Balenciaga Seeks Damages From Company That Made Controversial Ad

Balenciaga Seeks Damages From Company That Made Controversial Ad

Kering SA’s Balenciaga is seeking at least $25 million in damages from the production company behind an ad campaign that has made the luxury fashion house the target of fierce criticism at the start of the holiday shopping season. .

Amazon Plans to Invest $1 Billion a Year in Movies for Theaters

Amazon Plans to Invest  Billion a Year in Movies for Theaters

Customers watch a film at a movie theater in Rio de Janeiro, Brazil, on Saturday, Sept. 18, 2021. Rio de Janeiro is requiring proof of vaccination in order to enter public events, tourist points, movie theaters, sports stadiums, and other entertainment activities, as the country sees more than 21 million Covid-19 cases. Photographer: Andre Borges/Bloomberg … Read more

US Shoppers Kick Off the Holiday Season With a Muted Black Friday

US Shoppers Kick Off the Holiday Season With a Muted Black Friday

Shoppers at Saks Fifth Avenue department store on Black Friday in New York, US, on Friday, Nov. 25, 2022. US retailers are bracing for a slower-than-normal Black Friday as high inflation and sagging consumer sentiment erode Americans’ demand for material goods. .

MrBeast Is Writing a New Consumer Playbook

MrBeast Is Writing a New Consumer Playbook

EAST RUTHERFORD, NEW JERSEY – SEPTEMBER 04: Tens of thousands of fans attend as Global YouTube star MrBeast launches the first physical MrBeast Burger Restaurant at American Dream on September 4, 2022 in East Rutherford, New Jersey. (Photo by Dave Kotinsky/Getty Images for MrBeast Burger) .

Cristiano Ronaldo Hits 500 Million Instagram Followers After Louis Vuitton Ad

Cristiano Ronaldo Hits 500 Million Instagram Followers After Louis Vuitton Ad

MANCHESTER, ENGLAND – OCTOBER 27: Cristiano Ronaldo of Manchester United celebrates after scoring their team’s third goal during the UEFA Europa League group E match between Manchester United and Sheriff Tiraspol at Old Trafford on October 27, 2022 in Manchester, England. (Photo by Naomi Baker/Getty Images) Photographer: Naomi Baker/Getty Images .

The Top 10 November Art Sales Total an Unprecedented $958 Million

The Top 10 November Art Sales Total an Unprecedented 8 Million

(Bloomberg) — The good news first: People are still buying art. The slightly less good news to emerge from this week’s mega New York auctions: Fewer people seem to want that art than in years past. “I think bidding has been very spotty,” says the art adviser Jacob King, speaking after Sotheby’s back-to-back contemporary evening … Read more

Amazon Devices Chief Says Layoffs Have Begun: ‘It Pains Me’

Amazon Devices Chief Says Layoffs Have Begun: ‘It Pains Me’

The Amazon Lab126, a research and development company owned by Amazon.com, headquarters in Sunnyvale, California, US, on Wednesday, April 21, 2021. Silicon Valley has the lowest office vacancy rate in the US, even as technology companies embrace remote work . Photographer: David Paul Morris/Bloomberg .

Jeff Bezos Plans to Give Most of His Fortune to Charity

Jeff Bezos Plans to Give Most of His Fortune to Charity

Bezos, 58, has focused more attention on his philanthropy in recent years while also assuming a much larger public role, acquiring the Washington Post newspaper in 2013 as well as luxury homes in New York, Los Angeles and Hawaii. A $500 million yacht he commissioned is under construction in the Netherlands, and he’s among those … Read more