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Peloton stock slump deepens on treadmill recall

SHARE Peloton’s earnings report on Thursday was supposed to be the company’s chance to show off faster product deliveries. Instead, the equipment-maker finds itself in a tight spot over treadmill recalls that has investors second-guessing their devotion to a foundering stock. After weeks of pushing back against US regulator warnings about Peloton’s treadmills following the death of a child and other safety incidents, the recall jarred traders and even prompted a rebuke from a senator. The stock sank 15 per cent, the most in six months, as investors considered the costs in addition to potential knock-on effects that could threaten sales growth.

Rimmel London Announces Adwoa Aboah As New Global Brand Activist

Rimmel London Announces Adwoa Aboah As New Global Brand Activist USA - English Share this article Share this article LONDON, May 6, 2021 /PRNewswire/ Rimmel London is proud to announce international model and mental health advocate, Adwoa Aboah, as the new global activist for the beauty brand. Celebrating bold individualism, Adwoa will be the face of major beauty campaigns and product launches throughout 2021 and beyond. Adwoa and Rimmel London are like-minded in advocating self-expression and believe in the freeing power of makeup, not to transform but to empower all wearers. Adwoa Aboah for Rimmel London (PRNewsfoto/Rimmel London) Born and raised in London, Adwoa began modelling at the age of 18 and landed her first VOGUE cover at the age of 22. Having modelled for some of the world s most internationally renowned and iconic fashion houses, Adwoa now joins a long list of trailblazing women who have previously been the face of Rimmel London, including Kate Moss, Georgia Ma

Information VP closes $101m fintech fund

Romania s retail turnover up 4 1 pct in Q1

06/05/2021 10:17 Romania s retail trade turnover (except for trade in motor vehicles and motorcycles) was 4.1 percent up in Q1 as unadjusted series from the same period of 2020, the National Institute of Statistics (INS) informs on Thursday. According to statistical data, growth in the retail trade turnover was the effect of the upward trend in sales of non-foods (+11.2 percent) and of food, beverages and tobacco (+ 0.1 percent). Conversely, there was a 1.6 percent drop in retail volumes of motor fuels sold in specialized stores compared to the first quarter of the previous year. Expressed as workday and seasonally adjusted series, the retail trade turnover was 0.8 percent up in Q1 from the same period in 2020, mainly as a result of growth in sales of non-foods (+10.8 percent). Retail sales of food, beverages and tobacco fell 3 percent, and the volume of automotive fuel retail sales in specialized stores dipped 2.1 percent, reports Agerpres.

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