Latest News in Consumer Goods and Services industry

Sotheby's Posts $248 Million Loss After Fee Changes Backfire and Trigger Abu Dhabi Rescue
Apple Launches iPhone 17 Series and Debuts First Self-Made Wireless Chip to Cut Ties with Broadcom
Kering Shareholders Back Former Renault Boss to Lead Luxury Turnaround After Company Profits Plunge 46%
Kraft Heinz Breaks Up Into Two Separate Companies After Struggling Sales
Nestlé Fires CEO Laurent Freixe Over Secret Romance with Employee After Just One Year in Charge
Ryobi Recalls 780,000 Pressure Washers After Capacitor Explosions Injure 32 Users​​​​​​​​​​​​​​​​
Africa Records 38% Surge in Sub-$100 Smartphone Sales as Ultra-Affordable Devices Reshape Market Dynamics
Meta Announces $800 Smart Glasses With Built-in Display and Neural Wristband for September Launch
Apple Plans Four Smart Home Devices Including $1000 Desktop Robot According to New Leaks
Gildan Agrees to Buy Underwear Maker Hanesbrands for $2.2 Billion
Turkey's April Frost Devastates Hazelnut Crops and Drives Global Prices Up 34 Percent in August
Crocs Shares Tumble 30% After Company Forecasts Sharp Revenue Decline
Roblox Shares Jump 13% Despite Widening Losses as User Growth Hits Record High
US Imposes New 15% Tariff on European Wine and Spirits Starting August 1
Trump Order Eliminates $800 Duty-Free Import Threshold for All Countries​​​​​​​​​​​​​​​​
LVMH Nears $1 Billion Sale of Marc Jacobs Brand to Authentic Brands Group
Japan Agrees to Boost US Rice Imports by 75% in Historic Trade Deal to Avoid Trump Tariffs
Granite and Obayashi Win $158M Contract to Build Guam Missile Defense Infrastructure
PepsiCo Defies Industry Headwinds with Surprise Q2 Earnings Surge
Couche-Tard Abandons $47 Billion 7-Eleven Acquisition Bid as Negotiations Collapse
Dynasty Divided - Battle for Wahaha Empire Intensifies as Founder's Secret Heirs Challenge Succession
Kenvue CEO Exits as Consumer Health Giant Launches Strategic Review Amid Sales Decline
Kraft Heinz Plans Major Split to Separate Condiments from Grocery Business
Insider Reveals Power Struggles at Apple Slowing AI Progress Amid Software Team Resistance
Unilever Names New Ben & Jerry's CEO Against Board Wishes as Ice Cream Spin-Off Looms
Ferrero Acquires Breakfast Giant WK Kellogg for $3.1 Billion in Cash Deal
Brinkmanship in a Bottle - China's Brandy Tariffs Signal New Era of Weaponized Trade
Xiaomi Launches Advanced AI Glasses That Could Reshape Wearable Tech Market in China, and the World
Beef Industry at a Crossroads - Teamsters Confront 'Repulsive Greed' at Nation's Largest Meat Plant
Google's Hardware Ambitions Hit Japanese Roadblock as Court Bans Pixel Phones
Nike Stock Surges on Earnings Beat Despite 12% Revenue Drop and China Sales Collapse
Danone Acquires Gut Health Pioneer The Akkermansia Company for $200 Million to Target Metabolic Diseases
Federal Judge Blocks OpenAI from Using "io" Brand Name in Trademark Battle with Audio Startup
Meta Launches New Oakley Smart Glasses for Athletes with Enhanced Features
Renault CEO Luca de Meo Exits to Lead Luxury Group Kering After Five-Year Turnaround
Labubu Toy Craze Reaches New Heights as Rare Figurine Sells for $150,000 at Beijing Auction
AMD Launches New AI Chips with More Memory Than Nvidia to Power Next-Gen AI Systems
Chewy Shares Drop 12% After Slight Margin Decline Despite Revenue Beat
Nintendo Switch 2 Breaks Sales Records With 3.5 Million Units Sold in Four Days Despite Higher Price Tag
Snap Unveils 2026 AR Glasses in $3 Billion Bet on Wearable Computing Future
J.M. Smucker Shares Drop 13% After Profit Forecast Disappoints Investors Amid Consumer Spending Shift
Sony's New High-Speed Automotive LiDAR Sensor Advances Self-Driving Car Safety With 300-Meter Range
Apple Unveils Privacy-Focused AI Features at WWDC25 While Wall Street Considers Long-Term Growth Potential
Meta Unveils Aria Gen 2 Research Glasses With Heart Rate Monitoring and Sub-Millisecond Sync as Reality Labs Losses Hit $4.2 Billion
Unity CTO Steve Collins Exits After Six Months as Game Engine Giant Faces Leadership Uncertainty
L'Oréal Acquires UK Skincare Brand Medik8 for €1 Billion to Strengthen Premium Dermocosmetics Portfolio
Philips Sets €125 Million Forward Share Buyback While Navigating Global Headwinds
Apple's AI Strategy at Crossroads - WWDC 2025 Reveals "Gap Year" as Competitors Surge Ahead
Lowe's Completes $1.3 Billion Acquisition of Artisan Design Group to Expand Pro Services
Canada Post Workers Enforce Overtime Ban as Financial Crisis Deepens and Parcels Pile Up
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