Edition:
United Kingdom

Nivedita Balu

Nike aims sneaker subscriber scheme at $10 billion U.S. kids market

12 Aug 2019

Nike Inc will launch a new subscription service for kids sneakers this week that seeks to woo parents with an offer of fewer nightmarish trips to the shoe store in exchange for a regular fee and consistent brand loyalty.

Ralph Lauren hints at weakness in North America business, shares fall

30 Jul 2019

Ralph Lauren Corp said on Tuesday it expects full-year sales in North America to be pressured by a tough retail environment and weakness in spending by foreign tourists, overshadowing upbeat quarterly earnings and sending its shares down about 4%.

McDonald's beats sales forecast on new deals, store revamp

26 Jul 2019

McDonald's Corp beat quarterly sales expectations at established U.S. restaurants on Friday, as the world's largest burger chain attracted more diners with upgraded stores and new promotions, such as the 2 for $5 Mix and Match deal.

Starbucks traffic surges, posts best sales growth in three years

25 Jul 2019

Starbucks Corp attracted more customers in the latest quarter on an expanded line up of beverages and food offerings in the United States and China, leading the coffee chain to raise its fiscal 2019 profit forecast.

Allergan recalls textured breast implants worldwide

24 Jul 2019

Allergan Plc said on Wednesday it was recalling its Biocell textured breast implants and tissue expanders across markets, citing concerns over a rare form of cancer, after the U.S. health agency asked the drugmaker to pull the products.

Coca-Cola's coffee and zero sugar soda mix lifts 2019 goals, shares

23 Jul 2019

Coca-Cola Co beat second-quarter earnings expectations and raised its organic revenue forecast for the full year thanks to higher sales of its zero-sugar sodas, soft drinks with new flavours and ready-to-drink coffees. | Video

PepsiCo's mini-sized sodas boost quarterly results

09 Jul 2019

PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips. | Video

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