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As counterintuitive as it might seem, being trendy can be a curse for a clothing brand. Abercrombie & Fitch for years was a trendy tastemaker that told customers what was cool, not the other way around, and it worked. Until it didn’t. A decade ago, the ‘it’ brand of the 2000s and early 2010s crashed. … Read more
Stellantis NV is planning to invest about $10 billion in the US as the troubled maker of Jeep sport utility vehicles and Ram pickups refocuses on the market that’s pivotal to its profits, according to people familiar with the situation. The carmaker may announce in the coming weeks about $5 billion in fresh money on … Read more
Shares of H&M jumped on Thursday after the high street retailer posted better-than-expected results in the fiscal third quarter, and its turnaround strategy showed signs of gaining pace. Shares were up 10% by 8:48 a.m. London time (3:20 a.m. ET). Operating profit at the fashion retailer rose 40% year-on-year to 4.9 billion Swedish krona ($522 million), … Read more
The world’s biggest coffee chain just completed its first trip around the sun under CEO Brian Niccol, the former Chipotle chief executive who got a ~$100 million pay package to join Starbucks one year ago this week. Since pivoting from black and pinto beans to roasted and ground ones, Niccol has been trying to reverse Starbucks’s falling … Read more
Good morning. Kohl’s is gaining momentum in its turnaround after a period of CEO turnover, while longtime finance chief Jill Timm has been a mainstay. The retailer reported on Wednesday Q2 2025 adjusted earnings per share (EPS) of $0.56, beating the $0.30 estimate, driven by cost controls and margin improvements, and sending shares up over … Read more
When Damola Adamolekun, 36, accepted the CEO role at Red Lobster, the nation’s largest casual dining seafood chain was in bankruptcy and weighed down by years of operational missteps. On paper, it was the kind of job most executives might politely decline: high risk, thin margin for error, and limited time to stabilize. For Adamolekun, … Read more
As an aeronautics grad student at MIT in the 2010s, Brian Yutko was obsessed. He’d work deep into the night mining “black box” data and destination codes buried in antiquated computer languages like Fortran for obscure flight stats. He wowed his thesis advisor with his work on fuel efficiency. Among Yutko’s findings: Airlines could reduce … Read more
Good morning. Turning around a company is no small feat—it requires a sustained, collective effort. The Boeing Company is one to watch, as it appears to be making progress after years of safety and leadership issues. CFO Brian West concluded his final earnings call on Tuesday, reporting strong Q2 results: revenue rose 35% year over … Read more
Good morning. Kelly Dilts turned heads by steering Dollar General through massive operational shifts and soaring stock gains—now she’s set to bring her playbook from deep discounts to the deep pockets of the luxury world of Nordstrom. Dilts resigned from her role of EVP and CFO at Dollar General (No. 112 on the Fortune 500) … Read more
Starbucks is sweetening the pot for executives to expedite the company’s turnaround efforts, even as workers protest the company’s wages for baristas. The coffee chain will give its executives up to $6 million in stock grants should they expeditiously deliver on cost-saving goals, according to documents filed Wednesday. The entirely performance-based incentive is in an … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4