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American Brands

All articles tagged with #american brands

Ferrero’s US Brand Takeover Pushes Revenue Toward $3B
business12 days ago

Ferrero’s US Brand Takeover Pushes Revenue Toward $3B

Ferrero has quietly built a US powerhouse by buying familiar brands like Fannie May, Butterfinger, Baby Ruth, Keebler, Famous Amos, and WK Kellogg’s cereals, and investing heavily in US manufacturing and R&D. This expansion has lifted US revenue from about $600 million in 2017 to roughly $3 billion, helped by new facilities and a growing North American workforce of more than 5,000 people, signaling Ferrero’s shift from a European sweets company to a major American food player.

"Paris Men's Fashion Week: Bold Styles and Classic Cuts"
fashion2 years ago

"Paris Men's Fashion Week: Bold Styles and Classic Cuts"

The Fall-Winter 2024 menswear shows in Paris featured the return of Balmain Homme, Givenchy's new collection, and the runway debut of 032c. Footwear took center stage with a high fashion upgrade of Timberland's iconic yellow boots at Louis Vuitton and Wales Bonner, while Dior Homme showcased ballet-inspired flats. The collections celebrated the new face of Americana, reinterpreted American prep, and reimagined the stereotypical American Western wardrobe. Additionally, designers offered ways for men to leave sneakers behind with more formal footwear options.

"Updated List of EV Models Eligible for Tax Credits Announced by U.S. Treasury"
business3 years ago

"Updated List of EV Models Eligible for Tax Credits Announced by U.S. Treasury"

The US Treasury Department has limited the list of electric vehicles eligible for a $7,500 consumer tax credit to American-built cars made with battery components from the US or its trading partners. Only 10 electric and plug-in hybrid vehicles qualify for the full tax credit, including Tesla's Model Y and Model 3 and the Chevrolet Bolt. The move is part of the Biden administration's efforts to promote EV adoption and build a domestic supply chain. The winners are American brands like Tesla, GM, and Ford, while foreign brands like Hyundai, Kia, Nissan, and Volkswagen are the losers.