• Tupperware Sees Growth In Emerging Markets, Beauty Products
    Tupperware parties can be found in about 100 countries today and the U.S. market now accounts for just 14% of Tupperware Brands' sales, Kelly Nolan reports. It also sells beauty products via eight brands, which enjoy wide distribution in countries such as Mexico, South Africa and Uruguay and account for about a third of the company's total sales. "We're not your June Cleaver, 'Leave It To Beaver' kind of company anymore," says CEO Rick Goings, who expects that as much as 70% of sales will be in emerging markets in the near future. In markets like …
  • Colbert Saves U.S. Speedskating From Falling Through The Cracks
    Nearly 10,000 viewers of Comedy Central's "The Colbert Report" have contributed more than $300,000 to sponsor the U.S. Speedskating team in the Winter Olympics, exceeding the money it would have gotten this year from its former backer, Dutch Bank DSB, which went bankrupt. The sponsorship has had its challenges, however, reports Howard Berkes, although they are of the type that seem to generate even more publicity. Stephen Colbert initially wanted his face to appear on the thighs of the skaters but, given the variables of anatomy and skin-tight material, "he'd have cheeks stretched wide like Silly …
  • Target Offers Fit Plus Events; Dabbles In Bulk Sales
    Target is setting up Nintendo Wii exercise kiosks outside store entrances and parking lots in nine locations on weekends from Jan. 16 to 31 to drive interest in the newest version of the game, Wii Fit Plus. Elaine Wong reports that Target sees the Fit Plus Experience events as a way to get consumers make a discretionary purchase while meeting their New Year's fitness goals. Each location has eight kiosks. Nintendo says the goal is to give participants some "feet-on time" equivalent to that of a "yoga studio." Target is giving out $15 gift cards to induce …
  • Kraft, Cadbury Would Control 15% Of Confectionery Market
    When all was said and done -- after all the Sturm und Drang of hallowed British brands being tainted by crass American fake-cheese marketers -- all it took is what it usually does: the right amount of cash and stock. All told, more than $19 billion worth. The Kraft acquisition of Cadbury seals the legacy of dealmaker Bruce Wasserstein, who advised Kraft CEO Irene Rosenfeld as CEO of Lazard before he passed away a month after the initial bid in September, Brett Foley, Jacqueline Simmons and Zachary R. Mider report in Bloomberg. The combined company will have …
  • Japan Airlines Files For Bankruptcy
  • Apple Event Set For Jan. 27: Will Tablet Be Announced?
  • Starbucks Raises Prices Of Complex Drink Orders
  • Cadbury Confirms Surrender To Foreign Takeover
    Kraft's winning bid: $19.7 billion.
  • Taco Bell Founder Glen W. Bell Jr. Dies At 86
    Glen Bell, the founder of Taco Bell and spinner of business homilies such as "find the right product, then find a way to mass-produce it," died Sunday at his home in Rancho Santa Fe at 86, Myrna Oliver reports. "We changed the eating habits of an entire nation," Bell says in his 1999 biography, Taco Titan: The Glen Bell Story. Indeed. He opened a couple of hamburger stands in San Bernadino, Calif., following World II, differentiating himself from his neighbors, Mac and Dick McDonald, by developing a 19-cent taco. A number of taco ventures -- …
  • The North Face Doesn't Like Being The Butt Of A Parody
    Jimmy Winkelmann, an 18-year-old University of Missouri freshman, says that a lot of his customers are members of the "anti-logo movement." Why else, one wonders, would they be wandering around in outerwear that carry a logo that proclaims "The South Butt." Not everyone appreciates being the tail end of a joke, of course, as Adam Allington reports. North Face, for instance, thinks Winkelmann's jab at lemming-like youth culture is downright subversive. It has filed a suit claiming that The South Butt logo is similar to The North Face logo and is misleading. Winkelmann's attorney responds …
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