In the fall of 2015, after all his grapes had been grown, picked, and bled into big oak barrels, Mark Tarlov started doing math. Like any good vintner, he tallied his costs - for labor, equipment, even packaging - and broke it all down by the bottle. Finally, he calculated a price, with a 45 percent profit margin, and set about building a website he'd use to sell it.
As you slipped into heels or a tux to toast the New Year, you probably weren't thinking about the fact that the leather in your shoes polluted drinking water in Indian villages, or that merino sheep were made miserable for your suit - and François-Henri Pinault doesn't want you to have to. This year, the 54-year-old Frenchman is toasting the results in his 2016 sustainability report.
What did retailers want for Christmas? Apparently, new Chief Financial Officers. Neiman Marcus Group Inc. is on the hunt for a new CFO. So are Kohl's Corp., Coach Inc. and Nordstrom Inc. Whole Foods Market Inc.'s CFO of 29 years - and the longest-serving female CFO in the Fortune 500 - will be leaving in 2017.
Asos Plc, Britain's largest online-only fashion retailer, plans to double its U.K. manufacturing as the pound's post-Brexit plunge makes domestic production more affordable.
On the surface, the European airline industry doesn't look much changed from 20 years ago: National flag carriers such as Air France, British Airways, Iberia, KLM and Lufthansa dominate a handful of giant hub airports. Dig a bit deeper, and you'll see that the market has shifted in a big way. Over the past decade or so, 10 legacy airlines across the region have combined into three huge groups, a consolidation that makes the market look a lot like the U.S.
The heads of Bank of America Corp., American Electric Power Co., Coca-Cola Co. and 24 more large global companies have pledged to boost the number of women in their top ranks to parity with men by 2030.
The factory to the world has a new export: inflation. And it's shipping faster than many thought possible just a few months ago. China's weakening yuan, stimulus designed to ensure robust growth ahead of a crucial Communist Party Congress next year, and rebounding commodity prices are pushing up factory prices.
China's investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports.China's investment is transforming its smaller Southeast Asian neighbors like never before while helping turn Cambodia, Laos and Myanmar into bigger destinations for its exports.
Mondelez International Inc., trying to adapt as more shoppers buy food outside of traditional grocery stores, is diving deeper into online retail with a holiday-season website that is selling tins of Oreos directly to consumers.