Business

Turn Down For What? Cardi B's Tom Ford Lipstick Sells Out In Less Than A Day

Cardi B’s little tussle with Nicki Minaj over the weekend doesn't look like it'll be bad for business. On Sunday, Tom Ford announced the release of a lipstick named after the Bronx rapper in a beautiful shade of cobalt blue. Less than 24 hours later, Cardi broke the news that the lipstick is sold out.

Nike's Online Sales Up 31 Percent After Launching Colin Kaepernick Ad

Talk of Nike Inc. sales taking a hit from the company’s decision to put ex–NFL player Colin Kaepernick at the center of its latest “Just Do It” campaign is looking overblown, based on data from a Silicon Valley digital commerce research company.

After an initial dip immediately after the news broke, Nike’s NKE, -0.07% online sales actually grew 31% from the Sunday of Labor Day weekend through Tuesday, as compared with a 17% gain recorded for the same period of 2017, according to San Francisco–based Edison Trends.

Gay Dating App Grindr Set To Hit Stock Exchange

Grindr, the gay dating app owned by Chinese gaming company Kunlun Group, has received approval from its parent’s executive board for an overseas public listing.

The timing of the listing is dependent on conditions in the international capital market and progress of approval from domestic and overseas regulators, Kunlun said in a public filing on the Shenzhen stock exchange on Wednesday. While the executive board has approved the listing plan, it still needs approval by the shareholder board.