In the News: Burberry, Gap, P&G and more


In the News

Apple shares reach $700 as iPhone 5 shatters sales record.

Belvedere owes Bruce Willis for years of representing Sobieski vodka.

Burberry says strategy won’t change as brand brings capes to London Fashion Week.

Chrysler and GM will get a chance at deal similar to new labor accord between Ford and Canadian Auto Workers.

Conde Nast plans French Vanity Fair.

Dole Food to sell businesses to Itochu.

Dos Equis finds some fans unimpressed with Obama endorsement by its “most interesting man” actor.[more]

Fatburger to grow throughout China.

FedEx reduces forecast as demand for premium services slumps.

Gap hires new global design director, Rebekka Bay, from H&M‘s COS brand.

GE medical businesses feel effects of corporation’s own health-care cuts.

General Mills brings back Cheerios Kid and Jolly Green Giant in nostalgic appeal.

Goldman SachsWhy I’m Quitting” former exec Greg Smith is publishing a new book.

Google allows shooting of Will Ferrell film on its campus as YouTube faces censorship over anti-Muslim video.

Guinness commissions sculpture and “paints the town black” in Singapore.

Hamleys sold to French toy company.

IKEA says CEO to retire.

Jaeger LeCoultre updates Paris flagship.

JetBlue follows other airlines with Wi-Fi addition.

Kellogg’s Krave cereal plans UK trolley promotion.

L’Oreal sees payoff from boost in digital marketing spending.

Lenovo buys U.S. software firm, Stoneware.

McCormick expands spice brand to its first retail store.

Newsweek fans Muslim outrage with controversial cover.

Pepsi marks 25th anniverary of Michael Jackson’s “Bad” with new spot.

P&G puts Gillette advertising account up for review.

Royal favorite Amanda Wakeley aims to expand brand with new investment.

Shell postpones Arctic drilling.

Smythson looks to become the next big British brand.

Starwood brings Element hotel brand to Europe, Sheraton to secondary cities in China.

Twitter unveils “mobile-first” design enhancements.

Ugg devalues brand with e-discounts, analyst argues.

Virgin Mobile accused of inadequate security.

William and Kate win injunction over publication of topless photos.

Yum! Brands growth pegged to Asian markets.