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...“The retail investor just sees that ‘Oh, you got $40mn of funding and you’re going to be able to increase product lines, and better revenues mean the company fundamentals will go up’,” said Mark Basile,...
...Clive Black, a retail analyst at Shore Capital, said it was “a stunning appointment”, adding: “There’s no one who knows consumer products better than Lewis.”CD&R invests across six core sectors, including...
...Unilever, which also owns brands from Dove soap and Cif cleaning products to Magnum ice creams and Marmite, said in December 2022 that the lawsuit had been resolved....
...DraftKings’ Boston headquarters are located a mile from Northeastern University, where Daynard teaches. The class action comes on the heels of a 2018 Supreme Court ruling liberalising the industry....
...Macy’s central problem remains the same as 10 years ago: the products it sells and the environments in which it sells them fail to appeal, in particular, to younger consumers....
...In many cases, those French regulations dictate minimum pricing on products. In addition, the rules cap discounts that retailers can give on health, beauty and hygiene products to 34 per cent....
...The rise of lawsuits against China’s online fast-fashion groups is, in part, about the rise of counterfeit products....
...Musk said on X this month that he wanted to increase his stake in Tesla to 25 per cent — from his current 13 per cent, according to regulatory filings — in order to develop its AI products....
...But, according to Sarah Willersdorf, global head of luxury at Boston Consulting Group, expansion into second- and third-tier cities was well under way before the pandemic — especially in India and China....
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
...The changes were made in part to accelerate Nike’s transition away from relying primarily on selling its products through retail stores towards selling more directly to consumers, especially online....
...This week, the tour approved a deal for a group of investors led by Liverpool FC and Boston Red Sox owner John Henry and his Fenway Sports Group to buy into the new entity....
...Walmart said prices for some of its products did not decline as much as it had anticipated during the most recent quarter, reflecting the sticky inflationary environment in the US that is prompting investors...
...Carrefour’s decision to stop stocking PepsiCo products is not the first time such tactics have been deployed by retailers seeking leverage in negotiations with suppliers....
...Widerström has installed a new executive team, including a finance chief, chief technology officer and product head....
...Indeed, Walmart’s comments about demand are consistent with the longer term trends in retail sales we see in the government data: a gentle slowdown with quite a lot of variety among different retail categories...
...Apple has no product in foldables (1% of market, used to be 20%), and there appears to be no obvious AI strategy. 7. Where’s its Galaxy S24 Ultra?...
...It sounds so trivial: a consumer scrolls on a social media app and taps to buy a product featured in a video. But this is becoming a very big business....
...Norges, which runs the world’s biggest sovereign wealth fund, said in its voting disclosures that Apple’s board should account for “social consequences of its operations and products”....
...The Boston-based private equity group is focused on investing in the consumer goods sector and has been snapping up unloved brands from fast-moving consumer goods giants....
...But, given retail sales growth and assuming a similar margin to last year’s, one might be looking at about £450mn....
...“The opportunity differs greatly across market segments and across product categories,” says Jocelyn Wilkinson, a partner and associate director at Boston Consulting Group....
...It casts further uncertainty over when sales of the two products — which were released in September — can resume, even as Apple faces concerns over the strength of its hardware sales....
...According to Mastercard SpendingPulse, which measures activity in stores and online across all forms of payment, US retail sales on Friday excluding automotive categories were up 2.5 per cent year on year...
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