Brand News: Tesla, Banana Republic, Starbucks China and More

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Tesla Model 3

The latest top stories, news and brand campaigns:

Tesla reveals its mystery product news—that self-driving technology is coming to all cars—as new Model 3 orders are delayed until 2018.

Banana Republic pulls out of the UK as Staples reportedly looks to pull out of Europe.

Starbucks names Belinda Wong China CEO as it prepares to open 5,000 new stores — a new store every day for five years — in the market.


AB InBev buys Northern Brewer as company looks to expand into home beer brewing market.

American Express will report earnings in wake of banks reporting soft credit card operations.

Apple expands the construction of smart homes by partnering with property developers.

Bauer revives FHM magazine as a digital-only brand as Time Inc. takes InStyle UK digital-only.

BuzzBike tests free ad-supported, data-monitoring bikes in London.

Coffee & Bagels adds Argos tea in a house-of-brands attempt to take on Starbucks.

Constellation Brands buys Charles Smith wine brand for $120 million.

Delta unveils new uniforms designed by Zac Posen.

Disney‘s Lucasfilm unit sues a Jedi lightsaber school for trademark infringement.

eBay woos millennials with “we’re more than auctions” messaging revamp.

GE looks for transformation to pay dividends as activist investor Peltz pushes for returns.

Goya Foods cements its status as America’s leading Hispanic foods company.

Huawei‘s Honor smartphone strikes a brand integration deal with Marvel‘s Doctor Strange.

J.Crew reportedly plots major changes in bid to turn around brand.

Macy’s will open earlier on Thanksgiving as the NRF projects $800 billion US holiday spending.

Mitsubishi shareholders cheer Carlos Ghosn as Renault Nissan CEO is set to become chairman.

Morgan Stanley gets a boost from trading as profit rises.

The Great British Bake Off transforms cookery as show readies move from BBC to Channel 4.

The New York Times sets succession plan in motion with A.G. Sulzberger promotion.

PepsiCo CEO Indra Nooyi explains new Performance With Purpose goals in a LinkedIn interview.

Pinterest has produced more than 6,000 branded posts in native advertising push.

Revlon taps Ciara as its new global brand ambassador.

Snapchat‘s long-awaited API opens the floodgates for brand marketers.

Very Good Light aims to capitalize on men’s interest in grooming.

Volkswagen will compete with Audi as it releases Phideon, a China-only luxury-style sedan.

Walmart‘s Vudu introduces free ad-supported video on demand.

The Washington Post adds artificial intelligence to its election coverage toolkit.

Yahoo reports traffic increase and expectations in wake of Verizon‘s case to adjust merger deal.

CAMPAIGNS:

Taco Bell releases MLB World Series “Steal a Base” promo.

Why Walmart CEO Doug McMillon has turned pitchman:

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