Latest News
Starbucks CEO: 'There is a unique, loyal connection between Starbucks and the Chinese people'
By Globe Banner Report | May 5, 2023
Starbucks CEO and Chairman Emeritus Howard Schultz gathered with China-based Starbucks staff at the Partner Open Forum in Beijing, created to celebrate the opening of a 6,000th store in the region, according to a press release.
Ford: 'I could not be happier with the acquisition of the Tom Ford brand by The Estée Lauder Companies'
By Globe Banner Report | May 3, 2023
The Tom Ford brand, recently acquired by The Estée Lauder Companies Inc., recently named Guillaume Jesel president and CEO of the company, and Peter Hawkings, creative director, according to a press release.
Cookies closes equity financing at its highest valuation ever in spite of 'severe hardships being experienced across the industry'
By Globe Banner Report | Apr 30, 2023
Cookies, a California-based international cannabis brand, recently finalized its Series A round of financing, confirmed to be the largest equity raise at the highest valuation since the brand’s establishment in 2012.
PepsiCo joins strike against palm oil producer: We ‘have asked that they suspend the mills identified’
By Globe Banner Report | Mar 24, 2023
PepsiCo has banned Indonesia-based Astra Agro Lestari’s palm oil from its supply chain, according to a recent Food Dive report.
SOC Investment Group: ‘We are concerned with the latest reports of child labor at Hyundai Motor Company’
By Globe Banner Report | Feb 2, 2023
The SOC Investment Group recently released a letter addressed to the Hyundai Motor Company demanding that they change their business practices after it came to light in December that child labor was allegedly being used in Hyundai's Alabama supply chain.
Mondelēz International CEO: 'We are pleased to transition our developed market gum business'
By Globe Banner Report | Jan 8, 2023
Mondelēz International has reached an agreement with European gum and confectionery maker, Perfetti Van Melle Group to sell its U.S., Canada and Europe-based developed-market gum business, Food Dive reported.
Skechers managing director on Dublin store: 'Our head-to-toe offering is on full display at our new flagship store on Grafton Street'
By Globe Banner Report | Dec 30, 2022
Skechers recently opened a new flagship store in Dublin, Ireland’s Grafton Street, according to a press release.
Hugo Boss CEO: 'We are excited to continue our successful partnership with Coty'
By Globe Banner Report | Dec 27, 2022
Hugo Boss recently renewed its licensing agreement with Coty, according to a press release.
Hiro Sake's debuts ready-to-drink cocktail in 'new and rapidly expanding segment,' company co-founder says
By Karen Kidd | Dec 22, 2022
Hiro Sake's recent launch of Hiro Saketini, the company's first ready-to-drink (RTD) canned saketini cocktail, is giving the market what it wants, a company founder said in a news release.
American Securities director: 'We are excited to support the company's organic growth'
By Karla Florez | Sep 12, 2022
An affiliate of American Securities LLC recently acquired Meridian Adhesives Group from Arsenal Capital Partners.
Winnitex sales manager: 'We are so excited to incorporate this eco-friendly, recycled silicone softener into our fabrics'
By Laurie A. Luebbert | Sep 6, 2022
Winnitex recently announced that it is partnering with CHT Group and will utilize CHT's TUBINGAL RISE, the first fabric softener that uses recycled silicone, according to Winnitex's website.
Winnitex's certifications demonstrate 'prioritization of delivering sustainable products'
By Laurie A. Luebbert | Sep 6, 2022
Winnitex announced that it has completed the renewal of the the GOTS/GRS/OCS/RCS certifications for the 12th consecutive year, according Winnitex's website.
Pedrotti Ace Hardware celebrated its centennial with a spectacular drone light show
By David Beasley | Jul 26, 2022
Pedrotti Ace Hardware began in the small town of Crockett, California, in 1922, where it served the local community for 70 years before moving to Benicia, California, in February of 1992.
Kersh on Mexico agreement: 'Mexico is the third largest country in the Americas in terms of number of fitness facilities'
By Karla Florez | May 17, 2022
Xponential Fitness, Inc. has signed a Master Franchise Agreement in Mexico. The deal will cover the company’s three brands: StretchLab, Rumble and AKT, a press release reported.
Pillette appointed to TRIPTK board 'at exciting time of growth'
By George Willis | Mar 8, 2022
Lisa Marie Pillette has been appointed as the fourth board member of New York-based TRIPTK, a global brand transformation studio and joint venture with Havas.
Walmart partners with London-based Space NK to launch ‘exciting new additions online and in the beauty aisle’
By Karla Florez | Mar 7, 2022
Walmart entered an agreement with London-based Space NK to launch BEAUTYSPACENK online and in nearly 250 of its stores across the U.S.
Club Vita consolidates operations in UK, US, Canada
By Emily Bevard | Mar 7, 2022
Club Vita consolidated its operations in the U.K., U.S., and Canada recently under a parent company, Club Vita LLP.
Vibra-Sonic Control 'excited' to partner with Parklane Mechanical Acoustics to enhance noise control system offerings
By Andy Nghiem | Mar 7, 2022
Noise control company Vibra-Sonic Control has entered into a partnership with Parklane Mechanical Acoustics.
Porsche, Mobil 1 renew 'strong' partnership through 2026
By Laurie A. Luebbert | Mar 3, 2022
The Mobil 1 and Porsche partnership recently celebrated its 25th anniversary, and it looks like the relationship between the two companies will continue for several years.
Mastercard, Spain launch innovation center to 'drive more inclusive and sustainable tourism growth'
By Bob Martin | Feb 18, 2022
Mastercard recently announced a partnership with the Spanish government to launch a Tourism Innovation Hub in Madrid that is scheduled to open in the second quarter of 2022.