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...
brands with a cause
Posted by Sheila Shayon on June 27, 2013 12:42 PM
As the world looks to every corner for solutions to growing dissatisfaction with the economy and governance in general, Nestlé, the world's largest food company, has plans to recruit 20,000 young Europeans to help deal with youth unemployment and waning consumer confidence.
"Governments cannot solve the problem alone," said Laurent Freixe, Nestlé’s Europe boss, according to Reuters. "In the context where Europe is ageing and indebted, Europe needs its youth at work. We need to replace the generation of the baby boomers when they retire."
With nearly 5.6 million young people officially unemployed in the EU and the youth jobless rate at 23 percent, the plan is to offer jobs to 10,000 people under the age of 30 by 2016 and create an additional 10,000 "traineeships and apprentice positions" while urging its 63,000 suppliers to follow suit.Continue reading...
Posted by Mark J. Miller on June 25, 2013 02:47 PM
Nestle hasn’t always had positive feelings associated with its work in Africa. Back in the 1970s, the company enraged millions by aggressively encouraging women there and in other poor areas to use formula for their children instead of breast milk even though the latter had been proven to be cheaper and healthier. That led to testifying before Congress and the World Health Organization as well as a worldwide boycott of the company’s products.
These days, though, Nestle is bolstering its name in Kenya by sponsoring the country’s primary-school soccer leagues with its Milo brand chocolate drink, AllAfrica.com reports, which will benefit 1,400 boys and girls. "Kenya is endowed with talent judging from the standards of this year's games,” said the company's country manager, Svetlana Obruchkova, according to the site. “This is the reason why we want to introduce football leagues at primary level.”Continue reading...
sip on this
Posted by Mark J. Miller on June 11, 2013 12:47 PM
Hoping to take a bigger bite out of Europe's $8 billion single-serve coffee market, Mondelez, the No. 2 coffee maker, will start producing coffee pods compatible with its rival Nestle's Nespresso machine.
This isn't the first time that rival brands have tried to collect some profit off of Nespresso's single-serve brewer, which requires special, premium-priced pods. Nestle has filed patent-infringement suits against several companies for producing the copycat pods, but hasn’t had much success in stopping distribution. In fact, in some markets, Nespresso-branded pods have lost 10 to 20 percent of market share due to more competitively priced alternatives, Bloomberg reports.
The issue lies within Nespresso's distribution model, which still relies on a direct-to-consumer format, leaving grocery store shelves vacant for competitors' offerings. While the system has seen sustained success in Europe, Nespresso is looking to expand further into the US, where single-serve competition is even more intense.Continue reading...
Posted by Dale Buss on June 10, 2013 09:26 AM
Booz Allen Hamilton whistleblower cracks NSA case wide open in US internet-secrecy controversy.
Groupon aims to become an Amazon of mobile commerce.
Google nears acquiring Waze, a maps rival.
Adobe launches Photoshop Lightroom 5.
Apple enters busy field of net radio and polishes software for iPhones and iPads.
AstraZeneca acquires Pearl Therapeautics.
AT&T alters mobile upgrade policy to 24-months.
B&G Foods to buy parent of Pirate's Booty snack brand for $195 million.
Comcast expands Wi-Fi network with new 'neighborhood' initiative.
Dunkin' Donuts encourages customers to linger with new store design.Continue reading...
Posted by Abe Sauer on May 24, 2013 11:45 AM
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: Shanghai's Gangnam Bar... Maxi pad branded-content... Huang Xiaoming for Busen... Mocking Forrest Gump... Hershey and Nestle... Lenovo PC profits... China buys Fisker... Gatsby, Tesco woes... Hello Kitty melons... Art Basel hits Hong Kong... and more.Continue reading...
sip on this
Posted by Dale Buss on May 22, 2013 07:07 PM
Nespresso may have invented the single-serve capsule coffee machine in 1986, but obviously it's gotten plenlty of company in that arena since then. While the Nestle-owned brand sees lots of growth potential around the world, executives have selected two particular targets for—the United States and China—that won't yield new sales as easily as Nespresso got them in building its original business in Europe.
Two aspects of its business make Nespresso stand out from other competitors such as Green Mountain, the US-based purveyor of K-Cups that has been allying with Starbucks lately. First, Nespresso's business model is direct-to-consumer, not making its pods available on grocery-store shelves, and second, Nespresso leadership actually sees huge remaining growth opportunities in Europe despite the continent's struggle with recession.
"The potential is big" in the UK, Italy, Germany and Russia, where household penetration by Nespresso machines is only about one-fifth of that in coffee-slaking France, Nespresso CEO Jean-Marc Duvoisin told the Wall Street Journal.Continue reading...
Posted by Dale Buss on May 22, 2013 09:17 AM
ESPN begins hundreds of layoffs.
H&M says that some clothes were produced in collapsed factory in Cambodia.
Target misses earnings expectations and cuts outlook.
Cable networks are rebranding, and pay-TV brands aren't happy about it.
Dairy Queen to debut new ad campaign that promotes its burgers and fries.
Dodge enjoys star turn for its Challenger at premiere of Fast and Furious 6.
EA lawsuit over players' videogame-likeness issue threatens NCAA policies.
Facebook becoming less popular among teens, Pew study finds.
Ferrero backs off attack on World Nutella Day.
Fisker Automotive reportedly sees bid by boutique firm led by former GM exec Bob Lutz and Chinese supplier.Continue reading...