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"But, longer term, a well-run snack food company is a great place to be." Mondelez stock jumped over the past few weeks, now up more than 4% since the beginning of September, according to FactSet. To Cramer, Wall Street has embraced recession-proof food companies like Mondelez as investors worry about an economic slowdown. Lower rates makes these stocks "go out of style in the Wall Street fashion show," he added. He also expressed concerns about the effect of GLP-1 weight loss drugs on snack food companies as a whole.
Persons: CNBC's Jim Cramer, Cramer, Wall, Dirk Van de, Mondelez, Van de Organizations: Federal Reserve, Mondelez, Cadbury, Ritz, Fed, Bloomberg Locations: Mondelez
While many investors have been distracted by the recent drop in leading technology shares, a traditionally overlooked part of the market is seeing a major boom: consumer staples. The S & P 500 consumer staples sector hit a record on Monday, putting it more than 8% higher over the past three months. On Friday, the Bureau of Labor Statistics said 142,000 jobs were created in August, well below the 161,000 expected by economists. Against this backdrop, we used the CNBC Pro Stock Screener tool to find consumer staple stocks that could outperform going forward. Kroger is expected to gain more than 12% going forward, based on analysts consensus price targets.
Persons: It's, Kroger, Bernstein, Douglas Harned Organizations: Tech, of Labor Statistics, CNBC, Stock, Kroger, Constellation Brands, Bunge Global, Modelo, Bunge, GE Aerospace, GE Locations: U.S
Justin Sullivan | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineMaybe all it takes are shiny new things to lift our mood and take our minds off recession fears. Of course, Apple's event is not the sole reason markets rose yesterday. They'll also let us know if we can afford those shiny new things that Apple's dangling in front of us.
Persons: Pro Max, Justin Sullivan, I'm, Zers, CNBC's Kelly Evans, They'll, – CNBC's Pia Singh, Lisa Kailai Han Organizations: Pro, Apple, Getty, CNBC, Research, Bloomberg, Nvidia, Nasdaq, Dow Jones Industrial Locations: Cupertino , California, U.S, Cupertino
In some places — especially in the U.S. — we aren't always delivering," Niccol wrote in the open letter addressed to customers, employees and stakeholders. Niccol, who calls himself a long-time Starbucks customer, outlined four areas for improvement: the barista experience, morning service, its cafes and the company's branding. "This is our plan for the U.S., and where I need to focus my time initially," Niccol wrote in the letter. Later, Niccol plans to address its international business, like China, its second-largest market. The coffee giant named Niccol as chief executive in August, in conjunction with the company's ouster of then-CEO Laxman Narasimhan.
Persons: Brian Niccol, Niccol, We're, Laxman Narasimhan, shakeup, he's Organizations: U.S, Starbucks Locations: U.S, China, Gaza
CNN —The US Food and Drug Administration announced Tuesday that it will examine the potential harm to women of heavy metals such as lead and arsenic found in tampons. The FDA’s action follows the July publication of a small pilot study that found arsenic and lead in organic and nonorganic tampons. The July study discovered only the presence of the metals and “did not test whether metals are released from tampons when used,” the FDA said in a statement Tuesday. “However, there is no reason for people to be afraid to use menstrual products at this time,” Pollack added. That advice also applies to anyone concerned about heavy metals or chemicals in their menstrual products, experts say.
Persons: , Kathrin Schilling, ” Schilling, nonorganic tampons, hasn’t, , Anna Pollack, Pollack, ” Pollack Organizations: CNN, Food and Drug Administration, US Environmental Protection Agency, FDA, Consumer Healthcare, Association, Columbia University’s Mailman, of Public Health, American Chemistry Council, , for Disease Control, Prevention, George Mason University Locations: tampons, U.S, United States, United Kingdom, Greece, New York City, Fairfax , Virginia
The fervor and passion surrounding women's sports aren't going to go away, said Jessica Berman, commissioner of the National Women's Soccer League. Gotfredson noted that fans of women's sports are "fanning differently" and are more engaged "from a brand partner perspective" than those who follow men's sports and male athletes. "It's still a small percentage of brands spending in women's sports," she said. Both Brink and USC's women's basketball star JuJu Watkins agreed that more women's sports games need to be more accessible for fans, with Brink saying "keep showing it and making it easier to watch." Yet Berman said women's leagues have a lot of catching up to do.
Persons: Caitlin Clark, Destanni Henderson, Jessica Berman, They're, We've, Berman, Sara Gotfredson, Gotfredson, Cameron Brink, Angeles Sparks, USC's, JuJu Watkins, Brink Organizations: Indiana, Atlanta, WNBA, Gainbridge Fieldhouse, National Women's Soccer League, CNBC, Trailblazing Sports, Women's National Basketball Association, Google, Ally Bank, AT, Angeles, United States Soccer Federation Locations: Gainbridge, Indianapolis , Indiana
Taylor Swift and Travis Kelce just wrapped a whirlwind weekend of dates. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTo the delight of Swifties and NFL fans, Travis Kelce and Taylor Swift seemed to be everywhere last week. On Thursday, Swift attended the NFL season opener, supporting Kelce as the Kansas City Chiefs beat the Baltimore Ravens.
Persons: Taylor Swift, Travis Kelce, , Swifties, Swift, Kelce Organizations: Service, NFL, Kansas City Chiefs, Baltimore Ravens, Business Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWyndham expands into Asia-Pacific with 'owner first' strategy, says executiveWyndham Hotels & Resorts now has 19 of the company's 25 brands in Asia-Pacific. The company's APAC President Ooi Joon Aun told Squawk Box Asia that the company's success is mainly owing to employing an "owner-first business philosophy" in the region.
Persons: Wyndham, Ooi Joon Aun Organizations: Wyndham Hotels & Resorts Locations: Asia, Squawk
But this year, men’s tennis has had a different complexion since none of Federer, Nadal or Djokovic has won a grand slam title for the first time since 2002. Whatever comes next is unlikely to mirror the previous era, leaving men’s tennis in an unfamiliar position, shorn of its three biggest icons who transcended the court. Carlos Alcaraz has already won four grand slam titles at the age of 21. “There has to be a real recalibration … because I already see people talking, like, ‘Can Alcaraz catch Djokovic’s grand slam record?’” Rothenberg tells CNN Sport. Medvedev and Dominic Thiem, who is retiring at the end of this year, are still the only men born in the 1990s to win a grand slam.
Persons: Roger Federer, Rafael Nadal, Novak Djokovic, Federer, Nadal, Djokovic, Andy Murray, , Carlos Alcaraz, Alcaraz, Sinner, , Mats Wilander, Pete Sampras, That’s, Ben Rothenberg, Matthew Stockman, Taylor Fritz, Frances Tiafoe, Ben Shelton, Holger Rune, Daniil Medvedev, ’ ” Rothenberg, Williams, , Wilander, Rafa Nadal, Medvedev, Dominic Thiem, Ryan Pierse, Rafa, ” Simon Cambers –, it’s, “ It’s, ” Jett Wright –, Topnotch Management –, David Foster Wallace, Anna Wintour, Angela Weiss, … Don’t, Björn Borg, Matteo Berrettini, Hugo Boss, Gucci, Simon Graf, Wright, Ernesto S, they’ll Organizations: CNN, Big, Australian, Wimbledon, Eurosport, CNN Sport, Federer, Serena, Nadal, “ Tennis, Topnotch Management, Getty, Cambers, MLB, MLS, NBA Locations: , American
GM declined to discuss details of the spending, including how much of that amount is specifically tied to NFL advertising, but reiterated it remains significantly lower than historic levels. “The impact of the NFL on the automotive advertising industry is really very, very substantial,” said Alberto Leyes, head of product strategy at Guideline. Guideline reports viewership of NFL broadcasts grew about 7% over the past season, whereas ad spend in NFL programming doubled that pace at 14%. Automotive ad spend increased 17% over the past two seasons and is expected to increase again this year, according to Leyes. Stellantis is expected to soon launch new ads for the NFL season, including around its Jeep brand, but a spokeswoman declined to provide additional details.
Persons: , Ryan Briganti, Alberto Leyes, “ We’ve, we’ve, ” Leyes, Andrew Messina, Messina, Mark Marshall, Jenny Wall, Dedra DeLilli, That’s, ” DeLilli, , DeLilli, Stellantis, Randy Parker, NBCUniversal Organizations: National Football League, Toyota Motor Corporation, Hyundai Motor Company, Detroit, NFL, Toyota, CBS Sports, CBS, Paramount, General Motors, GM, Nielsen, Disney, ESPN, Disney Advertising, Hyundai, Mercedes, Benz, Nissan Motor, Chrysler, Brands, Sunday, NBC, Automotive, Toyota North, Olympics, Hyundai Motor America, CNBC, Comcast, NBC Sports, NBC Olympics, Games Locations: Messina, U.S, Toyota North America, Paris
A handful of stocks could prove to be smooth sailing for investors looking to ride out a historically volatile September. Stocks got off to a shaky start this month, with last week marking the worst performance since March 2023 for the S & P 500. Shares have advanced about 55% in 2024, and analysts polled by LSEG forecast nearly 11% upside ahead for the pharmaceutical stock. TJX YTD mountain TJX Companies stock. Analysts polled by LSEG forecast more than 12% upside ahead for TJX stock.
Persons: Stocks, Eli Lilly, TJX Organizations: CNBC Pro, CNBC, LSEG, Wall, Marshalls, Brands, Companies, Omnicom, Kroger Locations: Maxx
Check out the companies making headlines in midday trading: Palantir Technologies , Dell Technologies — Palantir and Dell jumped 14% and nearly 4%, respectively, following the announcement after the bell Friday that both stocks would join the S & P 500 before the open on Sept. 23. Palantir is set to take American Airlines' spot, while Dell is going to replace Etsy. JetBlue Airways — The airline stock popped around 7% after Bank of America analyst Andrew Didora upgraded the firm to neutral from underperform. Cannabis stocks — Cannabis stocks moved higher after former President Donald Trump said in a Truth Social post that he will support legalizing adult marijuana use in Florida. A logo outside the Palantir Technologies pavilion ahead of the World Economic Forum in Davos, Switzerland, on Jan. 15, 2024.
Persons: Dell, Merck's, Andrew Didora, Didora, Arm's, Donald Trump, , Alex Harring, Hakyung Kim, Yun Li, Jesse Pound, Michelle Fox, Stefan Wermuth Organizations: Palantir Technologies, Dell Technologies, American Airlines, Etsy, Therapeutics, Merck, JetBlue Airways —, Bank of America, JetBlue, Boeing, Citi, Federal Reserve, Arm Holdings, Financial, Apple, Monday, United States Steel, JPMorgan, Nippon Steel, Tilray Brands, Cannabis ETF, Economic, Bloomberg, Getty Locations: Florida, Davos, Switzerland
New York Fashion Week, which formally kicks off fashion month, has found itself at a crossroads in recent seasons as its counterparts in Milan and Paris have maintained dominance on the industry’s schedule with sought-after shows and splashy celebrity guest lists. Gilbert Flores/WWD/Getty ImagesBut Olympians haven’t just been on the guest list this week — they’ve made surprise runway debuts as well. The Nepali American designer Prabal Gurung, too, had a message, but one of hope. Paris Hilton invited Megan Thee Stallion for a performance at Hilton’s album release party with Nylon Magazine for New York Fashion Week. Victor Pagan/Getty ImagesA model walks the runway for the Off-White fashion show during New York Fashion Week on September 8, 2024 in New York City.
Persons: Ralph Lauren, Tommy Hilfiger, Lady Jill Biden, Usher, Jude Law, Tom Hiddleston, Naomi Watts, Solomon, Alaïa, supermodels Naomi Campbell, Linda Evangelista, Amber Valletta, Stephanie Seymour, Kendall Jenner, Ib Kamara, Zayn Malik, Mary J, Blige, Camila Cabello, Alessandra Ambrosio, Ashleigh Johnson —, Flav, Sunisa Lee, Jill Biden, Ralph Lauren’s Bridgehampton, Theo Wargo, Rihanna, Pieter Mulier, Brooke Shields, Gilbert Flores, haven’t, they’ve, ” Jordan Chiles, Kim Shui, Noah Lyles, Willy Chavarria’s, “ América, Adidas —, , Willy Chavarria, ” Nina Westervelt, Piotrek Panszczyk, Prabal Gurung, Kamala Harris ’, Gurung, Harris, “ I’ve, ” Gurung, , Paris Hilton, Megan Thee, Roy Rochlin, Victor Virgile, Nina Westervelt, Dan Lecca, Jonas Gustavsson, Lee, David Dee Delgado, Pink, Prabal Gurung Brandon Maxwell, Fernanda Calfat, Sergio Hudson’s, Grace Ling, Jennifer Lopez, Radhika Merchant, Alex Consani, Grace Ling Ling, Victor Pagan, JP Yim, Kamara, Virgil Abloh, Kamara —, Sierra Leone —, utopias, Jason Wu, Tong Yang, Arturo Holmes, Tommy Hilfiger’s, Giovanni Giannoni, Sandy Liang, , Filippo Fior Organizations: CNN, New York, U.S ., Polo Bar, Guggenheim, Adidas, American Civil Liberties Union, Tinder, Paris, Nylon Magazine, Labor, Getty, Seaport Locations: New York City, Long, Paris, Milan, York, Brooklyn, New York, Gotham, Nepali, City Hall, AFP, New, Ghana, Sierra Leone
Read previewAmerica's wild, multi-year shopping spree has come to an end — and retailers who got used to Americans dropping cash on just about everything are in a tough spot. US retail sales came in stronger than expected in July, with Americans spending more overall compared to the prior month, according to Census data. Around 40% of consumers said they planned to pare back spending on accessories, home decor, jewelry, and furniture, per McKinsey's survey. We're now back in an environment where good retailers, strong brands that offer compelling value … will benefit," Siegel said. In the meantime, that could mean more pain for retailers, Siegel said, speculating that many were caught by surprise by the shift in consumer sentiment.
Persons: , Ted Rossman, Rossman, pare, Simeon Siegel, Siegel, We're, SPDR Organizations: Service, Business, McKinsey & Company, Bankrate, Customers, BMO, Challenger, Walmart, Target, San Francisco Fed, Primerica Locations: FactSet
However, the trend is ruffling more than a few feathers, due to the airport security line being one of the top places in the world where it’s imperative to avoid dilly-dallying. Let’s also not forget that with all those shoes passing through security trays, you may as well be laying your items straight out on the floor. In 2018, a European study found that airport trays are the least hygienic part of the airport, carrying more germs than toilets. So while hand sanitizer doesn’t typically feature in these airport tray photos and videos, it should probably play a key part in the aftercare. “As long as the staged glamor photos are not causing delays or issues with other passengers in the checkpoint, there are no issues.
Persons: , , Louis Vuitton, yall, Let’s, Faber, Piper Taich, Gen Organizations: CNN, New York Post, TSA, Metro, Adidas Gazelles, Chelsea, Amazon, US Transport Security Administration Locations: bookshelves, , JFK, New York, Chicago
Rare Beauty is the main factor in Gomez's wealth. Selena Gomez at a Rare Beauty event in Beverly Hills. Stefanie Keenan/Getty ImagesGomez may be best known as an actor and musician, but the bulk of her fortune — more than 80%, according to Bloomberg's estimates —comes from her beauty brand, Rare Beauty. The brand has been particularly successful on social media, which Gomez has also dominated. What goes on social media sells in the stores — it's black and white."
Persons: Selena Gomez, Stefanie Keenan, Gomez, it's, Anncy Rowe, She's, Jeffrey Ten, swirled Organizations: Getty, Business, Coty Locations: Beverly Hills, Kohl's
From the moment Paul Graham dropped his essay on "founder mode," people online analyzed it like a stone tablet found bearing the new commandment of startupdom. But there's one group that has been privately wrestling with "founder mode" since before it had a meme-able name: female founders. Four female founders told Business Insider that a stark double standard prevents them from operating their startups as their male counterparts do. Bumble founder Whitney Wolfe Herd wrote on Instagram that she was "in founder mode for 10 years and got attacked for it every single day." But unlike female founders, he and Neumann, the WeWork founder, enjoy the luxury of being given second chances by investors.
Persons: Paul Graham, Tobias Lütke, Baron Davis, Jessica Lessin, Tim Cook, Satya Nadella, that's, There's, they'll, Amanda E, J Morrison, Julie Products, Adam Neumann, Sophia Amoruso, it's, Whitney Wolfe Herd, Morrison, We've, they're, Clara Brenner, They're, she's, Julie, Christie Horvath, Wagmo's, Horvath, there's, Anna Barber, Barber, Jenny Fielding, Fielding, Elon, Sara Mauskopf, Slack, Musk, Mauskopf, Neumann, It's, Ty Haney, athleisure —, Haney, Graham's Organizations: Service, Founders, Spotify, Urban Innovation Fund, CVS, M13 Ventures, Ventures, TechCrunch
GM declined to discuss details of the spending, including how much of that amount is specifically tied to NFL advertising, but reiterated it remains significantly lower than historic levels. Last NFL season, automakers were the most-seen brand industry, with more than 10% of TV ad impressions, according to ad data company iSpot. Guideline reports viewership of NFL broadcasts grew about 7% over the past season, whereas ad spend in NFL programming doubled that pace at 14%. Automotive ad spend increased 17% over the past two seasons and is expected to increase again this year, according to Leyes. New ad campaignsToyota, as the "Official Automotive Partner of the NFL," launched a new ad campaign for the NFL season this week called "Roll Deep."
Persons: Ryan Briganti, Alberto Leyes, we've, Leyes, Andrew Messina, Messina, Mark Marshall, Jenny Wall Organizations: NFL, National Football League, Toyota Motor Corporation, Hyundai Motor Company, Detroit, Toyota, CBS Sports, CBS, Paramount, General Motors, GM, Nielsen, Disney, ESPN, Disney Advertising, Hyundai, Mercedes, Benz, Nissan Motor, Chrysler, Brands, NBC, Automotive, Baltimore Ravens, Kansas City Chiefs Locations: Messina, U.S
The US Open is having a moment
  + stars: | 2024-09-07 | by ( Samantha Grindell | ) www.businessinsider.com   time to read: +7 min
With nearly one million people attending the tournament in 2023, the US Open has long been popular. AdvertisementThe US Open is New York's event of the seasonThe US Open has been a celebrity hot spot for years. Chris Ivery, Tony Goldwyn, Bellamy Young, and Shonda Rhimes attend the US Open in August 2024. "The culmination of having beloved brands like Aperol at an iconic event like the US Open makes the experience a 'can't miss' event for the summer season, and it only gets more exciting every year we are there," Sengara added. Tennis is having a momentThough the US Open feels like a new level of cool for tennis, the sport has been gaining cultural capital for some time now.
Persons: , influencers, Tony Goldwyn —, Ellen Pompeo, Shonda Rhimes, Chris Ivery, Tony Goldwyn, Bellamy Young, Vera Wang, Anna Wintour, Serena Williams, Alicia Keys, Calum Beedling, Beedling, Williams, Nick Mautone, Mautone, Chandon, Phoebe Dynevor, Cameron Fuller, David Kenas, Carmelo Anthony, Jessica Biel, Enzo Gouedar, Gouedar, Questlove, Sophie Fritz, Aperol, Andrea Sengara, Campari, Sengara, Ariana Grande, Dalton Gomez, There's, Naomi Osaka, Yoon Ahn, TIMOTHY A, CLARY Organizations: Service, Gotham, Brands, US, Tiffany, Wimbledon, Nike, New York Times Locations: New York, Queens , New York, Chambord, Moët's
There are currently a handful of electric trucks for purchase in the U.S. market: the Tesla Cybertruck, Ford F-150 Lightning, Rivian R1T and General Motors' GMC Hummer EV, GMC Sierra Denali and Chevrolet Silverado. The GMC Hummer and Rivian also have SUV versions, which feature similar functions as their pickup counterparts but in different forms. The SUV version is smaller and more manageable to drive than the pickup truck version. When the F-150 Lightning hit the market, it was the first "mainstream" electric truck. An electric Ford F-150 next to a Tesla Cybertruck in front of Ford's world headquarters on Aug. 27, 2024 in Dearborn, Mich. Michael Wayland / CNBC
Persons: Michael Wayland, CNBC DETROIT – Tesla, Stephanie Brinley, it's, Stephanie Valdez Streaty, Tesla, Ford, Rivian R1T, Rivian, Kelley, Sierra EVs Organizations: GMC, Denali, Tesla, Ford, CNBC DETROIT, Motors, Rivian Automotive, P Global Mobility, Cox Automotive, General Motors, GMC Hummer EV, GMC Sierra Denali, Chevrolet Silverado, Motor Intelligence, Renaissance Center, CNBC, GM, U.S . Environmental Protection Agency, Cruise, Silverado, GMC Sierra GM's, DC, Chevrolet, Sierra Locations: U.S, Detroit, Dearborn, Mich
For Google, the focus turns to its ad tools, which are part of the company’s $200 billion digital ad business. In the first antitrust case, the court found that Google violated Section 2 of the Sherman Act, which outlaws monopolies. The company’s M&A strategy “set the stage for Google’s later exclusionary conduct across the ad tech industry,” the Justice Department alleges. Google has long fought back against claims that it dominates online ads, pointing to the market share of competitors including Meta. It will argue that buyers and sellers have many options especially as the online ad market has evolved.
Persons: Biden, Donald Trump, Meta, Sherman, Goldman, Bernstein, Amit Mehta, ” Mehta, Google’s, Neal Mohan, Mohan, it’s, AdMeld, Jerry Dischler, It’s, Sissie Hsiao, Scott Sheffer, Prabhakar Raghavan, Simon Whitcombe Organizations: Department of Justice, Google, Microsoft, Big Tech, DOJ, Apple, Federal Trade Commission, Facebook, Amazon, Citibank, NYSE, New York Stock Exchange, YouTube, Google Network, U.S, District of Columbia, Department, DoubleClick, Meta, Stanford, Harvard, New York Times Locations: Alexandria , Virginia, California , Colorado , Connecticut , New Jersey , New York, Rhode Island and Tennessee, Google’s
Selena Gomez is a billionaire
  + stars: | 2024-09-06 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —Selena Gomez can now add becoming a billionaire to her long list of achievements. The 32-year-old actress, singer, investor and entrepreneur just achieved the financial milestone thus making her one of the youngest self-made billionaires in the United States, according to Bloomberg, which values her net worth at $1.3 billion. But her following has also helped her Rare Beauty line, putting her in the celebrity-led category of makeup brands dominated by Rihanna and the Kardashians. Gomez also has reportedly reached out to investors for Rare Beauty, seeking a $2 billion valuation. Gomez’s representative didn’t immediately respond to CNN’s request for comment.
Persons: New York CNN — Selena Gomez, influencers, Instagram, Cristiano Ronaldo, Lionel Messi, Gomez, didn’t Organizations: New, New York CNN, Bloomberg, Puma, Rihanna, Rare, Fund, Hulu Locations: New York, United States
(And in doing so, gave rise to a generation of hilarious “That’s why, for this pride month, I’ve partnered with” memes. But more damaging than the cringe of a tone-deaf tweet about diversity is when companies give up on the performance altogether. This week, Molson Coors, a longtime sponsor of Pride events and partner to LGBTQ+ nonprofits, joined the list. A Molson Coors representative declined to comment beyond the memo. Coors Light may have looked at its rival getting pummeled by right-wing pundits and feared being the next target.
Persons: CNN Business ’, Kendell Jenner, I’ve, John Deere, Davidson, Molson Coors, Coors, Robby Starbuck, , Nathaniel Meyesohn, Starbuck, George Floyd, Bud Light, Cait Lamberton, , you’ve, pummeled, they’re, Tom Sebok, Molson, Sebok Organizations: CNN Business, New York CNN, Pepsi, Harley, Tractor Supply, Molson Coors, Molson, Human Rights, Coors, DEI, University of Pennsylvania’s Wharton School of Business, The New England Consulting Locations: New York, America, United States
Read previewGoop, Gwyneth Paltrow's blog/lifestyle brand/beauty company/vitamin retailer/etc., launched 16 years ago, spurring copycat celebrity brands and products like the infamous orgasm candle. Goop is cutting 18% of its 216-person staff, citing a change to its organization, WWD reported on Thursday. It'll focus on beauty, fashion, and food — specifically its Goop Beauty and Good Clean Goop beauty brands, its G. Label clothing line, and Goop Kitchen restaurants. Last year, it launched Good Clean Goop, a lower-priced line of skincare that can be found in Target and on Amazon. (An exfoliator from the brand costs $20, while one from Goop Beauty costs $125.)
Persons: , Gwyneth Paltrow's, Goop, it's, WWD, Condé Nast, Puck, Neil Saunders, Travis Kalanick, Uber, Paltrow Organizations: Service, Business, Netflix, GlobalDatal Locations: Target, Southern California
watch nowWhen Jerry Jones plunked down $150 million to buy the Dallas Cowboys in 1989, the team was losing $1 million a month, according to Jones. The Cowboys are the most profitable in the NFL, posting EBITDA of $550 million last season, $300 million more than the New England Patriots, the second-most profitable NFL team, according to CNBC's list. In 1995, Jones signed a 10-year, $40 million deal with Pepsi-Cola and made a $2.5 million a year, 10-year deal with Nike. The value of the Cowboys' sponsorship deals has ballooned over the years. But there is no doubt he created the economic blueprint for an NFL team.
Persons: Jerry Jones plunked, Jones, DaRon Bland, Ron Jenkins, Tom Landry, Jimmy Johnson, Herschel Walker, Emmitt Smith, Darren Woodson, Barry Switzer, Jason Robins, Ryan Kang, Mike Tyson Organizations: Dallas Cowboys, Texas, Cowboys, National Football League, Los Angeles Rams, NFL, New England Patriots, Washington, T, Arkansas, CNBC, American Express, Pepsi, , Visa, Cola, Nike, NFL Properties, The Cowboys, Molson Coors, The Dallas Cowboys, Seattle Seahawks, AT, Super, Big, Professional Bull Riders, & $ Locations: Arlington , Texas, Texas, Arlington
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