Gap expected last year’s tariff-related mitigation measures to pay off in 2026. In November, the company touted efforts such as sourcing and production adjustments as well as targeted price hikes.
In its most recent quarter, the retailer said it managed import-duty pressures and expects continued improvement in the upcoming quarters.
Gap expects a net neutral impact in 2026 from tariffs.
Gap feels confident about inventory levels, tariff mitigation | Retail Dive
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Bauer Media remains the UK’s leading consumer magazine publisher by total paid-for copies sold and Retail Sales Value. Commenting on the results Rob Munro-Hall, Group Managing Director, Bauer Magazine Media UK said: “Bauer Media retains its leading position in the highly competitive TV Listings and True Life markets. We’re extremely proud of our performance this period - TV Choice is the only magazine in the UK to sell over 1 million copies a week and Take a Break’s monthly companion magazine has seen an impressive 25% YOY uplift. We’ve also seen continuing success for our Specialist magazines, particularly our gardening titles Garden News and Garden Answers, whilst Practical Photography is the fastest growing monthly magazine in the UK. These standout performances demonstrate how magazines play a critical role in the lives of our readers, creating meaningful connections in a truly trusted environment. Our world class editorial teams are tireless in ensuring that they have a deep understanding of their audiences, both through insight and instinct. This enables us to deliver content that has a strong cultural impact whatever the passion area and brings readers back every week or month.” Click Read More below for additional information.
S&P Global announced that its Board of Directors has unanimously elected Martina L. Cheung, S&P Global's current President of S&P Global Ratings, to succeed Douglas L. Peterson as the Company's President and Chief Executive Officer, effective November 1, 2024. Additionally, Ms. Cheung has been appointed as a member of the Board, effective July 1, 2024. Mr. Peterson will remain on the Board until May 2025 and be a special advisor to the Company until December 31, 2025. Ms. Cheung has held multiple leadership roles in her 14 years at S&P Global. She currently leads S&P Global Ratings, which realized $3.3 billion in annual revenue for 2023, a 9% increase over the prior year, with 56.5% full-year operating profit margin. Additionally, under her leadership, S&P Global Sustainable1 had revenue growth of 24% in 2023. Prior to her current roles, Ms. Cheung led S&P Global Market Intelligence, during which time the division exceeded $2 billion in annual revenue. She also served as S&P Global's Chief Strategy Officer, responsible for developing the Company's growth and innovation investment priorities.
As reported recently in the Bangor Daily News, John Halle (CEO of Cate Street Capital) has formally dismissed the libel lawsuit that Cate Street Capital and Halle had initiated against Verle Sutton almost two years ago. This claim of libel had resulted from an article in the May 2014 issue of The Reel Time Report, written by Sutton, in which Cate Street Capital and State of Maine officials were strongly criticized for actions they took that related to the Great Northern Paper mills in northern Maine. Industry Intelligence, the publisher of Reel Time, had also been named as a defendant in this lawsuit. Industry Intelligence and John Halle reached a settlement earlier in 2016. In response to John Halle choosing to end the lawsuit against Sutton, and the Industry Intelligence settlement, Verle Sutton has issued the following statement:
I am grateful to family and friends who have been so supportive during the last two years as we fought through the groundless lawsuit that John Halle and Cate Street Capital initiated against me for authoring “The Maine Problem.”
The legal costs incurred during the last two years have been substantial, and the time our family lost was unfortunate. However, our losses pale in comparison to the damage that has been inflicted on the East Millinocket and Millinocket communities and, in fact, on all of northern Maine. These communities and this region were misled by state officials and Cate Street about the viability of the restarted Great Northern Paper mills.