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Consumer Products

All articles tagged with #consumer products

Disney Shifts Consumer Products to Studios as Streaming Profits Grow
business20 days ago

Disney Shifts Consumer Products to Studios as Streaming Profits Grow

Disney posted a strong June quarter with streaming revenue and profits rising, and CEO Josh D’Amaro announced a strategic shift moving most consumer-products revenue from Disney Experiences to Disney Entertainment’s studios starting fiscal 2027; Toy Story 5 boosted both box office and streaming engagement, ESPN performed well, and AI initiatives were outlined for the parks alongside a TikTok deal to create Shorts tied to Marvel, Pixar, Star Wars and other properties. Net income was $2.63B on $25.2B in revenue, with total segment operating income up 21% to $5.6B and plans for continued cost cuts and higher share buybacks.

via Variety|
#business#consumer-products#disney
From Kitchen Table to a $2B Brand: Poppi Founders’ Next Chapter
business3 months ago

From Kitchen Table to a $2B Brand: Poppi Founders’ Next Chapter

Allison and Stephen Ellsworth turned a home-made remedy into Poppi, grew it to over $500M in annual sales, and sold it to PepsiCo for about $1.95B. Bootstrapping with credit cards, loans, and a Shark Tank investment helped scale and rebrand, while COVID forced a $25M capital raise; now they manage their windfall by prioritizing family and experiences and are planning a new venture while mentoring other entrepreneurs.

via Business Insider|
#acquisition#business#consumer-products
The menopause product boom meets medical skepticism
health4 months ago

The menopause product boom meets medical skepticism

A surge of menopause-focused products—ranging from skincare and dietary supplements to gadgets and wearable prompts—has flooded markets and social media. Doctors warn that many claims aren’t scientifically proven and advise patients to discuss evidence-based options with their clinicians, such as hormone therapy (when appropriate), nonhormonal medications, and lifestyle measures like regular exercise and a healthy diet. Dermatologists also stress sensible skincare and sun protection, noting that some beauty claims (e.g., ingestible collagen) lack solid science.

via CNN|
#advertising#consumer-products#health
Weber Pulls 3.2 Million Grilling Brushes Over Bristle Ingestion Hazard
business6 months ago

Weber Pulls 3.2 Million Grilling Brushes Over Bristle Ingestion Hazard

Weber is recalling about 3.2 million metal wire bristle grill brushes (models 6277, 6278, 6463, 6464, 6493, 6494) sold 2011–2026 due to small bristles detaching and posing an ingestion and internal-injury risk. The company offers a replacement nylon-bristle brush; consumers should stop using and discard the recalled brushes. Brushes were sold at Lowe’s, Home Depot, Ace Hardware, Target, Amazon, and Weber.com; manufactured in China and Cambodia; recall number 26-282; at least 38 reports including 4 swallowed bristles.

via CPSC.gov|
#business#consumer-products#grill-brushes
Experts Warn of Health Risks from Hidden Chemicals in Perfumes
health1 year ago

Experts Warn of Health Risks from Hidden Chemicals in Perfumes

Scientists warn about the health risks of phthalates, chemicals used in perfumes and other self-care products to prolong scent. Phthalates are known endocrine disruptors linked to developmental issues in children and cardiovascular disease in adults. Despite being banned in children's toys, they remain prevalent in many consumer products. Experts recommend avoiding added fragrances and opting for phthalate-free alternatives to reduce exposure. While some argue the data on human harm is insufficient, animal studies suggest significant risks, prompting calls for more cautious consumer choices.

via Futurism|
#consumer-products#endocrine-disruptors#health
business2 years ago

PayPal Unveils AI-Driven Ad Platform, Taps New Leadership

PayPal has announced new leadership appointments to spearhead the development of a new advertising platform and enhance its consumer product offerings. Mark Grether, formerly of Uber, will lead PayPal Ads, while John Anderson, previously with Plaid, will oversee the consumer business, including PayPal and Venmo. These changes aim to leverage PayPal's extensive consumer and merchant relationships to create a personalized advertising platform and drive consumer engagement and innovation.

via PayPal Newsroom|
#advertising#business#consumer-products
"Rising Health Risks: The Link Between Synthetic Chemicals and Cancer in Consumer Products"
health2 years ago

"Rising Health Risks: The Link Between Synthetic Chemicals and Cancer in Consumer Products"

A new study has found that flame retardants, specifically polybrominated diphenyl ethers (PBDEs), commonly used in consumer products in the United States, are linked to an increased risk of dying from cancer. These chemicals, known as endocrine disruptors, have been associated with various health issues and are found in a wide range of products, from furniture to electronics. Despite efforts to remove some PBDEs from the market, exposure continues to be a concern, and measures to minimize exposure, such as checking product labels and using protective fabric, are recommended.

via KCRA Sacramento|
#cancer#consumer-products#flame-retardants
"Nestlé USA Recalls Over 440,000 Starbucks Metallic Mugs Due to Safety Hazards"
consumer-safety2 years ago

"Nestlé USA Recalls Over 440,000 Starbucks Metallic Mugs Due to Safety Hazards"

Nestlé USA has issued a recall for metallic mugs sold with Starbucks-branded gift sets due to burn and laceration hazards. The U.S. Consumer Product Safety Commission (CPSC) is overseeing the recall to protect consumers from unreasonable risk of injury, in line with federal law. Consumers are advised to stop using the mugs and can find more information on CPSC's website or contact the CPSC Hotline for assistance.

via Consumer Product Safety Commission|
#consumer-products#consumer-safety#cpsc
Unilever to Exit Ice Cream Business, Spinning Off Ben & Jerry's and Cutting 7500 Jobs
business2 years ago

Unilever to Exit Ice Cream Business, Spinning Off Ben & Jerry's and Cutting 7500 Jobs

Unilever plans to spin off its ice cream businesses, including Ben & Jerry's, citing a focus on "superior brands with strong positions in highly attractive categories." The decision comes after activist investor Nelson Peltz joined Unilever's board in 2022, pushing for changes. The spinoff is expected to be completed by the end of 2025 and will result in a reduction of about 7,500 office-based jobs. Unilever's profit margin on ice cream is less than half of what it makes from personal care products, and the separation will allow the company to focus on boosting revenue in other divisions.

via CBS News|
#ben-and-jerrys#business#consumer-products
"Study Reveals Cancer-Causing Benzene in Popular Acne Treatments"
health2 years ago

"Study Reveals Cancer-Causing Benzene in Popular Acne Treatments"

A testing laboratory found high levels of benzene, a carcinogenic chemical, in acne creams such as Clinique, Proactiv, and Clearasil, with amounts up to 12 times the permitted limit by the FDA. The lab also detected benzene in other products like PanOxyl and Walgreens' acne soap bar. This poses potential health risks, as benzene was found not only in the products but also in the air around them, indicating a potential inhalation risk. The FDA has not yet responded to the petition filed by the testing laboratory.

via New York Post |
#acne-creams#benzene#carcinogen