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Estée Lauder's Big Bet on China Is Looking Not So Pretty
Business

Estée Lauder's Big Bet on China Is Looking Not So Pretty

Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link

Kraft Heinz Names Carlos Abrams-Rivera as Next CEO
Business

Kraft Heinz Names Carlos Abrams-Rivera as Next CEO

What to Read Next Source link

Viet Dinh to Leave as Fox's Chief Legal Officer
Business

Viet Dinh to Leave as Fox's Chief Legal Officer

The architect of the company’s ill-fated strategy in a defamation battle that resulted in a record $787.5 million settlement is leaving his post at year’s

Diamonds Are on Sale. They Won't Be Forever.
Business

Diamonds Are on Sale. They Won't Be Forever.

A postpandemic glut has led to falling prices for some gems, but they are likely to bounce back. Source link

Amazon Cuts Dozens of House Brands
Business

Amazon Cuts Dozens of House Brands

The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as it works to fend off

Bacardi's Russia Business Grows as Other Booze Makers Leave Country
Business

Bacardi's Russia Business Grows as Other Booze Makers Leave Country

The owner of Grey Goose vodka and Bacardi rum is hiring staff and shipping millions of dollars of products to the market. Source link

Anheuser-Busch Selling Shock Top, Blue Point to Cannabis Company Tilray
Business

Anheuser-Busch Selling Shock Top, Blue Point to Cannabis Company Tilray

The Bud Light owner is selling eight beer and beverage brands for an undisclosed amount. Source link

Campbell's Sauce Upgrade Looks to Be Worth the Cost
Business

Campbell's Sauce Upgrade Looks to Be Worth the Cost

The food company’s acquisition of Sovos, maker of the premium Rao’s tomato sauce, isn’t cheap. But it makes good strategic sense. Source link

Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm
Business

Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm

Angela Ahrendts will be joining SKKY Partners as senior operating adviser. Source link