Brand acquisitions
Starbucks says it is not currently considering a full sale of its China operations
People seen around the Starbucks coffee store in Shenzhen, China. Jakub Porzycki | Nurphoto | Getty Images U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained the information. Starbucks has held preliminary talks with more […]
Read More
‘I lost purpose’: At 27, he sold his company for $100 million — now, he says it’s changed his view on money
Jake Kassan, co-founder of MVMT Watches. Courtesy of Jake Kassan When Jake Kassan sold his company for $100 million at the age of 27, he thought the money would make him happy. Though it did temporarily, it eventually took away his sense of purpose and threw him into cycles of anxiety and depression, he said. […]
Read More
How Ozempic and Wegovy turned Novo Nordisk into a $400 billion company
Danish drugmaker Novo Nordisk has entered a new chapter in its 100-year history — thanks to its newfound success with two products: Ozempic and Wegovy. The drugs are once-weekly injectables of a medication called semaglutide, prescribed for Type 2 diabetes and weight loss. Their skyrocketing popularity has boosted Novo Nordisk to new heights. Novo Nordisk’s […]
Read More
How luxurious huge LVMH crafted a economic downturn-evidence empire
Luxury big LVMH Moët Hennessy Louis Vuitton, additional frequently recognised as LVMH, has grown into a $500 billion powerhouse conglomerate of 75 distinguished manufacturers, or “maisons,” rooted in 6 various sectors — with no options to gradual down. The organization recorded profits of 79.2 billion euros, or about $86.3 billion, very last yr, an improve […]
Read More