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☆ Rise of Middle-Class Shoplifters: Americans Are Stealing From Stores
▼ + stars: | 2024-11-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +18 min

And before you ask, no, he doesn't feel bad about it, especially when he pilfers from Whole Foods. AdvertisementBut there's also a lot we don't know about retail theft. "No, I don't feel bad about stealing from Jeff Bezos," one 20-something occasional shoplifter in Washington, DC, told me. "It doesn't feel like a world in which I can really get by and build a life very easily anymore, " he said. Advertisement"If most of this is happening in Walgreens and Walmart and places like that, I don't know, is it a problem?"

Persons: Carson's, he's, Carson, He's, shoplifts, Jeff Bezos, there's, it's, Joshua Jacobson, California who's, —, that's, Ernesto Lopez, they've, Jeff Prusan, Joe Schmoes, they're, Keith, shoplifter, That's, Donovan, Donovan's, snagging, she's, Jacobson, Jeff Bezos isn't, David Johnston, we're, hasn't, Emily Stewart Organizations: Walmart, Foods, Amazon, National Association of, Criminal, Atlantic, Depot, Target, Guardian, National Retail Federation, Business Locations: New York, California, Washington ,, Atlanta, Texas, Illinois, Walgreens

☆ This election is so divisive, some companies have gone silent even on basic civics
▼ + stars: | 2024-11-03 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +4 min

But in 2024, in an election cycle as divisive as ever, these same companies and many more have been less active in encouraging voting. Despite the nonpartisan nature of get-out-the-vote campaigns, companies may view any appearance of being political as a risk not worth taking. Some brands have found success and acceptance from their consumers with a get-out-the-vote campaign this election season. “No one is saying you’re not allowed to feel passionate about this coming election,” said Shankman. “But understand that not everyone who uses your company or buys your product is going to think the same way you do.

Persons: LeBron James, Naomi Osaka, ”, Armour, “, Absolut, Edelman, That’s, Peter Shankman, ’, “ We’ve, Emily Hikade, it’s, Jen Rubio, you’re, I’d Organizations: CNN, Nike, ” Nike wasn’t, “ NIKE, Inc, BluShark, Corporate America

☆ Japanese shoppers are entering their spending era. Not all luxury brands stand to benefit.
▼ + stars: | 2024-11-03 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Luxury sales in Japan surged due to a weakened yen and increased tourist spending. Brands like Hermès are thriving there by aligning with Japanese values of subtlety and quality. Rasmus Jurkatam/Getty ImagesBut in Q3, both LVMH and Kering reported a slowdown in luxury spending in Japan. Still, while the tourist spending may have faded somewhat, experts say Japanese consumers are emerging from a frugal era and spending on luxury themselves. But the Japanese aren't just splashing their cash anywhere — a bitter pill for some luxury brands to swallow.

Persons: —, Amrita Banta, Kering, Rasmus Jurkatam, Jelena Sokolova, Daniel Langer, Martin Roll, Birkin, Banta, Louis Vuitton, Roll, Langer, " Langer Organizations: Brands, Service, Research, Gucci, Morningstar, Pepperdine University, McKinsey, Prada Locations: Japan, China, India

☆ Newly-released video show masked men rob jewelry stores
▼ + stars: | 2024-11-03 | by ( ) edition.cnn.com time to read: 1 min

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☆ Top Wall Street analysts are confident about the long-term potential of these 3 stocks
▼ + stars: | 2024-11-03 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Top Wall Street analysts closely follow the key details of a company's quarterly results. (See Fiserv Financials on TipRanks)Boot BarnWe now move to Boot Barn (BOOT), a retailer of western and work-related footwear, apparel and accessories. Despite the beat-and-raise quarter, BOOT stock plunged as investors reacted unfavorably to the company's announcement about the planned departure of CEO Jim Conroy in November. Following the print, Baird analyst Jonathan Komp upgraded his rating for Boot Barn stock to buy from hold, while maintaining the price target at $167. (See Boot Barn Stock Charts on TipRanks)Chipotle Mexican GrillFinally, let's look at this week's third stock, restaurant chain Chipotle (CMG).

Persons: Ivan Feinseth, Feinseth, TipRanks, Jim Conroy, Conroy, Baird, Jonathan Komp, Komp, Chris O'Cull, O'Cull Organizations: Manhattan , New York City . Tech, Wall Street, Tigress, FI, Ross Stores Locations: Manhattan , New York City

☆ Barbecue, bingo, and bipartisan partying: How America is preparing for election night
▼ + stars: | 2024-11-02 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

On a highly charged election night, some Americans are ready to go out and party. AdvertisementMany Arizonans are still undecided — on which strain of weed they want to smoke on election night, that is. She anticipates it will be open until at least midnight on election night, two hours past its usual closing time. AdvertisementDrag queens Aggy Dune (left) and Darienne Lake (right) will perform on election night. Courtesy of Andrew LehnSome workers are opting out of election night completely.

Persons: —, they've, OG, Kamala Kush, Jill, Luke Flood, Donald OG, Flood, it's, Donald, partygoers, we're, Marjorie Taylor Greene, Leah Kolb, Kolb, " Kolb, Ken Lowe Jr, Lowe, Darienne, Kristina Dinino, Jeffords, it'll, Kamala, MAGA, rita, John Gram, Prepping, Gopuff, Abe Malkin, Andrew Lehn, HoTail, Kitty Rayborn, I'm Organizations: Service, Democratic, Hill, CNN, Fox, Cinema, Divas, Democracy Locations: Curaleaf, Arizona , Florida , New York, Illinois, Arizona, Tacoma , Washington, Lansing , Michigan, Washington, DC, Philadelphia, Rochester , New York, Pennsylvania, Texas

☆ A fast-changing Chinese coffee market awaits Starbucks CEO Brian Niccol
▼ + stars: | 2024-11-01 | by ( Eunice Yoon | ) www.cnbc.com time to read: +4 min

In this article SBUX Follow your favorite stocks CREATE FREE ACCOUNTPeople seen around the Starbucks coffee store in Shenzhen, China. Costfoto | Nurphoto | Getty ImagesThe formerly Nasdaq-listed Luckin Coffee ran into accounting issues and went through a de-listing. Starbucks has an express version of its coffee stores in China called Starbucks Now, where most patrons order drinks on the app for pick up. Competition from everywhereOn top of the Chinese coffee rivals, Starbucks is competing with a host of other local chains on tea. With more and more Chinese wanting a daily java fix, grab-and-go coffee is becoming widely available at tea chains and convenient marts.

Persons: Jakub Porzycki, Brian Niccol, Niccol, CNBC's Andrew Ross Sorkin, Price, Zhang Peng, Auntea Jenny, Mixue, Jenny, Tim Hortons Organizations: Nurphoto, Starbucks, Nasdaq, Shanghai Starbucks, Lightrocket, Getty, KFC Locations: Shenzhen, China, Shanghai, Cotti, Beijing, Luckin, Costa Coffee

☆ A millennial who decorates for Christmas early doesn't care some people think it's too soon. It brings her joy and peace.
▼ + stars: | 2024-11-01 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Bolio — a 27-year-old stay-at-home mom and content creator from Fowler, California, near Fresno — began decorating for Christmas before October was even over. "A lot of the people who complain about it are those who love Halloween, so they don't want to see Christmas decorations," she said. "Retailers used to wait until Halloween had passed to put out the Christmas decor, now we're more likely to see Halloween and Christmas sections side-by-side," Canaves said. AdvertisementHer Christmas aesthetic isn't just red and greenBolio shops for decorations from At Home, HomeGoods, T.J. Maxx, and Michaels. Courtesy of Jessica BolioBolio plans to finish decorating the rest of her house for Christmas soon.

Persons: Jessica Bolio, Bolio, —, Mariah Carey, Fowler, that's, It's, Prosper, it's, Canaves, Michaels, Katherine, Jessica Bolio Bolio, she's Organizations: Service, National Retail Federation, Amazon, Retailers, Facebook, Katherine Center Locations: Fowler , California, Fresno, Bolio's

☆ Why fast-food chains and big brands love loyalty programs
▼ + stars: | 2024-11-01 | by ( Nora Redmond | ) www.businessinsider.com time to read: +6 min

Fast-food chains and retailers are using loyalty programs to drive sales amid inflation challenges. AdvertisementRetailers and fast-food chains are leaning into loyalty programs to drive sales. Starbucks' loyalty program is also growing. AdvertisementThe power lies in the perksHowever, a good loyalty program should be about more than just the points. Advertisement"In a marketplace where choices are endless, a strong loyalty program doesn't just retain customers, it also builds a relationship that feels personal and valuable," she said.

Persons: —, McDonald's, Chris Kempczinski, Kempczinski, It's, Laxman Narasimhan, Paschal, Lindsey Wasson, Burger, Kevin Shahnazari, Zsuzsa Kecsmar, Zarina Stanford, doesn't, Kecsmar Organizations: Service, Global, Starbucks, Costco, AP, KFC, Burger King, Nike Locations: Colorado

White sand, clear turquoise sea and lush trees swaying in the breeze. This might sound like a description of the Maldives — but it's actually what I experienced on a recent trip to Italy. The area was founded by Prince Karim Aga Khan IV in the 1960s and now attracts the jet set. Airfare obviously affects travel costs, but I spent $1,500 for a week on the island, including flights from London. We stopped for a lemon granita at the Shardana restaurant, set among the trees overlooking the white sand Baia Sant'Anna beach.

Persons: Costa Smeralda, Prince Karim Aga Khan IV, Emanuele Perrone, Belmond, Blanc, Rocco Forte, Neilson, Costa, I'd, Baia, Sinead, Lucy Handley's, Keener, Lucy Handley, Pedra Niedda, Paolo, Ristorante La Volpe, Enrico Spanu Organizations: Porto Cervo, Qatar Investment Authority, Getty, Schools, London Stansted Airport, Ristorante Locations: Maldives, Italy, Sardinia, Sicily, Europe, Porto, Sardinia's Costa Smeralda, London, U.K, Greece, Baia dei, Olbia, Isola Tavolara, Tanaunella, Sardinian, Orosei

☆ 25-year-old spent $300 on a sewing machine in high school—now her seven-figure denim brand is worn by Taylor Swift
▼ + stars: | 2024-11-01 | by ( Nicolas Vega | ) www.cnbc.com time to read: +7 min

Elena Bonvicini didn't set out to start a multimillion-dollar denim brand worn by the likes of Taylor Swift, Gigi Hadid and Kendall Jenner. Even charging her friends and classmates just $10 or $30 for a pair of jeans, Bonvicini turned a nice profit. Elena Bonvicini Founder, EB DenimAt college, Bonvicini worked diligently to expand EB Denim. This exposure also got EB Denim into high-end retailers like REVOLVE and Selfridges. By the time she was a junior, she says EB Denim was bringing in over $1 million in revenue and had a small handful of employees and interns.

Persons: Elena Bonvicini didn't, Taylor Swift, Gigi Hadid, Kendall Jenner, Bonvicini, Elena Bonvicini, EB, Chiara Ferragni, Danielle Bernstein, Kylie Jenner of, —, seamstresses, couldn't, Kylie Jenner, Hailey Bieber, Bella Hadid Organizations: CNBC, Denim, EB, Melrose Trading, Flea, USC Locations: Southern California, Wisconsin, influencers, Kylie Jenner of Italy

☆ Wendy's is closing another 140 'outdated' stores as it looks to build out new higher-tech locations
▼ + stars: | 2024-11-01 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Wendy's says will close 140 "outdated" stores this year, leaving its growth count flat for 2024. Wendy's is in the home stretch of a redesign that features new tech and drive-thru improvements. The fast-food chain said Thursday that it will close 140 "outdated" stores in underperforming areas this year, ahead of schedule. Wendy's has 7,000 worldwide locations, and previously said it expected to close around 100 locations this year. AdvertisementTanner said annual sales and profit margins at the closing locations are far below the overall company average.

Persons: Wendy's, —, Kirk Tanner, Tanner, Gunther Plosch Organizations: Service

☆ Soda is making a comeback
▼ + stars: | 2024-11-01 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Cans of Dr Pepper soda are displayed on June 3, 2024 in San Anselmo, California. While consumers are drinking more Coke, Coke Zero, Dr Pepper and Canada Dry, Pepsi’s soda sales are struggling. ‘Diet Coke Break’“Dirty soda,” a popular TikTok trend that combines soda with syrup and cream, has also driven interest in soda brands among younger consumers interested in creating their own soda concoctions. TikTok has also recently become filled with “Dirty Diet Coke,” “Crispy Diet Coke” and “DietCokeBreak” recipe videos where people leave cans of Diet Coke in the fridge for weeks and then pour them into a glass, sometimes with citrus powder, to get the most fizziness. Singer Dua Lipa gave Coke its latest viral hit this month when she posted a video sharing her Diet Coke recipe, which combines Diet Coke, pickle juice and jalapeño sauce.

Persons: guzzling Coke, Dr Pepper, It’s, ”, Robert Ottenstein, “ There’s, Coke, Pepper, Justin Sullivan, ” Timothy Cofer, Duane Stanford, Noam Galai, Laura Schmidt, Pepper’s, Cofer, Angus Mordant, Singer Dua Lipa, Gordon Ramsay, ” Kristen Hollingshaus, “, Diet Coke, CNN’s Ramishah Maruf Organizations: New, New York CNN, Consumers, Heineken, ISI, Centers for Disease Control, Evercore ISI, World Health Organization, Bureau of Labor Statistics, Companies, Pepsi, Beverage Digest, New York, Wine, Food Festival, Stanford, University of California, PepsiCo Inc, Bloomberg, Getty, PepsiCo, Gatorade, Netflix, Dirty, Singer Dua, Coke, CNN, Diet Locations: New York, San Anselmo , California, America, Canada, Latham , New York, United States, TikTok

☆ A Swedish gummies craze is taking over the candy world
▼ + stars: | 2024-10-31 | by ( Natalie Bennett | Natalie Bennett Is A Segment Producer For Nbc News. | ) www.nbcnews.com time to read: +6 min

“Since everyone’s obsessed with Swedish candy in New York, let’s go to Bon Bon!” creator Beca Michie said, standing outside the pink awning of Bon Bon Swedish Candy. Welcome to the Swedish gummies craze that has swept the U.S. Bon BonThe platform is alive with videos of people displaying their colorful Swedish candy hauls. “This highly anticipated Swedish candy shop is finally open in the West Village,” creator Becca Schneider said about Lil Sweet Treat. Bon Bon, which opened in 2017, now has four locations that stay open until midnight, as well as a booming website. Courtesy Elly RossAside from TikTok, candy experts said there could be another reason gummies are having a moment -- increased cacao prices.

Persons: let’s, Bon, Beca Michie, Bon Bon, Becca Schneider, Lil Sweet Treat, Leo Schaltz, ” Schaltz, Schaltz, Bon Bon's, Selim Adira, Robert Persson, Bon Bon Schaltz, “, TikTok, ” Elly Ross, Elly Ross, they’re, haven’t, ”, Lil Sweet, Sweet Treat, ” Ross, Issy Victoriano, Ross, I’ve, David Branch, “ It’s Organizations: Brooklyn, Wells, Food Institute, Commodities Locations: Brooklyn , New York, Swedish, United States, New York, Bon, Bon Bon Swedish, West, U.S, Sweden, American, “, Germany, Spain

A bus was set on fire, shops were looted and fireworks thrown at police in scenes of lawlessness and "absolute chaos" in downtown LA following the Dodgers' historic World Series win over the New York Yankees on Wednesday night. A person loots items from a ransacked Nike store in Los Angeles after the Dodgers World Series win on Thursday morning. Fans celebrate the Dodgers win on the streets in Los Angeles on Wednesday night. The Los Angeles County Metropolitan Transportation Authority said in a statement: "Metro is disappointed and angered by the senseless act of vandalism on one of our buses following the Dodgers World Series Win earlier this evening. The Dodgers beat the New York Yankees 7-6 in Game 5 on Wednesday to win the World Series four games to one.

Persons: Ethan Swope, Taylor Rosa, It's, Rosa, Damian Dovarganes Organizations: Dodgers, New York Yankees, Broadway, LAPD, Nike, Police, MTA, Echo, Dodger, LA, NBC News, Los Angeles County Metropolitan Transportation Authority Locations: LA, Los Angeles, Los Angeles County

☆ Starbucks will add 'guardrails' to app in effort to streamline mobile ordering
▼ + stars: | 2024-10-31 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Starbucks wants to curb chaotic and complex mobile orders. CEO Brian Niccol announced that "common sense" guardrails will soon be put on app customizations. CEO Brian Niccol said the coffee chain will implement "common sense guardrails" on app orders in the coming months as part of the company's effort to separate the pick-up process from in-store orders. Mobile orders make up more than 30% of transactions at Starbucks stores, he said. Niccol said the company is also prioritizing a new sequencing algorithm that enables accurate pickup times for mobile orders to avoid overwhelming the cafés.

Persons: Brian Niccol, —, customizations, Niccol, Diana Frost, Kraft Heinz Organizations: Starbucks, Service, Mobile

☆ Starbucks' plan to return to its roots involves 200,000 Sharpies
▼ + stars: | 2024-10-31 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Some customers think the coffee chain has drifted too far from its core, according to Niccol. He's betting that more personal touches — including bringing back Sharpies to write customer names or messages on cups — will bring customers back to cafes. Starbucks CEO Brian Niccol said the coffee chain plans to buy roughly 200,000 Sharpie markers as part of his plan to take the coffee chain back to its roots. For decades, Starbucks positioned itself as a place to linger, but the company has lost that sheen over the years. Shares of Starbucks have risen roughly 1% this year, trailing the S&P 500's gains of 22%.

Persons: Sharpies, Brian Niccol, Niccol, we've, CNBC's, it's, — CNBC's Jacqueline Corba Organizations: Starbucks, Staples Locations: Manhattan , New York, U.S

☆ Miu Miu is hot right now — and Prada's chic sibling is helping it buck the luxury slowdown
▼ + stars: | 2024-10-31 | by ( Maria Noyen | ) www.businessinsider.com time to read: +3 min

This was largely due to the success of its sister brand, Miu Miu. AdvertisementPrada Group is defying the luxury slowdown thanks to its Miu Miu brand. Miu Miu products, like its micro skirt, have a cult following among Gen Z consumers. Related stories"Likewise, Miu Miu would probably not be experiencing this type of growth today if it hadn't been part of a larger group," Bonini added. In a note to clients on Wednesday, Bernstein analyst Luca Solca said that the brand's current trajectory "confirms our view that the market is underappreciating the growth that Miu Miu can generate in the next 12 to 18 months."

Persons: Miu Miu, —, Kering, Miuccia Prada, Emily Ratajkowski, Hunter Schafer, Hailey Bieber, Blanca Zugaza Escribano, execs, Andrea Guerra, Prada, Andrea Bonini, Miu, Bonini, Bernstein, Luca Solca Organizations: Prada, Service, Hermès Locations: China

☆ Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
▼ + stars: | 2024-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Commentary Cloud unit Amazon Web Services (AWS) revenue in the third quarter was essentially in line with the consensus forecast. Growth on a constant currency basis held steady from the second quarter at 19%, breaking a three-quarter streak of accelerating revenue growth. Quarterly results As for the rest of the company, Amazon delivered revenue beats across Online Stores (7% revenue growth), Subscription Services (11% revenue growth), and Advertising Services (19% revenue growth). Smaller businesses like Physical Stores (5% revenue growth) and Other (7% revenue growth) were better than expected too.

Persons: Andy Jassy, Jassy, it's, Kuiper, That's, Jim Cramer's, Jim Cramer, Jim, Nathan Stirk Organizations: Amazon, LSEG, Management, Walmart, Target, Microsoft, North America, International, Web Services, AWS, Subscription Services, Advertising Services, Seller Services, CNBC, Getty Locations: North, North America, United Kingdom, Germany, Sutton Coldfield, England

Pennsylvania Voters Worry About the Toxicity of PoliticsIn a tight presidential race, Pennsylvania, with its 19 electoral votes, will very likely decide the winner. That’s clear in Berks County, which lies about 60 miles northwest of Philadelphia where flourishing Democratic suburbs melt into conservative, rural Pennsylvania. But nearly all of them worried that the growing toxicity of national politics had endangered that sense of community. She said many people she knew remembered Mr. Trump’s name on the stimulus checks that were sent out in 2020. “They’re pushing division.” Scroll to play video Muted Winston Reyes Winston Reyes Adam Nissley Adam Nissley Sara Torres Sara Torres Winston Reyes Winston Reyes Adam Nissley Adam Nissley Ivan Shibley Ivan Shibley Ruth Martelli Ruth Martelli Winston Reyes Winston Reyes Sara Torres Sara Torres Ruth Martelli Ruth Martelli “I was a Democrat before, I voted Democrat.” “I was a Democrat before, I voted Democrat.” “I voted for Obama to start with.

☆ At 18, she dreamed about moving to Japan. When she turned 50, she quit her job and bought an abandoned home near Osaka.
▼ + stars: | 2024-10-31 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Chani Japan. Chani Japan. Chani Japan. Chani Japan. Chani Japan.

Persons: Chani, —, you've, I've, she'd, hadn't, Lawrence Covian, Eric McAskill Organizations: Service, Chani, Japan, YouTube, US Army, BI Locations: Australia, Japan, Brisbane, Chani Japan, Shikoku, Wakayama, Osaka, Europe, I'm, akiya, Iwakuni

☆ I shopped at Anthropologie and Target for fall decor. One store had a wider selection, but the other had more discounts.
▼ + stars: | 2024-10-31 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +2 min

I stopped by Target and Anthropologie a week before Halloween to shop their fall decor sections. I was surprised to find that both stores were already heavily pushing their winter holiday decor. Target had a bigger selection of fall home decor, but Anthropologie offered bigger discounts. AdvertisementThe end of Halloween doesn't have to mean the end of fall decor. AdvertisementHere's how the fall home decor at Target and Anthropologie compared in terms of style and value.

Persons: —, Anthropologie Organizations: Target, Service, Rocket Homes, National Retail Federation Locations: New York City, United

The number of E. coli cases linked to McDonald’s Quarter Pounders has risen to 90, the Centers for Disease Control and Prevention said Wednesday, up from 75 reported cases last Friday. The slivered onions used on the burgers are the “likely source” of the outbreak, the CDC said. The true number of cases linked to the Quarter Pounders is likely much higher than the 90 reported so far. Thirteen states have reported cases: Colorado, Iowa, Kansas, Michigan, Missouri, Nebraska, New Mexico, Montana, Oregon, Utah, Washington, Wisconsin and Wyoming. According to McDonald’s, 900 restaurants across 12 states received the onions from Taylor Farms.

Persons: McDonald’s, —, Taylor, it's, It’ll, Taco, Burger Organizations: Centers for Disease Control, Prevention, CDC, Colorado Agriculture Department, NBC News, Drug Administration, FDA, Taco Bell, Burger King, KFC Locations: Grand Junction , Colorado, Colorado , Iowa , Kansas , Michigan , Missouri , Nebraska, New Mexico , Montana , Oregon , Utah, Washington , Wisconsin, Wyoming, Colorado, Washington, Farms

☆ Starbucks will discontinue Oleato olive oil drinks at U.S. cafes
▼ + stars: | 2024-10-30 | by ( Amelia Lucas | ) www.nbcnews.com time to read: +2 min

Starbucks’ controversial line of olive oil-infused drinks will leave U.S. stores in early November. The lineup of Oleato drinks infused Partanna olive oil into Starbucks’ Caffe Latte, Iced Shaken Espresso and cold foam. Schultz imagined the Oleato line after a trip to Italy, where he saw Sicilians drinking olive oil as a daily ritual. He, too, began drinking olive oil alongside his daily coffee and decided that Starbucks should try to mix the two together. Cafes in China, Italy and Japan will continue to serve the Oleato drinks.

Persons: Brian Niccol, Howard Schultz, Schultz Organizations: Starbucks, Bloomberg, U.S . Locations: U.S, China, Italy, Southern California, Japan

☆ Designer bags are expensive. So some people are buying luxe hand soap instead.
▼ + stars: | 2024-10-30 | by ( Amanda Krause | ) www.businessinsider.com time to read: +6 min

Designer hand soaps from brands like Aesop and Diptyque have become gateways into luxury shopping. AdvertisementIt's been said that once you wash your hands with Aesop's Resurrection hand soap, you'll never turn back. Consumers began buying designer soap for their homes more widely in the late 2010s, and in 2018, the global market for bath soap was valued at $19.5 billion. A 2024 report by Expert Market Research said the global soap market could reach over $36 billion in revenue by 2032, and luxury soap products are partially to thank. AdvertisementSo yes, buying luxury soap might seem to some like you're washing money down the drain.

Persons: —, It's, you'll, You'll, cleanser, Maison Francis Kurkdjian's, it's, Emma, Dior doesn't, Mal Langsdon, Reuters Emma, Malin, Goetz, Ron Robinson, he's, Loewe's, Sommyyah Awan, Dave Benett, Jo Malone London's, I'm Organizations: Service, Dior, Reuters, Consumers, Market Research Locations: auburn, Baccarat, Montreal, Toronto, London

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