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P&G languishes as new rivals hurt momentum

Bloomberg Procter & Gamble Co. (P&G) is still the king of diapers and shampoo, but an onslaught of new competition and tighter ordering from traditional retailers is tarnishing the consumer-goods giant’s crown. Investors were lukewarm to the company’s fourth-quarter results, leaving the shares little changed after sluggish organic sales growth. In addition to the new rival products — which range ...

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Burberry changes logo for first time in two decades

Bloomberg Burberry has changed its logo for the first time in 20 years, revealing the new look via an Instagram post. The British heritage brand’s new logo says “Burberry London England” in stark capital letters, replacing the softer, rounder font the company previously used. Riccardo Tisci, the star designer Burberry hired this year to revamp its brand image, posted screen ...

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Walmart’s zeal for green power meets a coal-loving president

Bloomberg The plan laid out by Walmart Inc. was bold and startling: One of the biggest private electricity users in the US promised to get half its power from solar and wind by 2025. If successful, Walmart would leap over Google to become the world’s top green-energy buyer. That was November 4, 2016. Days later, Donald Trump was elected president, ...

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