Gieves & Hawkes, Tailor Favored by British Royalty, Secures Rescue
The Savile Row suit maker is back in British hands after five ill-fated years of Chinese ownership that threatened its...
Consumer Goods
Adidas to Probe Misconduct Allegations Against Kanye West
Former employees say the sportswear company’s management turned a blind eye to the musician when he was working to develop...
Apple, Fortnite Battle Moves Before Appeals Court Over App Store Monopoly Claims
Three judges are hearing the high-profile case that now includes the Justice Department and could determine the fate of the...
Qatar Airways Says Airbus Exerted Influence Over Regulator in Paint Dispute
The airline made the accusation to a London court as part of a case in which it claims that surface-paint...
Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss
CEO Michelle Gass has been under attack from activist investors for sales declines and a steep drop in the department-store...
Nike Suspends Partnership With Kyrie Irving After He Shared Anti-Semitic Film
BusinessSportswear giant says it won’t release Kyrie 8 sneaker, one of its flagship products Source link
Elon Musk Says Twitter Has Had Massive Revenue Drop
Elon Musk tweeted that Twitter has had a massive drop in revenue due to activist groups pressuring advertisers, as the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
Peloton’s Quarterly Sales Fall Again but Losses Narrow
BusinessEarningsCompany predicts revenue could drop 37% in holiday quarter, with CEO saying turnaround is ahead of schedule Source link
Merck Is Coming for Pfizer’s Pneumonia Vaccine Market Share
HealthRivals’ interest in the $7 billion market shows the drug industry’s renewed focus on vaccines Source link
WSJ News Exclusive | Fast-Fashion Juggernaut Shein’s Sales Close In on Zara, H&M
Online retailer Shein is on track to generate revenue of $24 billion this year, according to people close to the...
Skechers Says Kanye West Escorted From Office After Showing Up Uninvited
BusinessFootwear company says it ‘is not considering and has no intention of working with West’ Source link
Chip Maker SK Hynix Slashes Capital Spending
SEOUL—SK Hynix Inc., one of the world’s biggest chip makers by revenue, halved its planned investments for next year due...
Soaring Inflation Pushes Halloween Candy Prices Scary High
Soaring inflation has already strained home buyers, drivers at the gas pump and people buying plane tickets.Now it’s coming for...
Companies Take Different Strategies to Navigate High Inflation
The first batch of earnings reports from companies for the September quarter show that corporate profit margins are feeling the...
Philip Morris Raises Offer for Swedish Match and Buys U.S. Rights for IQOS
Philip Morris said it is now offering 116 Swedish kronor, equivalent to $10.34, for each Swedish Match share, up from...
Pernod Ricard to Buy Stake in Tequila Maker Backed by Country Star George Strait
Pernod Ricard SA has agreed to buy a majority stake in Codigo 1530 Tequila, a premium spirits brand backed by...
South Korean Internet Giant Offers Glimpse of a 5G Private Network Future
SEONGNAM, SOUTH KOREA—At the new headquarters of South Korea’s largest internet company, a fleet of self-driving robots whirl around delivering...
WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped
John Foley, the co-founder and former chief executive of Peloton Interactive Inc., PTON -3.41% faced repeated margin calls on money...
Lego Owner to Acquire Education-Technology Firm Brainpop
Lego owner Kirkbi A/S is buying U.S. video-learning firm Brainpop for $875 million, according to the companies, as the family...
