Unilever Moves Forward With Ice Cream Business Demerger
Demerger Back on Track After Months of Delays Unilever is finally moving ahead with the long-planned separation of its ice cream division. The new company will operate as The Magnum…
Italy’s Confindustria Moda Calls for Action on Illegal Labor Without Hurting Fashion’s Image
Confindustria Moda and Confindustria Accessori Moda are urging Italy’s fashion industry to fight illegal labor practices — but without the dramatic media coverage that could damage the entire sector. Their…
Ulta Beauty Boosts Annual Forecast as Shoppers Snap Up Makeup and Skincare
Ulta Beauty is heading into the holiday season with a strong dose of confidence. The beauty retailer has raised its full-year sales and profit outlook after seeing a big jump…
Burberry Promotes Two Senior Leaders to Key Supply Chain and Customer Executive Roles
Burberry has announced two major internal promotions as the company continues its turnaround strategy. The luxury brand has appointed Matteo Calonaci as its new Chief Operating and Supply Chain Officer…
Netflix Set to Buy Warner Bros’ Film and Streaming Businesses in a Massive $72bn Deal
Netflix has agreed to buy Warner Bros Discovery’s film and streaming units for $72 billion (£54bn). The deal marks one of Hollywood’s biggest shake-ups in decades. Netflix beat Comcast and…
LVMH Succession? “We Hardly Ever Talk About It,” Says Bernard Arnault’s Wife
LVMH Succession? Arnault’s Wife Says the Family “Almost Never” Talks About It Hélène Mercier, the wife of LVMH CEO and chairman Bernard Arnault, says the family rarely discusses who will…
Polish Fashion Giant LPP Says It Can Surpass Yearly Goals Despite Rising E-Commerce Competition
Polish fashion retailer LPP says it’s on track to meet — or even beat — its financial targets for the year, despite growing competition from Chinese online platforms in Europe.CFO…
US Navy Admiral Briefs Congress After Controversial ‘Double-Tap’ Strike in Caribbean
A senior US Navy admiral is under pressure in Washington after a controversial “double-tap” strike on a suspected drug-smuggling boat in the Caribbean. The September 2 operation has raised serious…
Honduras Election Deadlocked as Technical Glitches Delay Final Vote Count
Honduras is facing a nail-biting presidential race, with the vote count dragging into a fourth day and tensions rising across the country. With just over 84% of ballots counted, conservative…
Trump Hosts DR Congo–Rwanda Peace Deal Signing as Fighting Escalates Back Home
Hope and tension are rising at the same time as the Democratic Republic of Congo (DR Congo) and Rwanda prepare to sign a major peace agreement in Washington, DC. The…
