China’s Videogame Makers Tap Overseas Markets as Home Prospects Dim
Chinese videogame companies are moving rapidly into the U.S. and other overseas markets as regulations at home tighten and user...
Consumer Goods
WSJ News Exclusive | Roblox Poaches Seasoned Meta Executive as It Chases Growth in Asia
HONG KONG— Roblox Corp. RBLX -2.19% has poached a Meta Platforms Inc. executive for the newly created role of Asia-Pacific...
Winemakers in Southern Europe Grapple With Extreme Weather
Lucio Salamini has witnessed the weather patterns around his family’s vineyard in northern Italy change dramatically over the past 30...
Victoria’s Secret Is Trying a New Look. Can Customers Be Convinced?
Victoria’s Secret VSCO 4.16% spent the last year trying to shift from a brand associated with the male gaze to...
Shops Ordered Lots of Bikes in 2020. Peddling Them Is an Uphill Climb.
ElliptiGo Inc. Chief Executive Bryan Pate didn’t have enough of his outdoor elliptical bikes to sell when demand surged in...
Samsung Leader Jay Y. Lee Receives Presidential Pardon for Bribery Conviction
SEOUL— Samsung’s de facto leader, Lee Jae-yong, will receive a pardon on Monday, South Korea’s presidential office said, a legal...
Videogame Companies Face Slowdown as People Spend Less on Gaming
The videogame industry is seeing a sharp slowdown in growth as people are going out again after a pandemic-fueled spurt...
Under Armour Lowers Profit Targets for Year
Under Armour Inc. UA 2.06% lowered its profit targets for its fiscal year, saying the price markdowns and higher freight...
Activision Blizzard Profit Slumps as Sales Shrink
The videogame publisher’s adjusted per-share earnings slipped from the year-ago period but met analysts’ estimates. Photo: Sergio Flores/Bloomberg News Activision...
Celsius Energy Drink Gets $550 Million Investment From PepsiCo
Celsius is a sugar-free, caffeinated beverage that markets itself as a healthy alternative to other energy drinks. Photo: John Parra/Getty...
Procter & Gamble Sounds a Warning After Strong Quarter
Procter & Gamble Co. PG -6.18% , maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth...
Rising Costs Drag on Nestlé’s Profit Despite Higher Selling Prices
Higher costs for commodities, freight and energy are starting to eat into profit at Nestle SA, even as the world’s...
Cheaper Beer, Cigarettes Gain Favor as Inflation Pinches Shoppers
Shoppers are trading down to cheap beer brands and discount cigarettes as they feel more pressure on their pocketbooks.Consumer prices...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
Bed Bath & Beyond Followed a Winning Playbook—and Lost
Mark Tritton arrived at Bed Bath & Beyond Inc. BBBY -12.05% in 2019 with a plan to revive the home-goods...
Samsung Floats Nearly $200 Billion Spend on New Texas Chip Plants in Next Decades
SEOUL— Samsung Electronics Co. has floated the prospect of investing nearly $200 billion for 11 new chip-making plants in Texas...
Hulu Is Driving More Streaming Subscribers to Disney Than Marvel or Star Wars
Hulu has emerged as Walt Disney Co. DIS 0.53% ’s fastest-growing U.S. streaming service, just as the company loads up...
WSJ News Exclusive | Amazon Has Been Slashing Private-Label Selection Amid Weak Sales
Amazon.com Inc. AMZN 0.21% has started drastically reducing the number of items it sells under its own brands, and the...
Twitter Sues Elon Musk to Enforce $44 Billion Merger
Twitter Inc. TWTR 4.32% sued Elon Musk over the billionaire’s attempt to walk away from his $44 billion takeover bid,...
