PayPal Holdings Inc on Wednesday reported first-quarter profit that beat Wall Street estimates as the payment processor benefited from higher volumes of mobile payments and strong merchant services business.
French retailer Carrefour has struck a five-year purchasing alliance with peer Systeme-U, stealing a march over rivals in a deal that will make Carrefour the biggest buyer in its competitive home market.
Facebook shares rose on Wednesday after the social network reported a surprisingly strong 63 percent rise in profit and an increase in users, with no sign that business was hurt by a recent mishandling of personal data.
The Deckers Brands-owned performance footwear label and the Austin, Texas-based active lifestyle brand have announced the launch of a collaborative unisex capsule featuring Hoka’s popular Clifton 4 running shoe.
Coty has named Esra Erkal-Paler, former head of external affairs at AstraZeneca, as chief global corporate affairs officer & executive committee member, a new position that will lead communications strategy and growth.
Personalized kids subscription service Kidbox has secured $15.3M in Series B funding that will be used to expand the data science team and drive customer acquisition. The company's total funding raised to date is $28M.
The Miami-based apparel group announced on Wednesday that it has entered into a license agreement with Rosega S.A. for the design and distribution of men’s dress shirts under the Manhattan brand in Argentina.