Wayfair finally turns a profit thanks to COVID-19 spending surge – Fortune

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Written by Phil Wahba

Wayfair defied the cynics on Wednesday by finally reporting a profit after years of losses, bolstered by a surge in shopping from homebound consumers—but analysts warn the growth might be unsustainable.

The online home furnishings retailer …

By Jessica Yap-Chung
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Linda Rendle Promoted to Clorox CEO; Benno Dorer to Continue as Chair of the Board – The Clorox Company

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Sourced from The Clorox Company

OAKLAND, Calif., Aug. 3, 2020 /PRNewswire/ — The board of directors of The Clorox Company (NYSE: CLX) today announced that, effective Sept. 14, 2020, Linda Rendle, a 17-year veteran of the company, will be promoted to …

By Jessica Yap-Chung
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Clorox, Amazon most trusted brands – LinkedIn

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Written by Jake Perez

Which brands have earned your trust during the pandemic? Axios and The Harris Poll asked 34,000 Americans and found that some well-known brands are deepening their connections with consumers during the pandemic. In fact, 72% of …

By Jessica Yap-Chung
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Change is afoot at Nike – LinkedIn

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Written by Kelli Nguyen

Nike has named a new head of diversity, adding a Black woman to its leadership ranks as companies scramble to address inequalities and racial divisions within their organizations. Former Tesla diversity chief Felicia Mayo, who joined …

By Jessica Yap-Chung
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‘Resilient’ Unilever plans to invest ‘heavily’ in marketing as lockdown eases – The Drum

‘Resilient’ Unilever plans to invest ‘heavily’ in marketing as lockdown eases – The Drum thumbnail image

Written by John McCarthy

Unilever financial results for the first half of 2020 (23 July) show a business rapidly adapting during the pandemic, mitigating the impact of Covid-19 with a 49% year-on-year growth in e-commerce sales.

The consumer goods giant …

By Maria Ordonez
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