Unilever and Procter & Gamble, the world's top two advertisers, are seeking out younger audiences by reallocating some 2021 spending away from traditional TV and into video games, streaming services and media programs.
American Eagle Outfitters Inc reported quarterly revenue that missed estimates on Thursday as the apparel retailer's online business slowed following vaccinations and the easing of some COVID-19 curbs.
Amazon.com Inc's forecast for third-quarter sales missed Wall Street expectations on Thursday, as consumers return to brick-and-mortar stores after shopping more online for the past year due to the pandemic.
Amazon.com Inc's Prime Day saw strong online sales growth in the United States on Monday even as supply chain snafus and a robust spending appetite limited the level of discounts on popular products like electronics.
Netflix Inc will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on "Stranger Things," "Lupin" and other popular shows, the streaming giant said on Thursday.
Retailers and unions negotiating over a legally binding workers' safety accord in Bangladesh due to expire on Monday reached a tentative deal to extend it by three months, unions involved in discussions said.