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May 2023

4 May

J&J’s Consumer Health Business Officially Goes Public – WWD

J&J’s Consumer Health Business Officially Goes Public – WWD
Kenvue Inc., the patron health subsidiary of Johnson & Johnson that encompasses Neutrogena, Aveeno and Tylenol brands, launched its initial public offering Thursday. Shares began trading on the Recent York Stock Exchange under the symbol KVUE at $22 per share, valuing the corporate at roughly $42 billion, and poising it to boost about $3.8 billion. At market close, shares were trading at $26.46. J&J still holds 90.9 percent of outstanding shares of the business. J&J’s total consumer health business generated $15 billion in 2022, a 2.7 percent increase from the prior yr. It also announced the appointment of its designate chief executive officer, Thibaut Mongon, and its chief financial officer, Paul Ruh, in May of last yr. “Helping consumers realize the extraordinary power of...
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4 May

Coronation Nation

Coronation Nation
LONDON — Retailers and types of all stripes are marking the coronation on Saturday with merchandise starting from high-end jewelry and accessories to biscuits and tea. Here, a have a look at a few of the commemorative merchandise on offer around town. Fortnum & Mason Coronation Tea. Courtesy of Fortnum & Mason/David Goymer Fortnum & Mason’s Kingdom Honey selection. A gouache painting of the David Morris Coronation Tiara. A gouache painting of the spinel coronation ring by David Morris. British milliner Justin Smith has created a couture crown made out of 319 Scrabble tiles inspired by the St Edward’s Crown,in celebration of Scrabble’s seventy fifth anniversary and the coronation of King Charles III. A tiara by DeBeers to mark the coronation. The tiara is ready with greater than...
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4 May

How ‘gym bro’ culture is harming young men

How ‘gym bro’ culture is harming young men
Lately, we’ve undoubtedly made great strides in broadening the scope of contemporary masculinity. From rappers like Central Cee showing their softer side in fluffy Jacquemus campaigns to Lil Nas X putting unapologetic Black male queerness on the centre of his performances, we’ve moved on from terms like “metrosexual” being attributed to straight men willing to exfoliate and iron their clothes.  For higher or for worse, the more ‘traditional’ ways of performing masculinity are less accessible as we languish in late capitalism. The “protector, procreator, provider” roles that patriarchy indoctrinates boys with from birth are in jeopardy; austerity and a cost-of-living crisis have rendered ‘the breadwinner and homemaker’ dynamic unattainable for many heterosexual couples, which consequently makes having kids less attractive for...
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4 May

Condé Nast Casts Itself as Arbiter of Culture at

Condé Nast Casts Itself as Arbiter of Culture at
Condé Nast executives spent an hour and 10 minutes selling media buyers on their access to and position at the head of culture at its NewFront presentation in Manhattan on Thursday. Actually, a succession of executives — including chief financial officer Pam Drucker Mann; global chief content officer Anna Wintour; Vogue European editorial director Edward Enninful, and Vanity Fair editor in chief Radhika Jones — said the word “culture” so persistently, if the audience was playing a drinking game, they might have been falling off of their chairs 20 minutes into the show. “We don’t just make content, we make culture,” said Mann, as she boasted of 300 latest social originals and pilots across greater than 55 brand channels in 11 countries. The...
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