• Lindex owner Stockmann reports Q2 revenue, profit growth

    2 monthes ago - By Fashion United

    Image: Lindex, Facebook
    Finnish fashion group Stockmann has reported a 21.4 percent increase in consolidated revenue to 228 million euros in the second quarter of the year.
    For the three months to June 30, the group reported an operating profit of 26.3 million euros compared to a loss of 0.4 million euros a year earlier, and an adjusted operating profit of 26.7 million euros compared to a loss of 0.8 million euros.
    Its gross margin increased to 60.5 percent from 54.1 percent.
    For the half year, the group reported a 6.5 percent increase in consolidated revenue to 383.7 million euros.
    The...
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  • Mark Zuckerberg's Personal Security Cost Facebook $23.4 Million USD in 2020

    Mark Zuckerberg's Personal Security Cost Facebook $23.4 Million USD in 2020

    2 monthes ago - By Hypebeast

    A new report indicates that Facebook CEO Mark Zuckerberg has spent more than $20 million USD of his company's money on his personal security in 2020 alone. According to research from Protocol which looked at the amount spent by companies on 11 different big tech executives, Zuckerberg came out on top by far with a cost of $23.4 million USD across the last year, contributing to more than half of the collective cost of $46 million USD spent by all 11 executives. Following closely in second place is Facebook COO Sheryl Sandberg, who spent $7.6 million in 2020. In comparison, Google CEO Sundar...
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