Marketplace for Friday August 29, 2014
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Personal income and spending seemed to stall in July, according to figures out today. Yet consumers and businesses both say they’re as confident as they’ve been in the economy in years. We dig into the apparent contradiction in terms. Plus, Morgan Stanley has been buying up diesel contracts in Europe. Big time. What does this say about commodity markets and their players. Also, Abercrombie and Fitch has decided to take the labels off its clothes. The move reflects a trend amongst younger shoppers who are increasingly buying from brands that don’t use a logo, such as Zara or H&M. But it also reflects the company’s recent poor performance.
Posted In: colleges, sexual assault, apps, News
Consultants and app developers are lining up to help schools - and cash in.
Posted In: Abercrombie & Fitch, trends, clothing, fashion
The company is making changes to appease current trends and make money.
The week that was in business and the economy.