Posted by Dale Buss on October 29, 2013 09:23 AM
Apple sees profits fall despite higher sales of iPhones and offers disappointing holiday forecast.
Red Bull is subject to big wrongful-death suit.
Sears considers spinning off Lands End unit.
Air Serbia launches in Europe.
Boeing considers non-union plant for 777x.
Burger King may rescue corporate cousin Heinz after McDonalds ketchup snub.
Consumer Reports drops Toyota Camry from its recommended list over crash test.
GM lifts Opel marketing in Russia.
Google amends EU antitrust proposals as it looks to triple number of Glass testers and prepares to launch smartwatch.
Guess signs first Indian model, Priyanka Chopra, as new brand ambassador.Continue reading...
Posted by Dale Buss on September 5, 2013 05:41 PM
In a major move worthy of the strongest comparisons to SNL's Roseanne Roseannadanna, JCPenney CEO Myron Ullman reportedly has said he no longer wants Martha Stewart home merchandise in the retailer's stores.
The New York Post reported the blockbuster news that Ullman wants to pull the plug on the Martha Stewart designs that are the subject of a bitter lawsuit between Macy's and an alliance of JCPenney and Martha Stewart Living Omnimedia. And the judge hasn't even ruled on the case yet.
Earlier this year, JCPenney actually had begun to roll out several home lines of new Stewart-designed products under its deal with her, even as the trial was going on. The partnership with Martha Stewart was a major move made by previous JCPenney CEO Ron Johnson in his efforts to transform the retail brand, but Macy's objected vigorously to it because the rival chain insisted it had an exclusive deal with Stewart for such wares.Continue reading...
Posted by Dale Buss on August 13, 2013 09:34 AM
JCPenney sees divisive director and largest shareholder Bill Ackman resign from board as George Soros backs CEO.
Dole Food agrees to $1.2-billion buyout.
Lincoln tutors car dealers on how to sell luxury to younger generation.
AOL firing of Patch executive gets messy.
BlackBerry ponders sale to Canadian institutions.
Chipotle and Jack in the Box settle trademark lawsuit.
Corona sponsors Marc Anthony tour.
eBay trials personalized fashion recommendations.
Facebook adds tie-in with OpenTable restaurant bookings.
Gap woos Gen Y with denim campaign.Continue reading...
Posted by Dale Buss on July 3, 2013 09:15 AM
Lululemon sued by shareholder over sheer pants debacle.
Apple poaches YSL CEO Paul Deneve to run special projects.
Avon sells jewelry business at big loss.
Obamacare employer-penalty requirement is delayed for a year.
Audi tops premium auto brands in China satisfaction survey.
Auntie Anne's expands breakfast rollout.
BMW trims Mercedes-Benz sales lead in US.
CNN enjoys ratings boost.
Coca-Cola promotes Mexican soccer team in new campaign.
Dell sees pressure build on founder to contribute more of his wealth to buyout.Continue reading...
Posted by Dale Buss on June 17, 2013 09:17 AM
Coca-Cola introduces itself to Myanmar.
DreamWorks and Netflix reach deal for new TV programs.
Smithfield Foods is urged by major shareholder to carve itself up rather than sell to Chinese firm.
Airbus tracks to double profit margin.
Al Jazeera will demonstrate deep pockets in US debut.
Apple will become big—but not dominant—player in automotive "center stack."
Chrysler launches nationwide ad blitz for SRT performance brand.
Facebook to unveil video support for Instagram, reports say.
Ford buckles on adding knobs for infotainment controls.
GM expands SUV recall for fire risk as it poises to jump out of "lease hole."
Hooters debuts late-night menu.Continue reading...
Posted by Dale Buss on February 21, 2013 06:12 PM
Sure, we get the occasional brand vs. brand dustup in court, but the three-ring circus that opened this week, pitting Macy's against J.C. Penney and Martha Stewart Living Omnimedia already has brought more color than that Apple-Samsung dispute last year—and that's without any of the colorful principals even making an appearance yet.
In the first day of testimony in a Manhattan court on Wednesday, the Stewart-Penney alliance and Macy's made the outlines of their arguments pretty clear.
Macy's believes that an agreement by Stewart's company to supply some of her homeware designs to a giant J.C. Penney "store within a store" violates Macy's agreement for its own Stewart-brand merchandise that has been renewed through 2018. Besides, they believe Martha Stewart and her company owe Macy's some loyalty because it struck a deal with her in 2004 when she was just out of prison for conspiracy.
J.C. Penney and Stewart, on the other hand, believe they're doing nothing wrong in planning to sell Stewart-designed stuff as long as it doesn't bear her actual name and likeness, which they concede would violate terms of the Macy's deal. Besides, this argument goes, a bunch of the stuff has already been manufactured overseas and is on boats on the way to the U.S. for their debut in Penney stores—and does Macy's really intend on asking these ships to turn around?Continue reading...
Posted by Dale Buss on February 19, 2013 08:53 AM
Boeing faces looming strike vote following Dreamliner tumult.
GE seeks inventions via social campaign.
Burberry lauded for London Fashion Week digital experience.
Amazon acts on controversy over German TV show about its workers.
Audi blocks use of GQ3 vehicle name by Qoros of China.
BP faces next bout of Gulf spill liability.
Cracker Barrel can't shake off activist shareholder.
Danone cuts 900 jobs in Europe.
Ferrari plans to price new supercar starting at 1 million euros.Continue reading...
Posted by Dale Buss on November 13, 2012 09:01 AM
Microsoft announces the departure of Windows chief (and Ballmer's heir apparent) in wake of Windows 8 launch.
LG breaks through with new smartphone.
Hostess Brands starts closing plants as workers strike.
Acura brings Dr. Phil and Suze Orman into its Christmas promo campaign.
Apple finally gives in on employee perks.
Bojangles recruits American Idol winner Scotty McCreery for campaign.
Cadillac shows design chops in China.
Callaway Golf drives buzz on Twitter for new high-tech driver.Continue reading...