[ad_1] The U.K. Competition and Markets Authority said it has launched an investigation into environmental claims made by Unilever regarding some of its household products. The CMA said Tuesday that…
Tag: Consumer Goods
Doing Business in China? You Should Stay the Course
[ad_1] Doing business in China, one American consumer goods exporter said to me, is like having a bad boyfriend. There’s no trust, lots of angry exchanges, and you don’t really…
WSJ News Exclusive | Hasbro Cutting 1,100 Jobs After Sluggish Toy Sales Persist Into Holidays
[ad_1] Updated Dec. 11, 2023 5:23 pm ET Hasbro is cutting nearly 20% of its workforce as weak sales for toys and games persist into the critical holiday shopping period. …
BOJ Should Raise Interest Rates Before Next Summer, Suntory CEO Says
[ad_1] TOKYO—Takeshi Niinami, chief executive of beverage maker Suntory Holdings and the head of a Japanese business lobby, called on the Bank of Japan to raise interest rates, saying it…
What’s Behind Warren Buffett’s Fight with a Truck-Stop Mogul
[ad_1] Listen to article (2 minutes) Warren Buffett and truck-stop mogul Jimmy Haslam are fighting over a seemingly obscure accounting method. What’s really at stake: possibly as much as $1.2…
Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings
[ad_1] Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well. That was the reported cost for Tan…
Luxury Stores Are Bursting With Unsold Stuff
[ad_1] Fashionistas can smell blood. Luxury brands need to find ways to unload their growing pile of unsold stock without reeking of desperation. The luxury industry is slowing as shoppers sober…
Shopping for Luxury Online Has Fallen Out of Fashion
[ad_1] Stocks that unite two of the world’s most successful industries, European luxury and American tech, might sound like winners. Instead, companies that sell luxury goods online have turned into…
WSJ News Exclusive | Verizon Taps Peloton’s Marketing Chief as CMO
[ad_1] Verizon Communications has hired Peloton Interactive marketing head Leslie Berland as its new chief marketing officer. Berland, 45 years old, joined fitness equipment maker Peloton in January following her…