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☆ Chanel stages dreamy resort collection in Hong Kong
▼ + stars: | 2024-11-06 | by ( Stephy Chung | ) edition.cnn.com time to read: +3 min

The fashion house staged its two runway shows — one in the afternoon, and one at night — at the Hong Kong Design Institute (HKDI). Anthony Kwan/Getty ImagesDesigned by the brand’s artistic director Virginie Viard, before her departure in June, the collection featured dozens of looks. Anthony Kwan/Getty ImagesThe runway was spread across two floors of the Hong Kong Design Institute. But the label’s decision to restage the presentation in Hong Kong signals the brand’s continued efforts to court Asian clientele amid a wider luxury market slowdown. Anthony Kwan/Getty ImagesBack in June, Viard announced she was exiting Chanel after serving as its artistic director of fashion collections for five years.

Persons: Hong Kong CNN — Chanel, ”, Penélope Cruz, Chow Yun, Angela Yuen, Chanel, Anthony Kwan, Virginie Viard, Yuen, Benjamin Voisin, Billy H.C, Kwok, Louis Vuitton, Viard, Karl Lagerfeld’s Organizations: Hong Kong CNN, Hong Kong, Hong Kong Design Institute, Reuters, Chanel Locations: Hong Kong, Hong, French, Marseilles, France, China

PITTSBURGH — Inside Acrisure Stadium, home of the Pittsburgh Steelers, Minnesota Gov. “The Steelers are largely a cultural identity for the whole region,” said state Rep. Nick Pisciottano, a Democrat from Allegheny County. “I mean, Brown is the Pittsburgh Steelers’ [second] all-time leading receiver. “Former Pittsburgh Steelers are split on the Presidential election,” Ryan Clark, an ESPN personality and former Steelers safety, posted on X. For Pisciottano, the difference between Trump’s and Harris’ Steelers backers is that Harris’ have much more substantial ties to Pittsburgh and the region than Trump’s do.

Persons: Tim Walz, Will Allen, ”, Antonio Brown, Allen, deriding Walz, Donald Trump, ” Brown, Trump, Kamala Harris, Brown, Harris, Walz, Bell, Nick Pisciottano, Joe Greene, Jerome Bettis, Franco Harris, Mel Blount, Le'Veon Bell, Jim Watson, Mike Wallace, Jack Lambert, couldn’t, —, ” Allen, “, Tim ”, “ Trump, MAGA Memecoin, Sen, JD Vance, Donald Trump Jr, Alex Bruesewitz, ” Bruesewitz, It’s, he’s, Bruesewitz, Maxx Crosby, Lawrence Taylor, He’s, ” Ryan Clark, Troy Polamalu, Clark, ” Dave McCormick, ” Gregg Paladina, Josh Shapiro, Antonio Brown’s, ” Dok Harris, Franco Harris ’, they’re, Lynn Swann, Dan Rooney, Barack Obama, Rooney, … Organizations: PITTSBURGH, Pittsburgh Steelers, Minnesota Gov, Steelers, “, Super, Trump, Democrat, New York Jets, Democratic National Committee, Getty, Fame, ’ Steelers, ”, Daily, Pittsburgh Steelers ’, Kodak, NFL, Las Vegas Raiders, New York Giants, Steeler, “ Former Pittsburgh Steelers, ESPN, GOP, NBC News, Democratic Gov, Trump Steelers, Harris ’ Steelers, Pittsburgh Locations: Latrobe , Pennsylvania, Pennsylvania, Allegheny County, Latrobe , Pa, AFP, Latrobe, R, Ohio, Acrisure, Trump, Florida, “, New Castle , Pennsylvania, Pittsburgh, Ireland

Amazon also announced a Kindle Scribe redesign, plus new generation models of the Kindle Paperwhite and base Kindle. Amazon Kindle Colorsoft Signature Edition The Kindle Colorsoft is Amazon's first color e-reader. Check price at AmazonAmazon Kindle Paperwhite (2024) Amazon's latest Kindle Paperwhite offers even faster performance than its predecessors in the same thin, waterproof form readers love. AdvertisementKindle Paperwhite (12th Generation)The new Kindle Paperwhite offers higher contrast than ever. AmazonAmazon’s fastest and most popular Kindle is about to get even faster with the 2024 Kindle Paperwhite.

Persons: It's, Scribe, It’s Organizations: Business, Kindle, Amazon hasn’t, Scribe Locations: Kindles

☆ Costco is now selling platinum bars for $1,089
▼ + stars: | 2024-10-03 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Costco is expanding the collection of precious metals it sells, with the addition of platinum. platinum bars for $1,089.99 on its website, but a Costco membership is required for purchase. Costco is trying to replicate its recent success with gold bars, with platinum joining the extensive list of precious metals that collectors are snapping up at the retailer. In 2023, it began selling gold bars and sold more than $100 million worth of the bars during the first quarter of that year, the company said in its earnings report. After all, not many people are actually stashing away gold bars in their homes.

Persons: Lady Fortuna, “, ” Organizations: New, New York CNN, Costco Locations: New York

New York officials released Monday forensic sketches and informational flyers about a possible new victim in the Gilgo Beach serial killings case, in an effort to identify them and get new leads in the roughly 20-year-old homicide. The remains of the victim, referred to as “Asian Doe,” were found in 2011 near the bodies of at least 10 others near Long Island, New York’s Gilgo Beach. Long Island architect Rex Heuermann, 61, was arrested last year in connection with the Gilgo Beach serial killings. Heuermann was initially charged with killing three women — Megan Waterman, Amber Costello and Melissa Barthelemy — and dumping their bodies near Gilgo Beach. Authorities previously disclosed that “Asian Doe” was wearing women’s clothing, but did not provide further details.

Persons: ”, Ray Tierney, Doe, 5’3 ”, Tierney, ” Tierney, “, Rex Heuermann, Heuermann, Megan Waterman, Amber Costello, Melissa Barthelemy —, — Maureen Brainard, Barnes, Jessica Taylor, Sandra Costilla —, Megan Waterman’s, “ We’re, Bill Blass, Shannan Gilbert Organizations: Attorney’s Office, Authorities, New York City Police Department, NBC Locations: York, Long Island, Suffolk County, Southern China, Gilgo Beach, Gilgo, Oak Beach

☆ Nestlé and other companies are trying to stake their claims as weight loss drug experts. They’re not
▼ + stars: | 2024-07-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +8 min

But health professionals are warning consumers not to take medical advice from the same companies trying to sell them food, supplements and other consumables. “People who are on (GLP-1 drugs) eat less calories. Daily Harvest, a meal kit service, has a GLP-1 food collection. In May it announced a new line of frozen meals called Vital Pursuit, pitching the brand to users of weight loss drugs. Some taking GLP-1 drugs have reported losing hair and muscle.

Persons: Ozempic, JP Morgan, —, ”, Donny Kranson, GLP, Nestlé’s, Jorge Moreno, Jody Dushay, Tom Little, “ I’m, “, 1nutrition.com, Atkins, Robert Atkins, Nestlé, Mark Schneider, Marie Callender’s, Slim Jim, Orville Redenbacher’s, Tom McGough, William Dietz Organizations: New, New York CNN, “, Vontobel Asset Management, GNC, Nestlé, Visitors, Yale School of Medicine, Physicians, Harvard Medical School, Danone, Bloomberg, STOP, George Washington University Locations: New York, United States, Switzerland, Novo Nordisk's, Hillerod, Denmark, what’s, Conagra, GLP

☆ Elvis Presley’s actual blue suede shoes are up for auction
▼ + stars: | 2024-06-26 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

London CNN —When Elvis Presley’s debut album took the charts by storm in 1956, “Blue Suede Shoes” was its opening track. Now, fans have the opportunity to step into the King’s very own blue suede shoes as they go up for grabs at British auction house Henry Aldridge and Son – for an estimated £100,000 to £120,000 (around $126,000 to $152,000). The shoes have been authenticated by Jimmy Velvet, a close friend of Presley and the founder of the Elvis Presley Museum. “The night before Elvis’ army induction here in Memphis, Elvis had an all night party at Graceland,” the letter says, according to the auction site. That night Elvis gave me these blue suede shoes size 10 1/2.

Persons: Elvis Presley’s, ”, Henry Aldridge, Son –, Presley, Steve Allen, Bush, Alan Fortas, Jimmy Velvet, Elvis Presley, Fortas, Elvis ’, Elvis Organizations: London CNN, NBCU, Bank, Getty, US Army, Elvis Presley Museum, Son Locations: Memphis, Graceland

☆ Elvis Presley’s actual blue suede shoes sell for $150,000 in auction
▼ + stars: | 2024-06-26 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

London CNN —When Elvis Presley’s debut album took the charts by storm in 1956, “Blue Suede Shoes” was its opening track. Now, the King’s very own blue suede shoes have sold for the princely sum of £120,000 (around $152,000) after they went up for grabs at British auction house Henry Aldridge and Son on Friday. The shoes were bought by a client from California, Henry Aldridge and Son told CNN. That night Elvis gave me these blue suede shoes size 10 1/2. According to Henry Aldridge and Son, another iconic piece of music history was sold on the same day as Presley’s shoes.

Persons: Elvis Presley’s, ”, Henry Aldridge, Son, Presley, Steve Allen, Bush, Alan Fortas, Jimmy Velvet, Elvis Presley, Fortas, Elvis ’, Elvis, Freddie Mercury Organizations: London CNN, CNN, NBCU, Bank, Getty, US Army, Elvis Presley Museum, Son Locations: California, Memphis, Graceland

☆ Ramesses II’s lost sarcophagus was hiding in plain sight, research suggests
▼ + stars: | 2024-06-10 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

Tucked away in the cartouche, an oval-shaped ornament often found in tombs, he found a name of a very recognizable figure: Ramesses II. “The cartouche dates back to its first usage, and contains Ramesses II’s throne name, Usermaatra. Psusennes I reused this sarcophagus that once belonged to Merneptah, the son and successor of Ramesses II. Both sarcophagi would have been inside an even larger stone sarcophagus, the source of the granite fragment Payraudeau discovered. “This also tells us when pharaohs began using more than one stone sarcophagus,” Payraudeau added.

Persons: Menkheperrê, Frédéric, Ramesses, Payraudeau, ” Payraudeau, Ramesses II, —, he’s, Psusennes, Ramesses II’s, Ramesses I, Joann Fletcher, Ramesses ’, ” Fletcher, Jean Revez, “, Merneptah, Seti I’s, Peter Brand, ” Brand, It’s, ” Organizations: CNN, Sorbonne University, National Museum of, frugality, UK’s University of York, University of Quebec, University of Memphis Locations: Paris, Egypt, Cairo, Luxor, Abydos, Merneptah, Montreal

☆ 4 instructors from Iowa’s Cornell College injured in ‘serious incident’ in China, school says
▼ + stars: | 2024-06-10 | by ( Sarah Dewberry | ) edition.cnn.com time to read: +1 min

CNN —Four instructors from Cornell College in Mount Vernon, Iowa, were injured in a “serious incident” while visiting a park in China on Monday, according to a statement from the school. The instructors were in China teaching as part of a partnership with a local university and had been accompanied to the public park by a faculty member of that partner institution, Cornell College President Jonathan Brand said in a statement to the college community. Brand did not name the partner institution in his statement, but school spokesperson Jen Visser confirmed the incident happened in Jilin City. The campus of Cornell College in Mount Vernon, Iowa Courtesy Cornell CollegeNo students were participating in the program, according to the school. Iowa Rep. Ashley Hinson, who represents the district where the college is located, said in a post on X that the four college employees “were brutally stabbed.”“My team has been in communication with Cornell College and will do everything in our power to bring these Iowans home safely,” Hinson said.

Persons: Jonathan Brand, ” Brand, Brand, Jen Visser, Ashley Hinson, “, ” “, ” Hinson, Kim Reynolds, ” Organizations: CNN, Cornell College, Cornell, Iowa, US State Department, Iowa Gov Locations: Mount Vernon , Iowa, China, Jilin City

☆ Asia’s 50 best restaurants for 2024 revealed
▼ + stars: | 2024-03-27 | by ( Karla Cripps | ) edition.cnn.com time to read: +5 min

CNN —After losing the number one spot to Bangkok in 2023, Tokyo has reclaimed its crown as the city with the top eatery in the region at the annual Asia’s 50 Best Restaurants Awards, which were announced in Seoul, South Korea on Tuesday evening. The list – part of the global “World’s 50 Best” brand – is compiled by the Asia’s 50 Best Restaurants Academy, which is made up of more than 300 food critics, writers, chefs and restaurateurs, all selected for their knowledge of Asia’s restaurant scene. Though Singapore didn’t have any restaurants in the top five, nine of its venues made the top 50 list – more than any other city. Courtesy The World's 50 BestThe “Asia’s Best Female Chef” award went to Pichaya ‘Pam’ Soontornyanakij, owner of Bangkok restaurant Potong, which came in at 17 on this year’s list. Mineko Kato of restaurant Faro in Tokyo won the Asia’s Best Pastry Chef award and Kevin Lu of Logy, in Taipei, was voted Asia’s Best Sommelier.

Persons: Daniel Calvert, Calvert, “, ”, Sézanne, I’ve, we’d, Gaggan, Seroja, Gaggan Anand, Thitid “, Sühring, Le Du –, Ton, Bangkok –, Odette, Pichaya, Pam ’ Soontornyanakij, Ton’s Nusara, Mineko Kato, Kevin Lu, Logy, Sung Anh, Mosu, Danny Yip, Hong, Le, Fu, Hui, Samrub, Villa, Ling Long, Ando, Les Amis, Baan, Goh, Anan, Tam’s Organizations: CNN, Marunouchi, Restaurants Academy, Hospitality, Toyo, Meta, Studio, Bund Locations: Bangkok, Tokyo, Seoul, South Korea, Japan, France’s Champagne, Maronouchi, Asia, ”, Kolkata, Hong Kong, Singapore, Thai, ” Singapore, Faro, Taipei, Nusara, Suhring, Osaka, Odette, Sorn, Le Du, Potong, Shanghai, Logy, Masque, Mumbai, Manila, Delhi, Seroja, Taichung, Taiwan, Mume, Wakayama, Lolla, Avartana, Chennai, India, Fukuoka, Jakarta, Kyoto, Anan Saigon, Ho Chi Minh City, Macao

TV ratings signal growth in college women’s basketballWhile Clark is enticing viewers, women’s college basketball is experiencing growth that can’t only be explained by “Clarkonomics”– as basketball analyst Debbie Antonelli called it – alone. The surge in women’s college basketball is also due to more investment in media coverage of women’s sports, said Lewis. NIL empowers players — and their sportsCollege women’s basketball players are among the biggest players in the market for Name, Image and Likeness sponsorships. College women’s basketball players are among the biggest players in the market for Name, Image and Likeness sponsorships. One factor driving the speculation that Clark might stay in college was that WNBA doesn’t have the same platform as women’s college basketball.

Persons: Caitlin Clark, Clark, It’s, Steph Curry, Michael Mulvihill, Clark –, –, Jon Lewis, Lewis, Curry, LeBron James, Michael Jordan, they’re, ”, Pete Maravich’s, Davidson, “ Clarkonomics, Debbie Antonelli, Melissa Isaacson, Iowa’s Clark, LSU’s Angel Reese, let’s, ’ ” Lewis, “, Reese, Cameron Brink, Paige Bueckers, Reed Sheppard, Rob Dillingham, Cody Williams –, Dillingham, Sam Weber, That’s, hasn’t, Isaacson, Diana Taurasi’s, Candace Parker’s, eyeing Clark, — Organizations: CNN, Iowa Hawkeyes, NBA, CBS, ESPN, Fox Sports, Sports Media Watch, UConn, Tennessee, Northwestern, NCAA, College women’s, Bueckers, WNBA, ABC, Indiana Fever Locations: Iowa, Tennessee, TickPick, Opendorse

☆ AMC Theaters, Looking for Movies, Turns to Blumhouse
▼ + stars: | 2024-03-15 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

For five days starting on March 29, people who buy tickets to certain movies at certain AMC Theaters will see video messages starring … Jason Blum? It’s a long way from Nicole Kidman, whose breathy “We come to this place for magic” branding spot has become legend. But Mr. Blum, a horror film producer, has been working to build his entertainment company, Blumhouse, into more of a consumer-facing brand. AMC and Blumhouse, which has made more than 200 horror movies and shows, are teaming up for what they are calling the Halfway to Halloween Film Festival. Previously released Blumhouse horror movies, including “Split,” “Ouija: Origin of Evil,” “The Purge,” “The Invisible Man” and “Insidious,” which will have its 13th anniversary on April 1, will be on offer in 100 AMC theaters in 40 cities.

Persons: … Jason Blum, It’s, Nicole Kidman, Blum, ”, James Wan, Mike Flanagan Organizations: AMC, Marvel, ”

☆ Costco sold out of $2,000 gold bars. Now, it’s selling silver coins
▼ + stars: | 2024-03-07 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

Costco recently started selling silver coins for the first time, finance chief Richard Galanti told CNN. Costco is trying to replicate its recent success with gold bars. It began selling $2,000 gold bars online in September and sold more than $100 million worth of the bars last quarter. After all, not many people are actually stashing away gold bars in their homes. We constantly buy that stuff and intentionally run out of it from time to time.”Costco is also selling precious metals as they become more valuable.

Persons: Richard Galanti, King Charles III, “, ”, Galanti Organizations: New, New York CNN, Costco, CNN, Federal Reserve, Treasury Locations: New York

☆ Taylor Swift and Travis Kelce choose opposite ends of the fashion field for the Super Bowl
▼ + stars: | 2024-02-12 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

The 14-time Grammy winner and 3-time Super Bowl champion arrived at Allegiant Stadium on Sunday in looks that were designed to achieve different things. Taylor Swift arrived in a decidedly more muted look, finished off by lashings of sentimental jewellery – including her '87' necklace in honor of Kelce's jersey number. While this was his fourth Super Bowl game in four years, he must have felt the additional eyes — mainly of the Swifties and the style press — on him. “We were thinking, this is the first Super Bowl in Las Vegas, so why not really let it represent that entertainment feel that Vegas is known for, and let him shine a bit.” Perhaps more crucially, it’s also his first Super Bowl as the boyfriend of a global superstar. Rapper Ice Spice, Donna Kelce, NFL player Jason Kelce, singer Taylor Swift and actress Blake Lively watch the game from Allegiant Stadium.

Persons: David, Victoria Beckham, Taylor Swift, Travis Kelce, Swift, Blake Lively, Lana del Rey, Miles Teller, Dion Lee, Stephanie Gottlieb, “ Taylor, Travis ”, Harry, “ Travis, ”, Mike Amiri, “, it’s, Donna Kelce, Jason Kelce, Rob Carr, won’t, Lil Nas X, Ghali, Loewe, Ezra Shaw, la, David Koma, Queen Elizabeth II’s Organizations: CNN, Bowl, TNT, British Vogue, Allegiant, Sanremo Music, Chelsea, MTV Locations: LA, British, Las Vegas, cardigan

☆ ‘True Detective’ Season 4, Episode 4 Recap: The Monster Under the Bed
▼ + stars: | 2024-02-04 | by ( Scott Tobias | ) www.nytimes.com time to read: +2 min

It is a realistic, down-to-earth police procedural that’s swarming with supernatural beings and lots of storytelling bric-a-brac. One of the great strengths of “Night Country” — and the three Nic Pizzolatto seasons of “True Detective” before it — is how beautifully it can conjure these modern noir images from distinct locales. And yet, so little narrative real estate was given over to Julia until this final episode that her death feels more like a device than an emotional payoff. In a pre-credits scene, we witness Danvers’s compassion in scooping her off the streets and bringing into the station, which brings her closer to Navarro. As for Navarro herself, the heaviness of this loss is a family curse that now threatens to swallow her, too.

Persons: ”, Issa López, there’s, Navarro’s, Julia, Aka, Nic Pizzolatto, scooping, Navarro Organizations: brac Locations: Navarro

☆ Consumer culture’s queen Martha Stewart walked so a generation of lifestyle influencers could run
▼ + stars: | 2024-02-03 | by ( Catherine | Thorbecke | ) edition.cnn.com time to read: +5 min

CNN —In the spring of 2015, homemaking expert Martha Stewart was giving Justin Bieber some dating advice. Long before Kylie Jenner may or may not have become a self-made billionaire, Stewart became the first woman to actually achieve that status when the company she founded, Martha Stewart Living Omnimedia, went public in 1999. But the “Martha Stewart” brand lives on across thousands of products that reach approximately 100 million consumers each month, according to a tally from the current owner, Marquee Brands. There is no modern lifestyle brand without Stewart, who taught a generation of women how to turn themselves into a brand and grow a business. After she sold her namesake brand, Stewart has turned to social media to unlock new streams of revenue while still forging what feels like authentic connections with her millions of followers.

Persons: Martha Stewart, Justin Bieber, Stewart, Justin, Long, Kylie Jenner, Omnimedia, MSLO, Martha Stewart ”, ”, Michael Kupinski, “, ” Kupinski, ” It’s, Gwyneth Paltrow, Jessica Alba, TikTok, ” Martha Stewart, Marc Bryan, Brown, ” Claire Saffitz, Gary Nardilla, Martha, ” Nardilla, Stewart’s, Tang ”, Martha’s, Saffitz Organizations: CNN, Comedy, Marquee Brands, Noble Financial Capital Markets, Bloomberg, Everett, CNN Studios Locations: West Virginia, Instagram, Martha’s Chard

☆ Banks may resist China’s push to help developers
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Stringer Acquire Licensing RightsSINGAPORE, Nov 21 (Reuters Breakingviews) - Beijing is giving Chinese banks another nudge to persuade them to play the property white knight. Regulators including the People’s Bank of China are drafting a “whitelist” of 50 property developers, including state-backed China Vanke (000002.SZ) and fully private ones like Seazen (1030.HK) and Longfor (0960.HK), Bloomberg reported citing unnamed sources. More importantly, barring specific lending targets, banks are likely to remain in wait-and-see mode because they fear getting stuck with a mountain of bad loans. Last December, Chinese banks pledged new credit lines worth around 3 trillion yuan ($424 billion) to a dozen developers deemed worth saving, following a similar effort by Beijing. But at a time when China’s outstanding property loans are contracting, such vaguely worded guidance loses relevance.

Persons: Stringer, Yawen Chen, Francesco Guerrera, Thomas Shum Organizations: REUTERS, Rights, Reuters, Regulators, People’s Bank of China, HK, Bloomberg, X, Walmart, Thomson Locations: Dalian, Liaoning province, China, Rights SINGAPORE, Beijing

☆ Gap's closet cleanup begins to pay off
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Brendan McDermid Acquire Licensing RightsTORONTO, Nov 17 (Reuters Breakingviews) - Gap’s (GPS.N) new CEO is embarking on a closet cleanup. Shares in the U.S. apparel company leapt over 30% on Friday morning, a day after it unveiled third-quarter results. That reaction looks overdone, considering how overall net sales of $3.8 billion are still down 7% compared to last year, and earnings fell year-on-year. Same-store sales at sub-brand Old Navy for the quarter were up 1% year-on-year, the first quarterly increase in over two years. The company might even use that tailwind to revive its scrapped plans to separate Old Navy into a stand-alone company.

Persons: Brendan McDermid, That’s, Richard Dickson, Barbie, Sharon Lam, John Foley, Aditya Sriwatsav Organizations: REUTERS, Rights TORONTO, Reuters, Navy, Mattel, Banana Republic, X, Walmart, Thomson Locations: midtown Manhattan, New York, U.S, China

☆ Choppy luxury waters lift Burberry turnaround bar
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

MILAN, Nov 16 (Reuters Breakingviews) - Stuttering consumer confidence is complicating CEO Jonathan Akeroyd’s attempts to revive Burberry (BRBY.L). Like-for-like retail sales in the quarter to end-September grew a dismal 1% at the UK maker of fancy trench coats, below analyst expectations of 4%. But brands attempting a revamp, like Burberry or Kering’s (PRTP.PA) star label Gucci, are likely to suffer more than rivals. Akeroyd sounded confident that new designer Daniel Lee’s first collection, which was launched in shops in September, will energise shoppers. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Jonathan Akeroyd’s, Gucci, Daniel Lee’s, Lisa Jucca, Neil Unmack, Streisand Neto Organizations: MILAN, Reuters, Burberry, X, Alstom, Thomson Locations: China, U.S

☆ HelloFresh becomes buyout amuse-bouche
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

Vegetable and chillies are seen at the vegetable market in Jakarta, Indonesia, June 2, 2017. REUTERS/Beawiharta Acquire Licensing RightsLONDON, Nov 16 (Reuters Breakingviews) - HelloFresh (HFGG.DE) could be a guinea pig for food delivery buyouts. That’s mainly because one of its meal-prep sites faced water supply problems, and a slowdown in new customers in the United States. Assume a buyout group were to pay a 30% premium to the company’s market value, implying an enterprise value of 3.6 billion euros. For a buyout group, that’s food for thought.

Persons: Dominik Richter, Karen Kwok, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, X, Alstom, Thomson Locations: Jakarta, Indonesia, United States, China

☆ China moves to clean up Huarong’s “bad bank” brand
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

The logo of China Huarong Asset Management Co is seen at its office in Beijing, China, April 16, 2021. REUTERS/Thomas Peter Acquire Licensing RightsSINGAPORE, Nov 16 (Reuters Breakingviews) - What’s better than cleaning up your battered brand? That’s the view of China Huarong Asset Management (2799.HK), one of the country’s four so-called bad banks created after the 1997 Asian financial crisis to buy soured loans from state-owned lenders. Late on Wednesday, it renamed itself “China CITIC Financial Asset Management” after its top shareholder, state-owned financial conglomerate CITIC group. Now that Huarong has taken up the CITIC brand, the state’s support of the bad bank has more at stake if its troubles don't go away.

Persons: Thomas Peter Acquire, Lai Xiaomin, Huarong, Yawen Chen, Francesco Guerrera, Thomas Shum Organizations: Asset, REUTERS, Rights, Reuters, Asset Management, HK, Financial, Management, CITIC Ltd, CITIC, X, Goodyear, Alstom, Thomson Locations: China, Beijing, Rights SINGAPORE, Huarong, CITIC's Hong Kong

☆ Walmart can overcome its dulling inflationary edge
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

The company’s top line grew 5.2% in the third quarter from a year earlier while the bottom line swung to a profit. Revenue growth may now slow while costs, including wages, could take longer to come down and squeeze profit margins. Operating expenses ticked up nearly a percentage point, to 21% of net sales, from the previous three quarters. Even if the price of eggs is getting cheaper, there’s no clear reason Walmart’s stock should do the same. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Walmart Doug McMillon, Donald Trump, Eisenhower, Joshua Roberts, Doug McMillon, McMillon isn’t, Jennifer Saba, Jeffrey Goldfarb, Aditya Sriwatsav Organizations: Walmart, REUTERS, Reuters, X, Thomson Locations: Washington , U.S, China

Only after he was awkwardly pulled aside on stage and informed that he was in Sioux City did he make a correction. Trump's Sioux flub caught the attention of Florida Gov. “I don’t think he’s senile. A Trump spokesperson noted that Trump hasn’t criticized Biden directly on age, and Trump has long argued that Biden's problem isn't actually his age but his mental state. But when a reporter noted Trump’s actual age, neither woman saw it as problem.

Persons: —, Donald Trump, Joe Biden, Trump, Viktor Orbán, “, ” Biden, Biden, ”, Skylar Swan, it’s, Melody Crowder, Meyer, they’ve, they’re, ” Crowder, Cecelia S, Curtis, ” Curtis, Sioux flub, Ron DeSantis ’, Chris Christie, ” Christie, flubs haven't, Trump hasn’t, isn't, Harris, Josh Schwerin, Trump’s, ” Schwerin, Nikki Haley, Haley, Heidi Morin, ” interjected Kristin Brand, ” Brand, Janine Whitcomb, ” ___ Colvin Organizations: WASHINGTON, Hamas, Trump, Democratic, Republican, Associated Press, NORC, for Public Affairs Research, Davidson College, United State, Democrat, Biden, Florida Gov, Former New Jersey Gov, National, Fox News, Former South Carolina Gov, United Nations Locations: Hungarian, Turkey, U.S, Summerville , South Carolina, North Carolina, Iowa, United, Summerville, Sioux City , Iowa, Sioux Falls, South Dakota, Sioux City, Israel, Gaza, Derry , New Hampshire, Bourne , Massachusetts, Morin, Epping

☆ David Beckham: Filmmaker Fisher Stevens explains how ‘Succession’ and Leonardo DiCaprio helped land him Netflix documentary series
▼ + stars: | 2023-10-29 | by ( Don Riddell | Glen Levy | ) edition.cnn.com time to read: +7 min

CNN —At first glance, the American actor and filmmaker Fisher Stevens wasn’t the obvious choice to helm the four-part Netflix documentary series about English soccer great David Beckham. “When they first called me, my response was …’why me for David Beckham?’” the 59-year-old said to CNN Sport’s Don Riddell. “I said, ‘Hey, I have a call with David Beckham, but I’m not sure,’” Fisher fondly recalled. I say what’s really strong, their relationship is really strong and if you can work with your wife and it works, God bless, man,” he said. But that’s why he’s also such a good guy, because he’s worried about you too.”A second series?

Persons: Fisher Stevens, David Beckham, Stevens, ’, CNN Sport’s Don Riddell, “, ”, Beckham, Alex Ferguson, Ballon d’Or, Lionel Messi, ” Adams, Taylor Swift, Travis Kelce, Becks ’, Jesse Armstrong, HBO’s, Tony Roche, Hugo, Oscar, Leonardo DiCaprio, DiCaprio, ‘, I’m, ’ ” Fisher, Logan Roy, ” Brand Beckham, David, he’s, “ Beckham, Ted, Ferguson, Scot, Megan Briggs, Victoria, ‘ David we’ll, ‘ David, that’s, Joseph West, ” Stevens Organizations: CNN, Netflix, Manchester United, Major League Soccer, Inter Miami, Argentina, Spice, HBO, Warner Bros, United, Real Madrid, Variety, Qatar, Jewish Locations: American, England, Spain, America, Italy, France, United States, “, Victoria

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