PayPal has offered to buy Pinterest for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more tie-ups between financial technology and social media companies in e-commerce.
U.S. online holiday spending is expected to grow at its slowest pace in at least eight years, as product shortages, higher prices and pandemic-related uncertainties threaten to put a strain on the shopping season.
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.
“We are obsessed with technology and all its benefits,” said Sébastien Meyer, one half of the duo that created Coperni. So much so that Meyer and partner Arnaud Vaillant even cast Steve Jobs’ daughter Eve in their show.
The Covid-19 pandemic was far from the minds of designers at London Fashion Week, whose shows set out a vision of a more colorful, optimistic, and dynamic mood than has been seen in the past several months.