Tag: Retail industry
Nike teams up with Skims to launch new brand
Mannequins displaying shapewear at a Skims pop-up shop at the Nordstrom flagship store in New York, US, on Sunday, June 9, 2024. Bing Guan | Bloomberg [...]
Coca-Cola launches Simply Pop prebiotic soda to rival Olipop, Poppi
Coca-Cola is launching a prebiotic soda brand called Simply Pop, taking on upstarts Olipop and Poppi.Starting in late February, consumers on the West [...]
McDonald’s, Chipotle warn of weak first quarter
A McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesIn like a lion, out like a lamb.That' [...]
Target Walmart DEI decisions could hurt Black founders
Brown Girl Jane's sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an [...]
Tom Brady buys ownership stake in sports collectibles company
Seven-time Super Bowl champion Tom Brady is entering the sports collectibles space.Brady will acquire a 50% stake in CardVault, a sports card and memo [...]
Olipop prebiotic soda valued at $1.85 billion in funding round
Super Bowl ad of Poppi.Source: PoppiPrebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which [...]
ESPN host Stephen A. Smith ‘wouldn’t mind’ being U.S. president
Outspoken ESPN personality Stephen A. Smith is not ruling out a presidential run in his future.In an interview with CNBC Sport, Smith said, "I wouldn' [...]
Restaurant Brands International (QSR) Q4 2024 earnings
Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King [...]
Tequila mezcal sales are growing but Mexico tariffs may hit industry
A seller holds up a bottle of Casamigos, tequila from Diageo, the world's leading spirits maker, as U.S. President-elect Donald Trump plans to impose [...]
Coca-Cola discusses Trump aluminum tariffs
Coca-Cola bottles are seen at a shop in Srinagar, Jammu and Kashmir, on Jan. 28, 2025.Firdous Nazir | Nurphoto | Getty ImagesCoca-Cola will shift more [...]
AI-powered company ScorePlay raises $13 million, led by athletes
ScorePlay video clipping toolScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company a [...]
Coca-Cola (KO) Q4 2024 earnings
James Quincey, CEO of Coca-Cola, speaking on CNBC's "Squawk Box" outside of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Mil [...]
McDonald’s (MCD) Q4 2024 earnings
A McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024.Mario Tama | Getty ImagesMcDonald's is set to report its fourth-quarter earnings before t [...]
Skinny jeans are making a comeback
The vilified linchpin of millennial and Y2K fashion – the skinny jean – might be on its way to a comeback.Over the last few months, a range of skinny [...]
Beauty stocks post major losses after a week of worrying results
An Estee Lauder counter is seen on the floor of a department store in Brooklyn on Feb. 5, 2025 in New York City.Spencer Platt | Getty ImagesSeveral be [...]