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Apple Retains Most Valuable Brand Title in 2022; Amazon, Google, Microsoft Amongst Top 10 Brands: Report

Apple has retained the title of the world's most valuable brand in 2022, with a valuation of a whopping $355.1 billion (roughly Rs. 26,72,600 crore), according to a report. The valuation of the Cupertino company increased 35 percent — thanks to the growth of its recognition in the market. Following Apple, Amazon and Google have been named among the top-three most valuable brands in the year. TikTok, on the other hand, has emerged as the world's fastest-growing brand, with its valuation increasing 215 percent in 2022.Brand…

PepsiCo Revenue Rises as Higher Prices, Snack Brands Lift Business

Consumers are continuing to buy treats like soda and chips at rising prices, even as their pocketbooks get more squeezed by inflation. PepsiCo Inc. PEP 0.16% reported a 5.2% increase in revenue in the latest quarter from a year earlier, as prices on average rose 12% and the company benefited from strong sales of its snacks and packaged foods. “Unlike things like cars and houses and durable goods like washing machines, we’re just sort of an affordable treat, even when…

Some Brands Voice Support for Abortion Access as Others Stay Quiet

Many are speaking up after remaining silent when a leaked draft of the Supreme Court opinion in May suggested that such a decision was coming. Two-year-old skin-care brand Kinship Inc. used Instagram on June 24—the day the ruling was announced—to quote from three justices’ dissent. It added, “America, we grieve with you in this moment.” Apparel brand J.Crew weighed in the next day, writing on Instagram that the court’s decision “puts the health, independence and economic stability of all of us at risk.”…

$8,879,000 Worth of Obscenely Expensive Mechanical Watches

Designed for the pocket instead of the wrist, the Caliber 89 debuted in 1989, after nine years of development, to help celebrate the 50th anniversary of watchmaker Patek Philippe. Just four were ever manufactured, each made from a different precious metal (yellow gold, white gold, rose gold, and platinum) but the limited availability was also due to the complexity of the timepiece. The Caliber 89 weighed in at 2.5 pounds and featured 1,728 components that included 24 moving hands, a thermometer, and even a star chart.…

Enzymes Could Help Brands Like Patagonia and Puma Hit Plastic-Recycling Targets

Four sportswear brands are teaming up to help recycling technology get to market more quickly as the clothing industry comes under pressure to reduce waste. French startup Carbios SA said Wednesday it signed a two-year agreement with Patagonia Inc., Puma SE, On Holding AG and Salomon SAS to hasten the commercialization of its biorecycling technology, which uses enzymes to break down polyester for reuse in new products. The... Four sportswear brands are teaming up to help recycling technology get to…

Yum Brands says it is close to selling its Russian KFC business

A woman walks near closed KFC and McDonald's restaurants that suspended their business in Russia due to the military invasion of Ukraine, April 16, 2022, in Moscow, Russia.Konstantin Zavrazhin | Getty ImagesYum Brands is close to selling its Russian KFC business as part of its plan to exit the country's market, the company announced Tuesday.The company said it plans to fully exit Russia once the KFC transaction is complete. Since March, Yum said it has been redirecting any profits from its Russian operations to…

Walgreens, Constellation Brands, RH and others

Check out the companies making headlines before the bell:Walgreens (WBA) – The drug store operator earned an adjusted 96 cents per share for its latest quarter, 4 cents above estimates, with revenue also beating analyst forecasts. Walgreens also reaffirmed its full-year guidance, forecasting low-single-digit adjusted earnings growth. The stock fell 2.7% in premarket action.Constellation Brands (STZ) – The spirits producer beat estimates by 14 cents with adjusted quarterly earnings of $2.66 per share, and revenue that was…

Israel-based Konnecto, which helps brands improve their marketing efforts by analyzing consumers' online purchasing data, has raised a…

Oshry Alkeslasi / Geektime: Israel-based Konnecto, which helps brands improve their marketing efforts by analyzing consumers' online purchasing data, has raised a $21M Series A — The startup Konnecto has developed a system that will help marketing teams understand exactly what they need to do, rather than making them guess Oshry Alkeslasi / Geektime: Israel-based Konnecto, which helps brands improve their marketing efforts by analyzing consumers' online purchasing data, has raised a $21M Series…

Best Blender: Jug and Immersion Blenders from Top Brands

A good blender is one of the most important kitchen countertop appliances you can own. It’s also the secret weapon in preparing food and drinks – like sauces, dips, soups, smoothies and cocktails – from scratch. But which blender is right for you depends on what you’re most likely to use it for. Some blenders are best for crushing ice, making smoothies and cocktails. Others can be used to turn cashews into butter and turn fibrous leaves like kale into smooth sauces, dressings and dips. There are also different…