Posted by Shirley Brady on July 27, 2011 06:00 PM
Apple, Microsoft and Cisco lead Moody's richest companies list, while iPhone 5 anticipation grows.
Banks bracing for US downgrade don't see panic yet.
Dunkin' shares jump 46% on first day of trading.
LVMH now owns 20% of Hermes.
NBC faces objections to upcoming series about the Playboy club.
PayPal boycotted by hacktivists.
Samsung reigns as Android champion.
Spanx taps into women's gym wear popularity.
Starbucks Facebook strategy shows value of engagement.
UBS sued by US regulator over $4.5 billion of mortgages.
Posted by Shirley Brady on July 19, 2011 06:00 PM
Apple's blockbuster earnings report includes surprises, such as popularity of iPads over Mac sales to education market.
Baidu launches browser in China.
Bank of America posts record quarterly loss.
Coca-Cola gains market share despite soft market.
Dupont sued over herbicide as brand supports sustainable aquaculture.
Facebook and NBC partner for GOP presidential debate, as Facebook ads increase 1,900% in year, 104% in one quarter.
Goldman Sachs prepares to trim workforce in wake of disappointing quarter.Continue reading...
Posted by Dale Buss on July 18, 2011 09:00 AM
News Corp. shares tumble as company goes on PR offensive with print apology as News International's former head Rebekah Brooks was arrested Sunday, London's police chief quits and actor Jude Law claims his phone was hacked. Prime Minister David Cameron called in Parliament to deal with the scandal, as speculation rises about possible harm to Murdoch's US empire.
ABS by Alan Schwartz balks at design copyright protection.
Amana introduces new online shopping tool.
Australia's government launches campaign for carbon tax.
Borders faces liquidation.Continue reading...
Posted by Dale Buss on May 19, 2011 09:00 AM
Apple reportedly cuts licensing deal with EMI and moves closer to cloud-based music service, as iPad sales impact HP and Dell.
AT&T presses case for T-Mobile merger.
CBS brings Ashton Kutcher and his Two and a Half Men co-stars at advertisers' fall upfront.
Citigroup awards CEO Vikram Pandit with big retention package.
Coca-Cola launches 2012 Olympics promotion a year early.
Delta cuts capacity to Europe with Air France as airline’s executives recount complex merger with Northwest.
Disney reportedly seeks to develop TV series about SEALS team that killed Osama bin Laden.
Facebook gets new scrutiny over kids in social ads.
Gap CEO undertakes urgent revamp of the brand.Continue reading...
Posted by Dale Buss on May 12, 2011 09:00 AM
Apple's latest iPad 2 customer: the Queen of England.
AT&T defends T-Mobile acquisition.
Cisco predicts more hardship and further job cuts.
Deutsche Borse head urges NYSE shareholders to approve merger.
Goldman Sachs reputation suffers in poll.
Hermes results quantify comeback of luxury sector.
J&J recalls HIV drug as its Cordis unit loses patent dispute to Boston Scientific.Continue reading...
Posted by Dale Buss on March 18, 2011 09:00 AM
As Japan nuclear crisis continues, Tokyo Electric Power downgraded by Moody's.
BlackBerry owner RIM locks horns with wireless carriers over mobile-payment data.
Disney reminds TV advertisers that Mom is watching too.
General Mills is in talks to buy $1.1 billion stake in Yoplait for more than 50% of brand.
GM considers expanding into dealer-inventory financing.
Honda tries to patch supply chain back together in Japan, while GM shutters Louisiana pick-up truck plant due to parts shortage from Japan.Continue reading...
Posted by Barry Silverstein on March 8, 2011 11:30 AM
It's getting to the point where one might consider LVMH the European Union of brands.
The French conglomerate, which legitimately calls itself a "world leader in luxury goods," owns 60 upper echelon brands, many of which have the kind of global cachet most brands can only dream about. These brands accounted last year for more than 20 billion euros in sales and 3 billion euros in profit.
The LVMH stable includes Dom Perignon, Krug and Hennessy in wine and spirits; TAG Heuer and DeBeers in watches and jewelry; Celine, Givenchy and Louis Vuitton in fashion; Christian Dior, Emilio Pucci and Fendi in perfumes and cosmetics; and beauty products purveyor Sephora in specialty retailing.
Add the one billion-euro Italian luxury jewelry brand, Bulgari to the list, acquired this week by LVMH.Continue reading...
Posted by Shirley Brady on March 6, 2011 05:10 PM
The biggest news at Paris Fashion Week continues, as Dior chief today attends ousted designer John Galliano's private label fall runway showing in Paris (above), and says he will keep continue to financially support Galliano's label for now. Other fashion news:
• Also making a splash at Paris Fashion Week: Chanel fetes Blake Lively as brand's latest handbag ambassador ... LVMH circles its next target: Hermès ... Former Burberry ambassador and Harry Potter star Emma Watson is collaborating on an eco-friendly fashion collection for Alberta Ferretti.Continue reading...