Author: Daniel snow
The Levi’s brand logo on a store. Jens Kalaene | Picture Alliance | Getty ImagesLevi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday. Under the terms of the deal, Authentic will own Dockers’ intellectual property while Centric Brands will take on operations, handling manufacturing, sourcing and distribution. Under the brand management business model, Levi’s stands to make up to $391 million in future years based on how well Dockers performs under the Authentic umbrella, which also includes Forever 21’s intellectual property and brands like Reebok and Nautica.”The Dockers transaction further…
File: The wind farm in the Baltic Sea 35 kilometres northeast of Rügen is a joint venture of the Essen-based energy group Eon and the Norwegian shareholder Equinor. Bernd Wüstneck | Picture Alliance | Getty ImagesNorwegian energy company Equinor will resume construction on its offshore wind farm in New York, after the Trump administration lifted its order to halt work on the project. Empire Wind 1 will be the first offshore wind project to deliver electricity directly to New York City. The Interior Department under the Biden administration approved the project last year after Equinor signed a lease issued by…
Choosing the right product is not about predicting the next viral trend. It’s about knowing your values and your customers. Source link
Apple partners with a former CEO of Qualcomm, while T-Mobile joins forces with the CEO of Tesla and SpaceX. Source link
Home Depot beat Wall Street’s first-quarter revenue and domestic same-store sales expectations, and maintained its full-year guidance. Source link
U.S. stocks typically are flat during the second year of a presidential term — and soar in the post-midterm election third year. Source link
The uncertainty created by the Trump administration has caused people to stay put. Result: in big cities, residential rents are rising. Source link
U.S. administration unlikely to pursue weak dollar policy – Citi Source link
Along with the list of 16 books, and increase from prior lists, which had 10, this year’s Summer Reading List also includes suggested summer experiences, from the DATALAND exhibit at The Grand LA, to the SailGP racing series and the Hill Family Estate in Napa, California.”Life in Three Dimensions: How Curiosity, Exploration, and Experience Make a Fuller, Better Life” by Shigehiro Oishi”Becoming You: The Proven Method for Crafting Your Authentic Life and Career” by Suzy Welch”Reset: How to Change What’s Not Working” by Dan Heath”The Next Day: Transitions, Change, and Moving Forward” by Melinda French Gates”Iron Hope: Lessons Learned from…
The S&P 500’s notable recovery has got Wall Street concerned. Morgan Stanley sees warning flags in three big assets. Source link