Posted by Alicia Ciccone on September 1, 2014 09:53 AM
A&E buys 10 percent of Vice for $250 million.
Apple blocks developers from selling users' health data to marketers; bans hazardous chemicals following China investigation; reportedly strikes payments deal to make next iPhone a mobile wallet with American Express, Visa and MasterCard; sees iBeacon struggle with retailers; and grapples with possible iCloud (via “Find my iPhone”) hack that led to massive nude photo leak affecting Jennifer Lawrence and other actresses.
Nike re-signs (Under Armour-wooed) NBA star Kevin Durant to sneaker deal rumored to be worth $350 million.
Disney files patents for drone-controlled puppets as Google drones find better reception than Amazon tests.
P&G's Tide brand honors uniformed workers on Labor Day (above).
MORE BRAND NEWS
Alibaba faces stiffer homegrown competition ahead of upcoming IPO.
Art Everywhere partnership brings culture to outdoor advertising.
Bayer brings “world’s hangover cure” Berocca to US.
BMW sees bomb-proof fleet get big buy-in from Australian government for G20 Summit.
Comcast acquisition of Time Warner Cable protested by entertainment giants.Continue reading...
Posted by Dale Buss on July 3, 2014 02:50 PM
Maybe it's the onset of summer, but Bayer has decided there’s still value in two tried-and-true consumer brands for Americans: Dr. Scholl's and Coppertone.
Lots of other companies were interested in bagging the summertime stalwarts, but the German drug and chemical giant has decided to keep the foot-care and sun-care icons, widening its own line to include consumer goods. Bayer acquired them as part of a $14.2 billion transaction with US pharmaceutical giant Merck.
When it clinched the deal several weeks ago, Bayer mainly targeted Merck’s non-prescription-drugs business, to which Dr. Scholl’s and Coppertone—known for its iconic Coppertone Girl— were attached. That set off speculation that Bayer—best known in the US for its aspirin and some chemicals—would sell off the two iconic consumer brands.
Each of the brands is worth more than $1 billion—the billion-dollar valuation being the benchmark that also convinced Nestle USA to hold onto Lean Cuisine while unloading Juicy Juice this week. Bayer secured the bundle of properties from Merck after a competitive bidding tussle with P&G, fellow European CPG giant Renckitt Benckiser and Swiss pharma titan Novartis.Continue reading...
Posted by Shirley Brady on July 1, 2014 09:29 AM
GM hopes to turn the key as automaker recalls 8.4 million vehicles and announces victim compensation plan.
Jeep tops most patriotic brands list as brand boosts Chrysler’s June sales.
L’Oreal settles with FTC over anti-aging ad claims.
Bayer broadens healthcare line by keeping Merck's Dr. Scholl's and Coppertone brands.
Wendy’s taps Boyz II Men for pretzel burger campaign kicking off on Facebook.
MORE BRAND NEWS
Aereo rivals aim to take advantage of US Supreme Court setback for brand.
AirAsia and Rakuten team up for budget Japanese airline.
AT&T sells America Movil stake.Continue reading...
Posted by Dale Buss on May 6, 2014 09:06 AM
TOP 5 STORIES
Bayer buys Claritin and other consumer brands from Merck for $14 billion.
Fiat Chrysler bets on Jeep, Alfa Romeo in global vision under new five-year plan.
GE bid of $17 billion for Alstom power unit falls short, French president says.
Office Depot plans to close 400 stores.
Walmart finally grows online sales faster than Amazon.
MORE BRAND NEWS:
adidas looks to sell Rockport brand as company misses on profit.
Apple reveals $60 million compensation package for new retail chief Angela Ahrendts.Continue reading...
Posted by Dale Buss on May 2, 2014 09:14 AM
Apple, Facebook lead Big Tech brands fighting data requests as White House panel calls for big data reforms to protect privacy.
AstraZeneca rejects raised bid by Pfizer as "inadequate."
Avon reaches settlement of bribery probe.
Bayer eyes Merck’s OTC consumer business.
Burberry officially has a new CEO in Christopher Bailey as Angela Ahrendts takes retail reins at Apple.
Coca-Cola pressured by Warren Buffett on executive pay.
Exxon sticks with Russia drilling despite geopolitical tensions.
Fiat faces tough turnaround in Europe.
GM recalls 50,000 Cadillac SUVs, returns to bankruptcy court to fend off suits.
News Corp. acquires Harlequin Books for HarperCollins.
Below, news on brand innovation, culture, and more:Continue reading...
Posted by Dale Buss on December 19, 2013 09:18 AM
Target hit by credit card breach of as many as 40 million customers that started on Black Friday.
Whole Foods stops selling Chobani in favor of non-GMO yogurts.
Chipotle joins fast-casual pizza race.
A&E suspends patriarch Phil Robertson from Duck Dynasty over anti-gay remarks.
Allstate launches new online game to help avoid holiday mayhem.
AstraZeneca buys out Bristol-Myers Squibb in diabetes joint-venture.
Bayer buys cancer-drug partner Algeta for $2.9 billion.
Boeing loses out to Saab in providing fighter jets for Brazil and taps likely CEO successor.
Chevrolet sees a top US marketer leave.
Christie's finalizes appraisal of Detroit Institute of Arts collection.
Daimler gets stake in Aston Martin with engine supply deal.
Darden spins out Red Lobster amid shareholder pressure.Continue reading...
Posted by Abe Sauer on September 13, 2013 01:53 PM
China is the second largest economy in the world and every significant brand's future is impacted by its growth (or collapse)—but who's got the time?! Here's the week's reads that will make you look like a keen China observer in case you find yourself immersed in a cultural conversation.
This week: KFC beefs up… Jane Zhang for Skoda… Jet-setting iPhone… GM, BMW conquer car sales… McLaren moves in… Moutai droops… Toilet restaurant?… Sotheby's in Hong Kong… China's "social traveler"... Luxury car seats... Counterfeit Red Bull... Moon view flights... and more.Continue reading...
Posted by Dale Buss on September 13, 2013 09:31 AM
Twitter opts for "confidential" IPO.
7-Eleven debuts healthy-snacking section.
Apple takes pre-orders for new iPhone 5C.
Bayer comes under scrutiny in China.
Berkshire and AIG battle for talent.
Clear Channel and Warner Music rewrite rules on royalties.
Clif launches single-serve performance drinks.
Coffee Bean & Tea Leaf is acquired by private equity.
Dell gets shareholders to back buyout.
Dunkin' Donuts returns to UK.
Facebook tests video posts that play automatically, in prelude to ads.Continue reading...