Brand News: 10 Things You Need to Know for Friday, February 23



KFC rearranges its logo in a spicy apology for running out of chicken in the UK, which forced the closure of hundreds of locations.

Airbnb CEO Brian Chesky commits to accountability as company unveils growth roadmap.

Anbang Insurance has been seized by the Chinese government.

BMW plans to produce electric MINI vehicles in China.

Condé Nast pitches ad network comprised of digital brands including The Hive, AD Clever, Basically, Healthyish, GQ Style and Teen Vogue.

Finland is selling Altia, its state-owned alcohol business.

General Mills is buying pet food maker Blue Buffalo for $8 billion.

Kering parts ways with Stella McCartney.

Nissan confirms Easy Ride “concierge service on wheels” test.

Snap lost $1.3bn in market value after one tweet by Kylie Jenner:


Land Rover is launching its first phone at Mobile World Congress:

Suitsupply, a Dutch menswear brand, surprised by backlash to same-sex campaign for new collection.

& The Ordinary cult beauty brand apologizes after founder at Deciem goes on an Instagram rant.

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