Sea1’s offshore energy support vessel getting lights from Glamox this month
Four offshore energy support vessels (OESVs) being built in China for Norwegian offshore services The post Sea1’s offshore energy support vessel getting lights from Glamox this month appeared first on Offshore Energy. Continue reading →
UAE firm to enrich fleet with two LNG carriers by 2027, first vessel deal now in the bag
On a quest to expand its maritime operations by enlarging its fleet, Dubai-based independent energy and commodities trading group BGN has sealed a long-term liquefied natural gas (LNG) carrier (LNGC) charter with an affiliate of Capital Clean Energy Carriers (CCEC). The post UAE firm to enrich fleet with two LNG carriers by 2027, first vessel deal now in the bag appeared...
J&J’s cardiovascular unit stands out again in Q1
Johnson & Johnson’s strategic shift to higher growth medical device markets like cardiovascular is paying off, as the business was the only medtech unit to grow by double digits in the first quarter. Continue reading →
AIP to acquire Avanos Medical in $1.27B go-private deal
Avanos Medical generated $701.2 million last year from sectors where it competes with Boston Scientific, Medtronic and Stryker. Continue reading →
CBP preps tariff refund portal for April 20 launch
The system will go live at 8 a.m. EDT to begin the electronic returns process for an estimated $127 billion in tariffs, the agency said Tuesday. Continue reading →
Beauty Briefing: The business of being Rachel Zoe
This week, I checked in on Rachel Zoe’s return to the spotlight and how she’s leveraging the value of the “Real Housewives” empire. Additionally, Jo Malone speaks on the Esteé Lauder lawsuit regarding the use of her name, and K18 adds ex-Glossier CMO Kleo Mack to its C-suite. How Rachel Zoe is converting her ‘Housewives’ fame into brand dealsThis is a...
Kering’s $3.9 billion quarter shows Gucci isn’t fixed yet
On Tuesday, Kering reported first-quarter revenue of €3.57 billion, or roughly $3.9 billion, down 6% on a reported basis and flat on a comparable basis. The numbers point to stabilization at the group level, but the story remains unchanged. Gucci is still the problem, accounting for roughly 38% of Kering’s sales, and the turnaround is not landing fast enough. The...
Wellness Briefing: Why every wellness company wants your blood sample, plus news
For the Wellness Briefing, Glossy is unpacking the evolving market of blood panel diagnostics, which were traditionally only ordered by one’s physician but have quickly become big business in the wellness industry. This includes Function Health’s acquisition of Getlabs, announced last week. Additionally, Unilever buys Grüns gummy supplements for $1.2 billion,...
