America’s favorite cereal brand has been sold for $3.1 billion
Luxembourg / Battle Creek, MI – The Ferrero Group has agreed to acquire WK Kellogg Co for $23 per share in cash, valuing the cereal maker at $3.1 billion and representing a…
New York City’s Favorite Deli Meat Brand Recalled After Listeria Found
NEW YORK, NY — New Yorkers have a longstanding affection for Boar’s Head deli meats, a brand synonymous with quality and tradition in countless delis across the city. From bustling bodegas in…
Kirin sees Japan whisky ‘renaissance’ driving 50% export of premium brand
By Rocky Swift and Mayu Sakoda TOKYO (Reuters) – A Japanese whisky “renaissance” will help Kirin Holdings more than double exports of its premium brand by 2025, the company’s master blender said.…
Tesla says California agency implicitly approved of its ‘Autopilot’ brand
(Reuters) – Tesla Inc defended its use of “Autopilot” and “self-driving” for its driver assistance features, arguing in response to a California regulatory action that the agency had implicitly approved the terms…
In China’s slowing beauty market, big brand discounts won’t cut it
By Casey Hall SHANGHAI (Reuters) – Expensive beauty hauls are a thing of the past for Evelyn Zhu. The Chinese branding professional says she now only spends on skincare essentials, joining millions…
Food company Danone in talks to sell its Michel et Augustin brand
PARIS (Reuters) – French food company Danone said on Wednesday that it is in exclusive talks with Italian chocolate firm Ferrero over the sale of Danone’s Michel et Augustin brand, whose cookies,…
Revived Moskvich car brand breaks into Russia’s top 10
(Reuters) – Russia’s Soviet-era Moskvich car entered the country’s list of top 10 best-selling brands for the first time in November, data from Russian analytical agency Autostat showed on Tuesday. November sales…
Volkswagen brand cost-cutting plan running behind schedule – sources
By Victoria Waldersee BERLIN (Reuters) – Volkswagen is running behind schedule in defining key measures of a planned 10 billion euro ($10.5 billion) cost-cutting drive for its namesake brand, two people familiar…
Former CEO Of Iconix Brand Group Sentenced To 18 Months In Prison For Accounting Fraud
Damian Williams, the United States Attorney for the Southern District of New York, announced earlier today that NEIL COLE, the former Chief Executive Officer of Iconix Brand Group, Inc. (“Iconix”), was sentenced…
A second UK police force opens investigation into Russell Brand claims
LONDON (Reuters) – A second British police force said on Monday it had launched an investigation following allegations of harassment and stalking made against actor and comedian Russell Brand. Last month, the…
Volkswagen’s works council demands clarity on VW brand turnaround plan
BERLIN (Reuters) – Volkswagen’s works council is demanding more information on a cost-cutting and efficiency drive being drawn up for the automaker’s main passenger car brand, saying employees needed more transparency from…
‘We Are Going To Go Off The Brand’: UAW Worker Rips Biden, Says ‘We Need To Change Things’
‘We Are Going To Go Off The Brand’: UAW Worker Rips Biden, Says ‘We Need To Change Things’ Harold Hutchison on September 15, 2023 A member of the United Autoworkers (UAW) ripped…
Brazil Burger King brand owner’s shareholders reject poison pill in win for Mubadala
SAO PAULO (Reuters) – Zamp, the owner of the Burger King brand in Brazil, said on Tuesday its shareholders rejected a proposal to include a poison pill in its internal bylaws, a…
Army Launches Second Phase Of Brand Reboot Focused On ‘Relatability’
Army Launches Second Phase Of Brand Reboot Focused On ‘Relatability’ Micaela Burrow on August 21, 2023 The Army released the second wave of promotional videos in its rebranding campaign Monday intended to…
New Jersey-Based Campbell’s to Buy Leading Brand of Italian Sauce
CAMNDE, NJ – On Monday, New Jersey packaged food maker Campbell Soup announced its acquisition of Sovos Brands for $2.33 billion in cash. Sovos Brands is the owner of Michael Angelo’s and…
Family ties were big part of Hunter Biden brand, former Burisma official says
By David Morgan WASHINGTON (Reuters) – Hunter Biden gave the impression to executives at Ukrainian energy company Burisma that he had leverage because of his father, Joe Biden, and sold those family…
Volkswagen in talks with Leapmotor on tech tie-up for Jetta brand – China media
BEIJING (Reuters) -Volkswagen is in talks with Chinese electric vehicle startup Zhejiang Leapmotor Technology about the possibility of cooperation for Volkswagen’s Jetta brand, a Chinese media outlet reported on Wednesday, citing sources.…
‘All The Right Enemies’: Russell Brand Asks DeSantis If He’s Part Of The ‘Establishment’
‘All The Right Enemies’: Russell Brand Asks DeSantis If He’s Part Of The ‘Establishment’ Harold Hutchison on July 21, 2023 Republican Gov. Ron DeSantis of Florida told actor and podcast host Russell…
Renault brand sales up 11% in first half
PARIS (Reuters) – French automaker Renault said on Tuesday worldwide sales of its flagship brand rose 11% in the first half of the year to 770,807 units, extending a rebound after four…
H&M to grow third-party brand strategy as online rivalry intensifies
STOCKHOLM (Reuters) – H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday, as one of the world’s top fashion retailers ramps up its effort…
Disney Exec Joins CCP-Linked TikTok To Oversee ‘Brand And Communications’
Disney Exec Joins CCP-Linked TikTok To Oversee ‘Brand And Communications’ Jason Cohen on June 22, 2023 Ex-Disney executive Zenia Mucha is joining popular Chinese Communist Party-linked video platform TikTok to oversee branding…
Ferrovial says Dutch relocation could damage brand in Spain
MADRID (Reuters) – Ferrovial’s decision to move its holding company to the Netherlands to try to speed up a U.S. listing could have an adverse impact on its brand in Spain, the…
French power company Engie launches new electric car charger brand
PARIS (Reuters) – French power company Engie said on Thursday it is launching a new brand called Vianeo which will form part of its push into the potentially fast-growing sector of building…
Volkswagen launches extra shifts at Wolfsburg plant – brand board member
HAMBURG (Reuters) – Volkswagen has introduced extra shifts at its factory in Wolfsburg, the carmaker’s biggest, after supply chain disruptions in the wake of the Ukraine war and global chip shortage have…
Geely’s EV brand Zeekr jumps on the ‘gigapress’ bandwagon
By Norihiko Shirouzu (Reuters) – Geely’s EV brand Zeekr is the latest to join a growing list of automakers that have turned to the “gigapress” die casting technique pioneered by Tesla to…
Norfolk CBP Officers Seize Over $700K in Counterfeit Designer Brand Clothes, Shoes, Purses
NORFOLK, Va. – U.S. Customs and Border Protection officers seized over $700,000 in counterfeit designer brand name clothes, purses, scarves, sneakers and other items in Norfolk, Va., on March 16. CBP officers…
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