vizeum in the U.S. Epstein will assume CCO responsibilities and retain his CSO duties.