19 November, 2019
11.20.19 Xmass early start, Oat-gurt is here, Kylie is cashing out and Ham prices are rising!
Hey folks, we thought we’d share some dinning and Entertainment news.. along with some fun facts…
Christmas creep is real. It’s not just stores trying to jump-start the holiday season earlier every year. Consumers are also shopping earlier: 40% of holiday shoppers and 51% of moms, who still do most holiday shopping, start buying before November. Meticulous millennials — who often shop with scrupulously organized spreadsheets — are also driving the increase in early sales.
The age of oat-gurt is here. Chobani, which became a business behemoth that does $1.5B in annual revenue by selling Greek yogurt made from cows’ milk, announced that it will launch an entire line of oat milk-based products in January.
Kylie is cashing out. Kylie Jenner, who’s (controversially) been called the “youngest self-made billionaire” by Forbes, just sold a 51% stake in Kylie Cosmetics to Coty, a beauty conglomerate that owns other brands like CoverGirl, for $600m. The deal values her company at $1.2B.
Don’t like turkey? You’re going to get screwed this Thanksgiving. Ham, Thanksgiving’s perennial consolation dish, is at its highest price in years because African swine fever has dented the supply of pig in China (don’t expect prices to fall in time for Christmas either).
for more on Dining and Entertainment click Outwithjoe.com …
and follow us on Social Media @outwithjoe.. .. this out with Joe from the Cantiani Insurance studios..