Cheil Worldwide's investment in retail marketing specialist Iris further rounds out the portfolio of agencies that Cheil has amassed in the past five years.
On the heels of selling 10 percent of its company to A&E Networks for $250 million last week, Vice said Thursday that it has raised another $250 million through another 10 percent ownership deal with Technology Crossover Ventures.
Daimler, owner of Mercedes-Benz, has acquired rival companies RideScout and MyTaxi to reach a new market of consumers who favor ride-sharing apps over owning a car.
Tim O'Shaughnessy has announced that he will step aside as CEO of LivingSocial after co-founding the company in 2007.
One month after JCPenney fired top exec Ron Johnson and brought Mike Ullman back as CEO, the retailer reportedly says it expects year-over-year Q1 revenues to be down 16 percent when it reports t
Whether Starbucks coffee is anything special is a matter of opinion, and yet the brand clearly has many caffeine addicts hooked.
One day after Groupon's disappointing Q2 earnings report, the daily deals row isn't getting any easier to hoe.
Facebook Studio, eat your heart out. Following a trend among notable digital firms like Facebook, Groupon today announced significant upgrades to GouponWorks, a resource that’s designed to show local merchants how the deals platform can work for their shops.
Last year Facebook shuttered its deals business in an apparent forfeit of the market to Groupon among others. But since closing its first day of trading at $26.11 per share, Groupon’s stock has plummeted to $9.90 as of Friday’s close.
Not all deal sites are created equal, said Beth Ellard, general manager of lifestyle website and newsletter DailyCandy.