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- Tesco loses Lidl legal battle over Clubcard logoThe supermarket giant has to change its yellow circle logo after a ruling it infringed Lidl's trademark. ..... Read More.20 mins ago
- Unilever to Spin Off Ben & Jerry’s and Cut 7,500 JobsThe consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation. ..... Read More.27 mins ago
- Unilever to cut 7,500 jobs, spin off ice cream unitUnilever announced Tuesday it is laying off thousands of workers worldwide and plans to spin off its ice cream unit to become a "more focused company." Unilever, the maker of more than 400 brands, said that it will cut 7,500 predominantly office-based roles in an effort to drive "growth through a leaner and more accountable organization, enabled by investment in technology."The move is part of the company's recently announced comprehensive productivity program, which was initiated after the company "identified additional efficiencies that can now be accelerated."LAYOFFS SURGED IN FEBRUARY TO HIGHEST LEVEL SINCE 2009Unilever said its board believes it should focus more attention on "superior brands with strong positions in highly attractive categories that have complementary operating models" and that ice cream has a very different operating model. The company has been in the ice cream business since 1922, when it bought Wall's. Ice cream brands in its current portfolio include… ..... Read More.28 mins ago
- HMRC will close tax helpline for half the yearTaxpayers seeking help with self-assessment will need to use online services from 8 April to 30 September. ..... Read More.33 mins ago
- Investors Shrug off Nvidia’s ‘A.I. Woodstock’The chipmaker unveiled a new high-speed processor at its developer conference to power an “industrial revolution,” but its sky-high valuation is coming under scrutiny. ..... Read More.1 hour ago
- March Madness: Nike, Jordan top Under Armour and Adidas in NCAA tournament fieldMarch Madness has arrived, and the NCAA Men's Division I basketball tournament is set to begin this week with the First Four games on Tuesday and Wednesday ahead of the Round of 64 games on Thursday and Friday.While college athletes will be competing on the hardwood, apparel brands that sponsor their teams are competing for exposure and hoping the teams they are backing make deep runs in the tournament.Four athletic brands will have teams they sponsor in this year's NCAA tournament field: Nike, Jordan (which is a brand within Nike), Adidas and Under Armour. Of the 68 teams in the 2024 tournament field, Nike sponsors 36 while another six wear Jordan, with Under Armour 16 and Adidas sponsoring 10.Here is a look at which apparel brands are sponsoring the teams that will determine whether your bracket is busted this year.2024 NCAA MEN'S BASKETBALL TOURNAMENT SELECTIONS REVEALEDOregon-headquartered Nike leads the way… ..... Read More.1 hour ago