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I tried 4 brands of premade mashed potatoes from the store, and there are only 2 I'd actually serve

<ul class="summary-list"><li>Nvidia CEO Jensen Huang predicts a future with personal robots like R2-D2 and C-3PO from Star Wars.</li><li>Huang referenced the droid duo during an appearance at T-Mobile's Capital Markets Day.</li></ul>Nvidia chief <a target="_blank" class="" href="https://www.businessinsider.com/nvidia-jensen-huang-leadership-style-insiders-tough-boss-admit-mistakes-2024-6">Jensen Huang</a> seems to be excited about the future of robotics. During an appearance at T-Mobile's Capital Markets Day on Wednesday, Huang made bold predictions about the future, referencing robots from the Star Wars movie franchise. Huang said, "I love the idea that I'll have my own R2-D2, my own C-3PO — my R2 will be following me, and for many people just growing up now, they'll have their own personal R2 with them for their lives."The boss of the chip designer also talked up the possibility of having digital agents, which he predicts will work alongside people. He said, "I really love the idea that I will have a computer that is getting smarter and smarter with me as it works with me over time and understands me to help me get things done." Elon Musk appeared to agree with this vision, <a target="_blank" class="" href="https://x.com/elonmusk/status/1836518602813608189">replying</a> to a clip of Huang's comments on his social media platform, X, with "True."It's the latest indication that Huang <a target="_blank" class="" href="https://www.businessinsider.com/nvidia-ceo-jensen-huang-pushes-robot-revolution-taiwan-computex-speech-2024-6">sees humanoid robots as the next big phase</a> in AI development. Speaking at a tech conference in Taiwan earlier this year, he said: "The next wave of AI is physical AI." Nvidia created an operating system called Project Gr00t to help teach robots to perform everyday tasks. While announcing the venture, Huang was <a target="_blank" class="" href="https://www.businessinsider.com/nvidia-humanoid-robots-jensen-huang-2024-3">accompanied onstage by nine humanoid robots</a> at its GTC conference in March. Earlier this year, Huang said, "The easiest robot to adapt into the world are humanoid robots because we built the world for us. We also have the most amount of data to train these robots than other types of robots because we have the same physique." Salesforce and Nvidia announced a collaboration on Wednesday to develop autonomous agents for enterprises along with interactive avatar experiences. The Agentforce agents are designed to help boost productivity in sales, marketing, IT, and service teams, according to a <a target="_blank" href="https://www.businesswire.com/news/home/20240917057818/en/Salesforce-and-NVIDIA-Forge-Strategic-Collaboration-to-Advance-AI-Agent-Innovation">press release</a>. Nvidia didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

Jensen Huang thinks we're all going to have our own R2-D2 or C-3PO robots follow us around 

<keyword id="19934680" type="General" weightage="20" keywordseo="Amul" source="keywords" meta.keywordsubtype="org" meta.entityname="Amul" meta.hostid="261" meta.entityid="Amul">Amul</keyword>, has been recognized as the strongest food and <keyword id="20467955" type="General" weightage="20" keywordseo="dairy-brand" source="keywords">dairy brand</keyword> globally, according to the <keyword id="20220223" type="General" weightage="20" keywordseo="Brand-Finance" source="keywords" meta.keywordsubtype="org" meta.entityname="Brand Finance" meta.hostid="261" meta.entityid="Brand Finance">Brand Finance</keyword> Food &amp; Drink 2024 report. In a post on X (formerly Twitter), Amul posted, "We are pleased to inform you that Amul is ranked as the strongest <keyword id="22460165" type="General" weightage="20" keywordseo="food-brand" source="keywords">food brand</keyword> and strongest dairy brand in the world as per Food &amp; Drink 2024, the annual report on the most valuable and strongest food, dairy &amp; non-alcoholic drinks brands by @BrandFinance , world's leading brand consultancy" The annual report by Brand Finance, a global brand valuation consultancy, highlights the growing influence of Amul in the international market. The company's <keyword id="22862818" type="General" weightage="20" keywordseo="brand-strength" source="keywords">brand strength</keyword> was evaluated with a Brand Strength Index (BSI) score of 91.0 out of 100, earning it the prestigious AAA+ rating. Amul's performance in familiarity, consideration, and recommendation metrics solidified its position as a global leader in the food and dairy sectors. While Amul shines in brand strength, the report identifies Nestle and Lay's as leaders in brand value. Nestle retained its title as the world's most valuable food brand, despite a 7 per cent decline in brand value to USD 20.8 billion. The company's ability to adapt to changing consumer preferences and maintain a diverse product portfolio has been key to its enduring success. Lay's, on the other hand, saw a 9 per cent increase in brand value, rising to USD 12 billion and securing the second spot globally. Lay's innovative product offerings, including its Flavour Swap and MAX lineups, have driven its brand value growth. The Brand Finance report also notes a 4 per cent decline in the overall brand value of the food and beverage sector, now totalling around USD 268 billion. This decline is attributed to consumers increasingly favoring smaller, private-label brands offering unique, personalized products over traditional big names. Convenience foods, however, are bucking the trend, with rising brand value due to growing demand from busy consumers. Brands like Healthy Choice and DiGiorno have seen a 17 per cent increase in brand value, driven by innovative product releases and strategic marketing. Amul's ascension as the world's strongest food and dairy brand is a testament to its consistent innovation, effective marketing strategies, and strong consumer trust. The cooperative's commitment to quality and its extensive product range has made it a household name not just in India but across the globe. With an 85 per cent share in the Indian butter market and a 66 per cent market share in cheese, Amul's brand equity continues to grow stronger each year. The dairy industry, however, faces its own set of challenges. The report notes a 6 per cent dip in the total brand value of the top 10 dairy brands, now at USD 43.8 billion. Despite this, Amul has retained its title as the strongest dairy brand for the fourth consecutive year, thanks to its unique cooperative structure and impactful branding efforts. Meanwhile, Valio, a Finnish dairy brand, has emerged as the fastest-growing dairy brand, with a 31 per cent increase in brand value, driven by its acquisition of Planti, a producer of plant-based dairy alternatives. Sustainability continues to be a critical factor for brands. Nestle leads the food sector with the highest Sustainability Perceptions Value at USD 1.4 billion, while Coca-Cola tops the non-alcoholic drinks sector with a value of USD 5.2 billion. The report suggests that brands like Lay's and Pepsi, with high positive gap values, could further enhance their market positions by better communicating their sustainability efforts. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-and-airtel-gained-over-3-million-subscribers-in-june-vi-lost-nearly-a-million/articleshow/112670406.cms">Reliance Jio and Airtel gained over 3 million subscribers in June, Vi lost nearly a million</a> <a href="https://www.businessinsider.in/tech/mobile/news/the-iphone-pro-models-will-be-made-in-india-for-the-first-time-this-year/articleshow/112653019.cms">The iPhone Pro models will be made in India for the first time this year</a> <a href="https://www.businessinsider.in/stock-market/webstories/orient-technologies-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112646237.cms">Orient Technologies IPO – Price band to risk factors, all you need to know</a>

Amul emerges as world's strongest food and dairy brand, topping global rankings in Brand Finance Food & Drink 2024 Report

<ul><li><keyword id="10591" type="General" weightage="100" keywordseo="Samsung" source="Orion">Samsung</keyword> is planning to set up 15 premium experience stores across nine cities in India.</li><li>Samsung will add another 13 stores across nine cities- Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Ahmedabad, Kolkata, Chandigarh and Pune in phase 1.</li></ul>New Delhi: Korean electronics major Samsung is planning to set up 15 premium experience stores across nine cities in India by the end of this year to increase the share of high-end products in total sales, a company official said on Thursday. Samsung India D2C business senior director <keyword id="650893" type="General" weightage="50" keywordseo="sumit-walia" source="Orion">Sumit Walia</keyword> told PTI that the trigger for expansion of premium experience stores follows the rise in share of its high-end products at brand stores and also two premium stores that were opened recently in Bengaluru and Delhi. "We are going on a rampage to go on expanding. We will open 15 premium experience stores like we have in Connaught Place and Opera House across nine cities by the end of this year. This format will be able to tap into the premium segment," Walia said. Samsung will add another 13 stores across nine cities -- Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Ahmedabad, Kolkata, Chandigarh and Pune in phase 1. The company has opened the first premium experience store at Opera House in Bengaluru, which is spread over an area of around 33,000 square feet. It has opened another premium store in Delhi's Connaught Place spread in an area of around 4,000 square feet. Walia said that all premium experience stores will be operated by franchisees, where Samsung will showcase premium products suits based on lifestyle like work from home, living room scenario etc. "We have seen the share of our premium product doubling to 60-62 per cent at <keyword id="16993058" type="General" weightage="20" keywordseo="Samsung-brand-stores" source="Orion">Samsung brand stores</keyword> in the last 1.5-2 years. At the premium experience store in Bangalore it has gone up to 80 per cent. Customers now want more out of their product which we are able to showcase at these premium experience stores," Walia said. Samsung has 1,700 brand stores across India. He did not disclose the amount of investment that will go in opening the stores but shared that franchisee owners will hire field experts like gaming specialist, chef, photographer etc. at each unit. "The experts will be around half of the total workforce that each premium experience store will have," Walia said. He said that the premium stores will house repair centres for mobile <keyword id="6355190" type="General" weightage="20" keywordseo="Devices" source="Orion">devices</keyword> while the service will be provided at doorstep for consumer electronics. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/music-to-help-focus-home-design-many-tasks-that-ai-can-help-with/articleshow/99085155.cms">Music to help focus, home design &amp; many tasks that AI can help with</a> <a href="https://www.businessinsider.in/tech/news/how-you-can-open-the-ai-chatbot-directly-from-macs-menu-bar/articleshow/98449632.cms#:~:text=Once%20you%20have%20downloaded%20the,simply%20click%20on%20'Open.'">ChatGPT just got more accessible: Here’s how you can open the AI Chatbot directly from Mac's menu bar</a>

Samsung plans 15 premium experience stores across 9 cities by December

<ul><li>D2C brands’ gross merchandise value is expected to grow to $35 billion by 2027.</li><li>They are expected to grow at a CAGR of 40%, faster than retail and eCommerce markets.</li><li>D2C shipments were at half a billion in 2022, and could grow to 3 billion by 2027. </li></ul>India’s direct-to-consumer brands are growing fast, spreading their wings far and wide. As per estimates by Redseer, their gross merchandise value (GMV) will swell to $35 billion by 2027. A large number of brands like <keyword id="4548811" type="General" weightage="20" keywordseo="mamaearth" source="Orion">MamaEarth</keyword>, <keyword id="360663" type="General" weightage="20" keywordseo="kama-ayurveda" source="Orion">Kama Ayurveda</keyword>, <keyword id="211425" type="General" weightage="20" keywordseo="hopscotch" source="Orion">Hopscotch</keyword> and <keyword id="12227756" type="General" weightage="20" keywordseo="the-sleep-company" source="Orion">The Sleep Company</keyword> have been gaining ground for the last few years. Yet, the D2C market itself is at a nascent stage, believes Redseer. “Brand creation is getting easier and incentivized,” it added. But they’re chugging along fast and are expected to exhibit a compounded annual growth rate (CAGR) of 40% for the next four years. Their growth rate will outdo retail market growth as well as the broader eCommerce market. Their growth rate is thrice as fast as compared to the retail growth, and 1.6 times that of the eCommerce market. Their growth will also give a push to third party logistics (3PL) players as D2C brands do not follow the traditional distribution channel. In 2022, the number of D2C shipments stood at half a billion. And, they might grow to 3 billion by 2027. “3PL solutions tie-in well with the D2C segment as demand varies across cities/regions and the required logistics investment is on the higher side. Brands need reliable logistics partners with a wider reach across India to ensure consistency of experience,” said Mrigank Gutgutia, partner at Redseer. Most D2C products have varied requirements like return management, cold storage supply chain, hassle-free claims and more. “The mid-large beauty and personal care brands are also competing on reach and quick delivery. Hence aspects like ability to handle fragile items matter more prominently for them,” said Redseer. Home and general merchandise brands also require high degree of shipment protection to prevent damages. Food brands on the other hand work on lower margins and seek affordable shipping. Brands need quick delivery in cities and dense networks to enable quick delivery. “The keys to success for 3PLs vary widely depending on the category of D2C players, however, tech-enabled reliability, shipment protection and affordable pricing are what the D2C brands in India seek the most, with pan-India reach being a fairly common expectation,” said Gutgutia. <keyword id="2841678" type="General" weightage="80" keywordseo="xpressbees" source="Orion">XpressBees</keyword> and Shadowfax are used by brands that need low-cost shipping. Delhivery and Blue Dart are used by brands that need quick and reliable delivery which is tech-enabled. Ecomm Express is known for wider reach with a larger focus on tier 2 cities and beyond.

D2C brands growing at a much faster clip than ecomm, shift to boost third party logistics

<ul class="summary-list"><li>This post originally appeared in the Insider Today newsletter.</li></ul>Welcome back to our Sunday edition, a roundup of some of our top stories. Former Google lead Andrew Yeung has been dubbed the <a target="_blank" href="https://www.businessinsider.com/andrew-yeung-google-employee-throwing-techs-hottest-parties-new-york-2023-7">Gatsby of Silicon Valley</a>. He shared the <a target="_blank" href="https://www.businessinsider.com/how-to-grow-business-network-coffee-chat-2024-11">coffee chat formula</a> that's helped him grow his seven-figure tech event business.On the agenda today:<ul><li>Goldman Sachs tapped 95 people to <a target="_blank" href="https://www.businessinsider.com/goldman-sachs-partners-revealed-see-full-list-names-diversity-women-2024-11">join its exclusive partnership</a>.</li><li>Amazon CEO Andy Jassy explains <a target="_blank" href="https://www.businessinsider.com/amazon-ceo-explains-why-he-wants-fewer-managers-hate-bureaucracy-2024-11">why he wants fewer managers</a>.</li><li>A free meal cost an investor <a target="_blank" href="https://www.businessinsider.com/how-a-free-meal-cost-an-investor-his-retirement-savings-2024-10">his retirement savings</a>.</li><li>America has a shoplifting epidemic. <a target="_blank" href="https://www.businessinsider.com/middle-class-shoplifting-retail-theft-crime-stealing-stores-2024-11">The thieves aren't always who you think</a>.</li></ul>But first: What happens next after Donald Trump's resounding <a target="_blank" href="https://www.businessinsider.com/how-trump-won-election-high-prices-cost-of-living-unemployment-2024-11">US election victory</a>.If this was forwarded to you, <a target="_blank" href="https://www.businessinsider.com/subscription/newsletter/insider-today-sunday-edition">sign up here</a>. Download Insider's app <a target="_blank" href="https://www.insider.com/app">here.</a><h2 id="11850be2-84e0-4d2d-bc14-a7b71271d9fa">Preparing for 47</h2><div type="image" title="President-elect Donald Trump smiles at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Florida." height="2392" width="3581" msid="115143976" hostid="261" sizebytes="472336"></div>The most expensive presidential election in history is over, and the effects of Donald Trump's victory are already being felt in dollars and cents.Stocks surged, finishing the week at <a target="_blank" href="https://markets.businessinsider.com/news/stocks/stock-market-today-sp500-crosses-6000-level-investors-cheer-trump-2024-11">record highs</a>. Bitcoin also hit record highs, while Tesla surpassed a <a target="_blank" href="https://markets.businessinsider.com/news/stocks/tesla-stock-price-trillion-valuation-donald-trump-election-win-tsla-2024-11?utm_medium=ingest&amp;utm_source=markets">$1 trillion market cap</a>. Treasury yields also finished the week higher, as investors bet that a Trump White House will <a target="_blank" href="https://www.businessinsider.com/trump-tariffs-higher-inflation-fed-interest-rates-taxes-mortgage-rates-2024-11">drive inflation</a>.Big companies are already weighing the potential impact of tariffs. Outdoors brand Yeti is looking for <a target="_blank" href="https://www.businessinsider.com/companies-making-changes-to-business-trump-2024-11#yeti-1">new suppliers</a>. Steve Madden plans to cut its <a target="_blank" href="https://www.businessinsider.com/companies-making-changes-to-business-trump-2024-11#steve-madden-2">sourcing of goods from China</a>. Airbus said it expects to pass the cost of any tariffs on to <a target="_blank" href="https://www.businessinsider.com/trumps-tariffs-threats-world-ceos-thoughts-trade-2024-11">airline customers</a>.In Silicon Valley, many venture capitalists and startup founders are cheering the prospect of less regulation and <a target="_blank" href="https://www.businessinsider.com/elon-musk-could-help-deregulate-tech-amid-a-trump-victory-2024-11">increased deal activity</a>.On Wall Street, too, there's hope of <a target="_blank" href="https://www.businessinsider.com/trump-election-citi-jane-fraser-regulators-frc-occ-2024-11">less onerous regulation</a>, particularly as several financiers are offering advice to the <a target="_blank" href="https://www.businessinsider.com/wall-street-advisor-trump-lutnick-schwarzman-warsh-federal-reserve-2024-11">incoming administration</a>.And at least <a target="_blank" href="https://www.businessinsider.com/wbd-trump-zaslav-consolidation-earnings-2024-11">one media CEO</a> hopes Trump's win will open the doors to consolidation.<h2 id="8de1f093-db58-438e-a296-ab09ff92ad5c">Meet Goldman's new partners</h2><div type="image" title="David Solomon smiles" height="3267" width="4900" msid="115143966" hostid="261" sizebytes="541678"></div>Goldman Sachs promoted 95 executives to its highest designation of leaders outside the C-suite. The new class is the largest number of partners to be promoted under CEO David Solomon.It's also one of Goldman's most diverse. A record 26 are women — a demographic that has been closely watched following a series of high-profile female partner exits — as well as a record level of Hispanic executive promotions, a company exec said.<a target="_blank" href="https://www.businessinsider.com/goldman-sachs-partners-revealed-see-full-list-names-diversity-women-2024-11">Check out the list.</a>Also read:<ul><li><a target="_blank" href="https://www.businessinsider.com/goldman-sachs-partner-promotions-feroz-khosla-youngest-financing-derivatives-2024-11">Inside the youngest member of Goldman's 2024 partner class's big day</a></li></ul><h2 id="69bad2e5-a5bf-4ba9-b958-e3eff00ffc5b">Andy Jassy hates bureaucracy</h2><div type="image" title="Andy Jassy" height="960" width="1920" msid="115143970" hostid="261" sizebytes="255456"></div>In an all-hands meeting this week, Amazon CEO Andy Jassy explained the company's recent plan to reduce the number of managers. According to a recording of the meeting obtained by BI, Jassy said the move was meant to root out bureaucracy.The goal is to make faster decisions and reduce management layers that are killing Amazon's unique culture, Jassy said. "The reality is that the S team and I hate bureaucracy," Jassy said, referring to Amazon's most senior leadership team.<a target="_blank" href="https://www.businessinsider.com/amazon-ceo-explains-why-he-wants-fewer-managers-hate-bureaucracy-2024-11">More from the all-hands meeting</a>.Also read:<ul><li><a target="_blank" href="https://www.businessinsider.com/amazon-ceo-says-rto-mandate-not-backdoor-layoff-2024-11">In all-hands meeting, Amazon CEO says RTO mandate not a 'backdoor layoff'</a></li></ul><h2 id="8d221ec2-a40e-4d73-80e7-638d6c30f428">Risky business</h2><div type="image" title="Plate full of cash" height="1500" width="2000" msid="115143967" hostid="261" sizebytes="366456"></div>There's no such thing as free lunch — or in one investor's case, free dinner. As a retiree, he was used to avoiding the countless postcards offering a fancy dinner accompanied by a presentation on investing advice.But on one occasion in 2010, he took the bait. There, he met one of the hosts who would eventually advise him to invest in financial products that ultimately cost him a chunk of his retirement savings.<a target="_blank" href="https://www.businessinsider.com/how-a-free-meal-cost-an-investor-his-retirement-savings-2024-10">Why these 'free lunch seminars' are common in the industry</a>.<h2 id="dc96d953-8312-4bf5-8432-dfb9ba5779e5">The great American shoplifting spree</h2><div type="image" title="A Shoplifting woman." height="1200" width="2400" msid="115143974" hostid="261" sizebytes="259560"></div>Regular Americans are shoplifting everything from tape measures to blocks of cheese. Rather than stealing out of true necessity, these shoplifters are opportunists: adults with decent jobs, firmly in the middle class.And they don't feel particularly bad about it. Some of them view shoplifting as a silly childhood habit they never kicked out, while others think of it as a way to fight back against goods that are unjustly expensive.<a target="_blank" href="https://www.businessinsider.com/middle-class-shoplifting-retail-theft-crime-stealing-stores-2024-11">Behind regular people's retail theft</a>.Also read:<ul><li><a target="_blank" href="https://www.businessinsider.com/rich-people-shoplift-self-checkout-why-explained-2023-12">Rich people are more likely to steal from self-checkout. Why?</a></li><li><a target="_blank" href="https://www.businessinsider.com/americas-war-organized-retail-crime-target-cvs-victorias-secret-2024-9">America's absurd war on 'organized retail crime'</a></li></ul>This week's quote:"I congratulate President Trump and we look forward to working with the new administration in support of sound policies that enhance economic growth and financial stability."— Goldman Sachs CEO David Solomon <a target="_blank" href="https://www.businessinsider.com/goldman-ceo-david-solomon-memo-trump-presidential-victory-policies-2024-11">in an internal memo to staff</a>.More of this week's top reads:<ul><li>Anthony Scaramucci tells BI <a target="_blank" href="https://www.businessinsider.com/why-trump-won-election-kamala-harris-biden-democrats-anthony-scaramucci-2024-11">four key reasons why Trump won</a>.</li><li>Sam Altman's hiring strategy <a target="_blank" href="https://www.businessinsider.com/sam-altmans-hiring-strategy-bets-on-talent-not-age-2024-11">bets on talent, not age</a>.</li><li>Silicon Valley is grieving over Trump, but <a target="_blank" href="https://www.businessinsider.com/silicon-valley-trump-return-startups-venture-capital-2024-11">quietly lauding a coming tech deal resurgence</a>.</li><li>After leadership changes, and layoffs, <a target="_blank" href="https://www.businessinsider.com/netflix-gaming-executive-reveals-new-ai-role-studio-shutdown-cuts-2024-11">Netflix's gaming exec reveals a new AI role</a>.</li><li>Donald Trump's election victory has <a target="_blank" href="https://www.businessinsider.com/what-second-trump-term-means-for-intel-2024-11">big implications for Intel</a>.</li><li>Food deliveries keep getting more expensive — <a target="_blank" href="https://www.businessinsider.com/us-diners-splurge-food-delivery-doordash-grubhub-ubereats-convenience-rules-2024-11">but we can't stop ordering</a>.</li><li>Your nest egg is private-equity giant Apollo's <a target="_blank" href="https://www.businessinsider.com/apollo-global-single-biggest-opportunity-growth-retirement-athene-2024-11">"single biggest opportunity" for growth</a>.</li><li>A leaked memo shows <a target="_blank" href="https://www.businessinsider.com/google-workspace-chief-stepping-down-leaked-memo-2024-11">Google's Workspace chief is stepping down</a>.</li><li>Hollywood is going conservative, turning toward <a target="_blank" href="https://www.businessinsider.com/hollywood-embracing-conservative-themes-after-playing-to-the-coasts-2024-11">faith and family-based shows</a>.The Insider Today team: <a target="_blank" href="https://www.businessinsider.com/author/dan-defrancesco">Dan DeFrancesco</a>, deputy editor and anchor, in New York. <a target="_blank" class="" href="https://www.businessinsider.com/author/grace-lett">Grace Lett</a>, editor, in Chicago. <a target="_blank" class="" href="https://www.businessinsider.com/author/amanda-yen">Amanda Yen</a>, fellow, in New York. <a target="_blank" class="" href="https://www.businessinsider.com/author/lisa-ryan">Lisa Ryan</a>, executive editor, in New York.</li></ul>

Insider Today: Preparing for Trump 2.0

<ul class="summary-list"><li>Selena Gomez has shut down rumors that she's looking to sell her makeup brand, Rare Beauty.</li><li>The line has been valued at $2 billion and has earned more than $70 million from blush sales alone.</li></ul>The rumors aren't true, according to Selena Gomez. She's not eager to sell her makeup brand.In March, <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-03-18/selena-gomez-weighs-sale-of-cosmetics-brand-valued-at-2-billion">Bloomberg</a> reported that Gomez's company, Rare Beauty, had hired financial advisors to join meetings with potential investors and buyers.The report came after <a target="_blank" href="https://www.businessoffashion.com/articles/beauty/beautys-most-sought-after-ma-targets-in-2024/">The Business of Fashion</a> named Rare Beauty one of the top merger and acquisition targets in January and valued the brand at $2 billion, citing $300 million in sales last year.But during an appearance at the Time100 Summit in New York City on Wednesday, Gomez hinted at a strong future for her company — one that intrinsically involves her."I don't think I'm going anywhere. I am enjoying this a little too much," she told <a target="_blank" href="https://time.com/6968785/selena-gomez-time100-summit-beauty-impact/">Time</a> senior editor Lucy Feldman. "I just want to continue building what we're doing."<div type="image" title="Selena Gomez attends the Time100 Summit in New York City." height="2000" width="1333" msid="109573253" hostid="261"></div>Gomez went on to describe Rare Beauty as her "pride and joy" and said there are "so many fun things coming up.""I'm just looking forward to being a part of this," she said.Rare Beauty has seen major success since launching in 2020 with TikTok-viral products and Sephora bestsellers. As <a target="_blank" rel=" nofollow" href="https://www.bloomberg.com/news/articles/2023-07-20/how-selena-gomez-built-rare-beauty-into-tiktok-s-favorite-brand#xj4y7vzkg">Bloomberg</a> reported last year, it "moved 3.1 million units" of its <a target="_blank" href="https://www.businessinsider.com/rare-beauty-brand-is-worth-the-hype-2023-7">Soft Pinch Liquid Blush</a> alone in 2022, earning the company around $70 million in revenue.The fan-favorite product is so popular that Rare Beauty launched a new version — <a target="_blank" href="https://www.sephora.com/product/rare-beauty-by-selena-gomez-soft-pinch-luminous-powder-blush-P509960">the $26 Soft Pinch Luminous Powder Blush</a> — in April.Rare Beauty is also known for its <a target="_blank" href="https://rareimpactfund.org/">Rare Impact Fund</a>, an initiative Gomez founded that's dedicated to raising $100 million over the next 10 years to expand mental health services across the world. Other celebrity beauty brand founders have famously sold their own cosmetic lines and often earned serious cash in the process.<a target="_blank" href="https://www.businessinsider.com/bobbi-brown-makeup-aging-influencers-interview-2024-1">Bobbi Brown</a> sold her namesake beauty company to Estée Lauder in 1995 for <a target="_blank" rel=" nofollow" href="https://www.cnn.com/style/article/bobbi-brown-beauty-brand-jones-road/index.html">a reported $74.5 million</a>, and <a target="_blank" href="https://www.businessinsider.com/kat-von-d-sold-namesake-makeup-brand-2020-1">Kat Von D</a> sold her shares of her former brand to Kendo in 2020.Though Gomez might not be planning to join them anytime soon, the possibilities — and dollars — in the future are seemingly endless.

Selena Gomez's makeup brand is worth $2 billion &mdash; but she has no plans to sell 

<ul class="summary-list"><li>Nike's new CEO, Elliot Hill, admitted things "haven't been easy" for the brand in a message to staff.</li><li>Hill, a Nike veteran, will replace John Donahoe as CEO.</li></ul>In his first message to employees, <a target="_blank" href="https://www.businessinsider.com/nike-new-ceo-elliott-hill-may-help-ailing-sneaker-brand-2024-9">Nike's new CEO</a> acknowledged that the company is facing challenging times. <a target="_blank" class="" href="https://www.businessinsider.com/nike-new-ceo-elliott-hill-may-help-ailing-sneaker-brand-2024-9">Elliot Hill, who will replace John Donahoe</a> as CEO next month, said things "haven't been easy" for Nike but called on employees to show "speed and a sense of urgency" to turn the iconic sneaker brand around."I know things haven't been easy, and we certainly have taken our fair share of shots," Hill said in a <a target="_blank" class="" href="https://www.bloomberg.com/news/articles/2024-09-20/new-nike-ceo-s-first-words-to-staff-things-haven-t-been-easy?srnd=phx-industries">note to employees, which also included a video message, as reported by Bloomberg</a>.The new CEO reportedly told staff he would host an all-hands meeting on October 14 and encouraged them to send him questions with "what's on your mind."In the video message, he told employees they would need to "rally as a team" and "move with speed and a sense of urgency."Hill <a target="_blank" href="https://www.businessinsider.com/nikes-new-ceo-started-from-bottom-as-an-intern-2024-9">started at Nike as an intern in 1988</a>, working his way up to the C-suite of the famed sportswear brand over the next 30 years.He described Nike as a "core part" of his identity in a statement on Thursday, having previously retired in 2020.Hill, who replaces John Donahoe as CEO, faces a <a target="_blank" class="" href="https://www.businessinsider.com/nikes-sales-to-fall-this-year-as-turnaround-plan-continues-2024-6">challenge to turn around the sneaker company</a>, which has seen its share price tumble this year. The company has been cutting costs since December to save $2 billion over the next three years. <a target="_blank" href="https://www.businessinsider.com/nike-ceo-john-donahoe-replaced-elliott-hill-return-to-innovation-2024-9">Analysts told Business Insider</a> that Nike would need to stop resting on its retro laurels and return to its roots as an innovator to succeed.Hill has played up his background as a Nike veteran, and his hiring is a sign that Nike is turning to company insiders to spearhead the brand's revival.The new CEO will have to do it on <a target="_blank" class="" href="https://www.businessinsider.com/nike-new-ceo-elliott-hill-27-million-john-donahoe-2024-9">less money than his predecessor</a>, however. According to SEC filings, Hill's total compensation package will be $27 million, roughly $2.1 million lower than the $29.1 million Donahoe received in remuneration in 2023.Nike did not respond to a request for comment, sent outside normal working hours.

Nike's new CEO acknowledges the brand's rough run in his first message to staff

<ul class="summary-list"><li>Last year, Ellie Furuya got married at a luxury resort in Phuket, Thailand.</li><li>Furuya says she would do a few things differently if she could go back.</li></ul>Ellie Furuya, 32, is a Hong Kong-based influencer, the founder of Rii Swim, a swimwear brand, and a mother. This interview has been edited for length and clarity.After six years of navigating life and love, my now-husband and I finally <a target="_blank" class="" href="https://www.businessinsider.com/how-wealthy-couples-spend-money-wedding-planner-tradition-venue-entertainment-2024-10">tied the knot</a> last year in Phuket.I grew up in Hong Kong and was raised in a Japanese family. After graduating from an international high school, I spent time in Tokyo, completed my master's degree in London, and eventually returned home.It was back in Hong Kong that I met my now-husband, Jon.Deciding that I wanted to marry him was easy, but picking where we wanted to hold our <a target="_blank" class="" href="https://www.businessinsider.com/long-engagement-frugal-fiances-pay-for-own-wedding-2024-5">wedding was complicated</a>.Jon also comes from a mixed background — he was born and raised in Singapore and grew up in Bangkok, New Delhi, and London — he's half-Thai and half-English.With friends and family around the world, there wasn't one obvious place to host the wedding. But eventually, we decided that <a target="_blank" class="" href="https://www.businessinsider.com/fat-fire-early-retirement-usa-thailand-passive-income-dad-hobbies-2024-4">Phuket</a>, in southern Thailand, was the right spot. Jon has roots there, and we knew our guests would appreciate the beaches and culture. Our son, Kenzo, was seven months old at the time.We got married in November at <a target="_blank" class="" href="https://www.businessinsider.com/rosewood-kona-village-review-hawaii-resort-big-island-2024-10">Rosewood</a> Phuket, a five-star resort with views of the Andaman Sea. Looking back, I'd still choose Phuket, but there were certain logistics I'd tackle differently.If I could <a target="_blank" class="" href="https://www.businessinsider.com/best-unique-ideas-weddings-from-expert-planner">plan our wedding</a> all over again, here are five things I'd change.<div type="image" title="Two men, backs turned, holding umbrellas." height="4000" width="6000" msid="115234745" hostid="261" sizebytes="1599612"></div><h2 id="87c83346-d273-47e6-b27c-d2c14fd9bda2">1. Prepare for rain, no matter what</h2>We <a target="_blank" class="" href="https://www.businessinsider.com/answers-to-wedding-questions-guests-too-scared-to-ask-2021-6">planned our wedding</a> during the dry season, convinced that we'd be safe from rain. But as anyone who's ever experienced tropical weather can attest, you can never be too sure.On our wedding day, the skies opened up just as I was about to walk down the aisle, transforming our carefully planned outdoor ceremony into a battle against the elements. While we had a glass rain cover for the reception, the aisle itself was not adequately protected, leading to muddy shoes and a slippery situation for my bridal party.<h2 id="8a9dd868-443d-4ee0-9218-bde1191c2b3f">2. Commit fully to local cuisine</h2>One of the highlights of any <a target="_blank" class="" href="https://www.businessinsider.com/couple-marrying-st-lucia-wedding-wedding-tips-advice-2022-6">destination wedding</a> is the opportunity to showcase local flavors.Our guests enjoyed the Thai buffet we offered on the first night, but when it came time for the wedding meal, we veered into Mediterranean cuisine. While the food was presented well, it didn't resonate as strongly with our setting or the experiences we wanted to share. If I could do it again, I would prioritize Thai food throughout the entire weekend.<div type="image" title="Baby being pushed down the aisle during wedding reception." height="3770" width="5655" msid="115234750" hostid="261" sizebytes="825114"></div><h2 id="351f05be-e426-4552-9a12-a77acb7574f4">3. Stick to a strict budget</h2>As our guest list grew from an initial 50 to 139 attendees, so did our budget. <a target="_blank" class="" href="https://www.businessinsider.com/couple-winery-wedding-budget-breakdown-venue-flowers-decor-costs-2024-3">Wedding costs</a> can spiral quickly, especially when you're planning a destination event.With guests traveling in from overseas, we planned a party on Friday with a dinner buffet. On Saturday, we opted for a four-course Mediterranean dinner with four hours of free flow.Once extras, including a Thai noodle cart, flowers, fire-spinning entertainers, and the custom wagon we had built for our son, were added in, it added up to around $500 per guest for the two nights.<h2 id="bf78c090-c5bb-4af4-b832-20b847bf9150">4. Educate guests about the area</h2>Many of our guests were <a target="_blank" class="" href="https://www.businessinsider.com/best-things-to-do-in-thailand-frequent-traveler-multiple-visits-2024-1">visiting Thailand</a> for the first time, and I realized I hadn't provided enough information about the local culture. After the wedding, I found out that most of my guests stayed on the hotel grounds the entire time, and with a bit more guidance, I could have encouraged them to go out exploring.<div type="image" title="Taking shots and dancing during wedding reception." height="4000" width="6000" msid="115234748" hostid="261" sizebytes="657308"></div><h2 id="0aa3b7c1-432b-4389-a52a-ed5c29c3401c">5. Create an inclusive experience for guests</h2>Reflecting on the event, I realize I could have done more to make the <a target="_blank" class="" href="https://www.businessinsider.com/things-to-consider-before-you-have-kid-friendly-wedding-2022-2">wedding more kid-friendly</a>. The celebration unintentionally became quite adult-centric, centered on lively parties and plenty of drinks, which may have led guests with small children to leave early.While we did offer babysitting services and guests had access to the resort's kids' playhouse, I would have provided more activities tailored for parents and children. Simple additions like custom coloring books and goodie bags could have created a more inclusive atmosphere for everyone.

We got married at a luxury resort in Thailand. If I could go back, there are 5 things I'd do differently.

Team India will look to seal the series as they lock horns with Bangladesh in the second T20I of the three-match series at the Arun Jaitley Stadium on Wednesday. Suryakumar's side has already taken a 1-0 lead in the series after clinching a seven-wicket victory over Bangladesh in the first T20I match in Gwalior. India and Bangladesh have faced each other on 15 occasions in the shortest format of the game so far. The Men in Blue have dominated the visitors as they have managed to emerge victorious 14 times. Speaking of the team's form in this format in recent times, the hosts have won all their last five encounters. On the other hand, the Najmul Hossain Shanto-led side have won only one game out of their last five. In the 17th edition of the Indian Premier League this year only five matches took place at the Arun Jaitley Stadium. In these five matches, the teams were able to cross the 200-run mark in eight innings out of ten. So, the match is expected to be a high-scoring clash. The weather at the venue is believed to be clear, with a little bit of dew later in the match, according to ESPNcricinfo. India's left-arm speedster <keyword id="19914486" type="General" weightage="20" keywordseo="Arshdeep-Singh" source="keywords">Arshdeep Singh</keyword> asserted that skipper <keyword id="19908088" type="General" weightage="100" keywordseo="Suryakumar-Yadav" source="keywords">Suryakumar Yadav</keyword> and head coach Gautam Gambhir will check the wicket and share the plan for the game. "We [Punjab Kings] did not play here this IPL, but after seeing the scores, I did not feel like checking the wicket. But yeah, we will come tomorrow and see what could be a good plan here. And of course, the captain and the coach will check the wicket and share their plan," Arshdeep Singh said in the pre-match press conference as quoted by ESPNcricinfo. Further the Bangladesh all-rounder Mahmudullah heaped praise on the team's bowlers saying that they have been doing a wonderful job in the last few years. "Our bowlers are doing a wonderful job for the last few years. I don't think we played that badly in the first game. We shouldn't doubt ourselves based on one game. That'd be unfair. We have to come out of that zone and try to win the game. We tried to play aggressively with the bat. We have to be more organised, which will serve us better," Mahmudullah said. Mahmudullah announced his decision to retire from T20I cricket on Saturday to shift his focus to the ODI format. The final T20I between India and Bangladesh at Rajiv Gandhi International Stadium, Hyderabad, will mark Mahmudullah's final appearance in Bangladesh colours in the T20I format. Squads: India: Sanju Samson (wk), Abhishek Sharma, Suryakumar Yadav (c), Nitish Reddy, Hardik Pandya, Riyan Parag, Rinku Singh, Washington Sundar, Varun Chakaravarthy, Arshdeep Singh, Mayank Yadav, Jitesh Sharma, Tilak Varma, Ravi Bishnoi, Harshit Rana. Bangladesh: Parvez Hossain Emon, Litton Das (wk), Najmul Hossain Shanto (c), Towhid Hridoy, Mahmudullah, Jaker Ali, Mehidy Hasan Miraz, Rishad Hossain, Taskin Ahmed, Shoriful Islam, Mustafizur Rahman, Mahedi Hasan, Tanzid Hasan, Rakibul Hasan, Tanzim Hasan Sakib. SEE ALSO:<a href="https://www.businessinsider.in/business/auto/news/byd-emax-7-electric-mpv-launched-in-india-starting-at-26-9-lakh/slidelist/114046121.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/auto/news/byd-emax-7-electric-mpv-launched-in-india-starting-at-26-9-lakh/slidelist/114046121.cms" target="_blank">BYD eMax 7 electric MPV launched in India starting at ₹26.9 lakh</a><a href="https://www.businessinsider.in/personal-finance/news/heres-how-a-reddit-user-was-able-to-get-an-iphone-16-at-under-27000/articleshow/114035179.cms" target="_blank"></a> <a href="https://www.businessinsider.in/personal-finance/news/heres-how-a-reddit-user-was-able-to-get-an-iphone-16-at-under-27000/articleshow/114035179.cms" target="_blank">Here’s how a Reddit user was able to get an iPhone 16 at under ₹27,000</a><a href="https://www.businessinsider.in/stock-market/news/hyundai-swiggy-ather-upcoming-large-ipos-in-india/slidelist/114014140.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/hyundai-swiggy-ather-upcoming-large-ipos-in-india/slidelist/114014140.cms" target="_blank">Hyundai To Swiggy: Everyone wants to cash in on the IPO bonanza</a>

India eye series win as they take on Bangladesh in 2nd T20I

<ul><li><keyword id="6354427" type="General" weightage="80" keywordseo="apple" source="Orion">Apple</keyword> has launched the <keyword id="8233031" type="General" weightage="80" keywordseo="airpods-pro" source="Orion">AirPods Pro</keyword> 2nd Gen with a USB Type-C port.</li><li>The AirPods Pro 2nd Gen is priced at ₹24,900 and is now available.</li><li>The AirPods Pro 2nd Gen comes with a MagSafe USB-C charging case.</li></ul>Apple hosted its Wonderlust event on Tuesday, where it launched several devices, including the<a href="https://www.businessinsider.in/tech/mobile/news/iphone-15-pro-pro-max-can-record-3d-videos-that-can-be-viewed-on-vision-pro-in-a-magical-way/articleshow/103616220.cms"> iPhone 15 series</a>, the<a href="https://www.businessinsider.in/tech/news/apple-watch-series-9-launch-price-specifications/articleshow/103615055.cms"> Watch Series 9</a> and the<a href="https://www.businessinsider.in/tech/news/apple-watch-ultra-2-launched-new-chipset-better-display-and-a-price-of-799/articleshow/103615933.cms"> Watch Ultra 2</a>. Amid a move to USB Type-C port, the company has also launched the AirPods Pro 2nd Gen with a USB Type-C port. The new AirPods Pro 2nd Gen are offered with a MagSafe USB-C charging case, making it the latest device to make the shift to the USB Type-C port. With this, all the latest Apple devices now feature a USB Type-C port, allowing users to charge all their devices with a single cable. Apart from this, the company has also launched new EarPods with a USB-C port. <cmsannotation type="cmsannotation" annotationid="Apple AirPods Pro 2nd Gen price and availability" comment="subhead" text="Apple AirPods Pro 2nd Gen price and availability"><keyword id="18760137" type="General" weightage="20" keywordseo="Apple-AirPods-Pro-2nd-gen-price" source="Orion">Apple AirPods Pro 2nd Gen price</keyword> and availability</cmsannotation> The <keyword id="15149051" type="General" weightage="100" keywordseo="Apple-AirPods-Pro-2nd-Gen" source="Orion">Apple AirPods Pro 2nd Gen</keyword> has been priced at ₹24,900. While the devices will be available in stores starting from September 22, they are available for purchase on Apple’s<a href="https://www.apple.com/in/shop/product/MTJV3HN/A/airpods-pro"> website</a>. <cmsannotation type="cmsannotation" annotationid="Apple AirPods Pro 2nd Gen features" comment="subhead" text="Apple AirPods Pro 2nd Gen features"><keyword id="8241585" type="General" weightage="50" keywordseo="apple-airpods-pro" source="Orion">Apple AirPods Pro</keyword> 2nd Gen features</cmsannotation> The Apple AirPods Pro 2nd Gen are now offered with an expanded range of ear tip sizes, allowing people with different ear sizes to get the best fit. The new Apple AirPods Pro 2nd Gen is equipped with the Apple H2 Headphone chipset and the MagSafe case is equipped with the Apple U1 chipset. Apple has claimed that the device offers up to two times better active noise cancellation (ANC) than their predecessor. The device also comes with a more immersive spatial audio experience and offers an advanced transparency mode. The AirPods Pro 2nd Gen also offers improved water and dust resistance and is offered with an IP54 rating. It offers up to 6 hours of battery life with active noise cancellation enabled and with the case, this can be increased to 30 hours. When the Vision Pro is launched next year, the AirPods Pro 2nd Gen will offer Lossless Audio with the device. This means that the device will offer audio with ultra-low latency. “The H2 chip in the latest AirPods Pro and Apple Vision Pro, combined with a groundbreaking wireless audio protocol, unlocks powerful 20-bit, 48 kHz Lossless Audio with a massive reduction in audio latency,” Apple said in its post. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/cameras-cars-and-octavia-spencer-all-things-fun-from-apples-wonderlust-event/articleshow/103623461.cms">Cameras, cars and Octavia Spencer – all things fun from Apple’s Wonderlust event</a> <a href="https://www.businessinsider.in/tech/mobile/news/iphone-15-pro-pro-max-can-record-3d-videos-that-can-be-viewed-on-vision-pro-in-a-magical-way/articleshow/103616220.cms">iPhone 15 Pro, Pro Max can record 3D videos that can be viewed on Vision Pro in a ‘magical way’</a> <a href="https://www.businessinsider.in/tech/news/apple-watch-ultra-2-launched-new-chipset-better-display-and-a-price-of-799/articleshow/103615933.cms">Apple Watch Ultra 2 launched – new chipset, better display and a price of ₹89,900</a>

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