NYSportsJournalism.com
Mountain Dew has commissioned American menswear designer Mark McNairy to create a triple-double breasted suit to pay homage to NBA MVP Russell Westbrook's record-breaking season. The plan is for Westbrook to wear the one-of-a-kind suit, with the when and where to be determined at a later date. Mountain Dew also is releasing a limited-edition 12 oz. cans.
Drinks Business Review
Heineken has offered to sell some of its pubs after the UK's Competition and Markets Authority raised concerns about its acquisition of Punch Taverns. Earlier this month, the CMA stated that the Heineken's acquisition of Punch Taverns estate could reduce competition, especially in 33 local areas across the country. Heineken's proposal for the acquisition was accepted by Punch Taverns shareholders in February.
Crain's Detroit Business
Shinola/Detroit LLC Chief Marketing Officer Bridget Russo is leaving the Detroit-based luxury goods maker after a "whirlwind" five years taking the company from start-up status to a global brand. Russo, 44, said Thursday that she's leaving Shinola to take a professional break and possibly launch a new company in Detroit, which she had made her home since moving to town from New York City.
USA Today
One of Canada's most famous treats is coming to the U.S. for a day - even if many Americans have never heard of it. Tim Hortons will celebrate Canada's 150th birthday on Saturday by offering a poutine doughnut at five of its restaurants. A poutine doughnut is one the chain's Honey Dip Donuts topped with potato wedges, gravy and cheese curds. (Poutine is usually made minus the donut.)
NBC News
With no background in business, the actress is relying on her experience in front of the camera as she innovates. Her Fabletics line, launched in 2013, is a collection of bright patterns, fashion-forward designs, and high-quality fabrics. The new extension allows women of every size to enjoy a healthy, active lifestyle.
Associated Press
Millennials may be shunning some habits beloved by past generations, but one restaurant company CEO says they still want to go to sit-down chains like Olive Garden, according to research from Olive Garden's parent company Darden Restaurants. Thirty percent of the company's guests are Millennials versus 24% of the population.
Chain Store Age
Private equity firm Sycamore Partners has acquired Staples for $10.25 per share in cash. The deal is valued at about $6.9 billion. In May 2016, Staples abandoned its quest to acquire rival Office Depot for $6.3 billion amid antitrust concerns. Staples operates 1,255 stores in the United States, and 304 in Canada. The transaction, which is subject to customary closing conditions, is expected to close by December.
Refinery29
While fast-casual restaurant chains are now a dime a dozen, Panera was the first introduction to food that could be fast, but not look like fast food. And whether it's been years since you tasted a cinnamon chip bagel, or you just had a bread bowl last week, there is something about the entire experience that will always stay with us. To learn more, Refinery 29 spoke to two former Panera employees for the inside scoop.
Columbus Dispatch
As part of the company's programs in support of veterans, Our Farm Salutes is kicking off a contest to find veterans with winning business plans. Heroes to CEOs will offer three $25,000 grants and a mentoring session with Daymond John, the founder of Fubu and investor on the show Shark Tank. To enter, veterans need to have a business plan.
CBS News
ABC and a South Dakota meat producer have settled a $1.9 billion lawsuit brought against the American network over its reports on a lean, finely textured beef product that critics dubbed "pink slime." The terms of the settlement are confidential. Dakota Dunes-based Beef Products Inc. sued ABC in 2012, saying the coverage misled consumers.