A double-digit decline was attributed to the brand’s distribution changes.

Successful social media acquisitions require keeping both talent and technology in place. Neither is likely to happen in a deal for the Chinese app, writes Dave Lee.

The company has continued to struggle with growing “at scale” and issued a warning in February that revenue may not start increasing again until the fourth quarter.

The outerwear company is set to start selling wetsuits made in part by harvesting materials from old ones.

Spatch will debut on May 4 with a nine-piece collection of skin-perfecting products designed for professional and consumer use.

The Danish company, which makes more pieces of jewellery than any other in the world, said organic sales are projected to rise 8-10 percent this year.