By Bloomberg Published September 24, 2024 China said it will investigate US apparel maker PVH Corp. for suspected boycotting of cotton sourced from its Xinjiang region, a probe that could lead to punishment for the parent company of Tommy Hilfiger and Calvin Klein. The Ministry of Commerce asked PVH to submit a written response in [...]read moreChina probes Calvin Klein parent over suspected Xinjiang boycott
This post was originally published by Parenting Translator. Sign up for the newsletter and follow Parenting Translator on Instagram. Most days being a parent can feel like the most thankless job in the world. You are working tirelessly and pouring our heart and soul into giving your children everything, yet it is rare to even get a “thanks,” much less [...]read moreDoes Hearing ‘Thank You’ Make a Difference for Parent Well-being?
In April 2017, I made a commitment to be a stay-at-home parent for the first five years of my son’s life. When my daughter was born in December 2019, I made the same commitment for the sake of equality. Research shows that the first five years are the most crucial for a child’s development. Supposedly, [...]read moreCareful Giving Up Your Career To Be A Stay-At-Home Parent- Financial Samurai
By Reuters Published Aug 7, 2024 VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending its shares up 5% in extended trading. Reuters Sales in its Greater China business were up 4% on a constant currency basis, as the [...]read moreVans parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand
TikTok could soon have its own, in-stream text-to-video creation tool, with parent company ByteDance launching a new app called “Jimeng AI” in China, which enables users to create short videos via AI, based on written prompts. As you can see in this example, taken from the Jimeng AI website, the platform enables users to create [...]read moreTikTok’s Parent Company Has a New Text-to-Video Generation Tool
RG Barry Brands (RGB), owner of Dearfoams, announced on Wednesday it has been acquired by Marubeni Growth Capital US (MGCU), a consumer-focused growth equity investment platform and a wholly-owned subsidiary of Marubeni Corporation. Dearfoams Terms of the deal were not disclosed. The deal marks “a significant milestone for RGB, positioning the company for accelerated organic and inorganic growth,” [...]read moreDearfoams parent RG Barry Brands acquired by Marubeni Growth Capital US
The parent company of top 10 reverse mortgage lender Liberty Reverse Mortgage has completed its shareholder-approved rebranding initiative, transforming the former Ocwen Financial Corp. into The Onity Group. The initiative has also transitioned the company’s New York Stock Exchange (NYSE) ticker symbol to “ONIT” as of the market opening on Monday. “Today marks the start [...]read moreLiberty Reverse parent completes rebrand to Onity Group
Ocwen Financial Corp, the parent company of PHH Mortgage Corp. and its reverse mortgage subsidiary Liberty Reverse Mortgage, announced on Tuesday that its shareholders have approved the company’s planned rebranding initiative to Onity Group. The initial phase of the rebranding will first go into effect for the parent company on June 10 and will roll [...]read moreLiberty Reverse parent receives shareholder approval for rebranding
Swiss sports and lifestyle firm Arklyz AG announced on Wednesday the completion of its acquisition of Lloyd Shoes GmbH, a German premium footwear brand. Lloyd Shoes Financial terms of the deal, which was first announced in January, were not disclosed. The owner of The Athlete’s Food brand, among others, said the acquisition of Lloyd Shoes [...]read moreLloyd Shoes acquired by Athlete’s Foot parent Arklyz
JPMorgan Chase Bank has agreed to buy about $5 billion in mortgage warehouse loans from NYCB. Flagstar will continue retail and wholesale mortgage lending and servicing operations. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will [...]read moreFlagstar exiting warehouse mortgage business to bolster parent NYCB