Ginny Kosolda
๐ค SpeakerAppearances Over Time
Podcast Appearances
Dolce & Gabbana CEO Stefano Gabbana is no longer chair of the fashion house.
Reuters says Gabbana stepped down as chair in January.
Reports say he's considering options for his 40% stake in the business.
The company's in talks with banks about its debt and is said to be considering selling real estate and taking other steps to raise money.
Stefano Gabbana co-founded the company with Domenico Dolce in 1985.
Alfonso Dolce, Domenico's brother, has been named the new chair.
Vogue says Stefano Gabbana will continue with his creative activities for the business.
Ginny Kosolda, Fox News.
Target says it will only carry cereals made without certified synthetic colors.
The company says it's worked closely with national brands and its partners producing store brands to reformulate products where needed.
It expects the change to be implemented by the end of May.
Chief Merchandising Officer Cara Sylvester says, We know consumers are increasingly prioritizing healthier lifestyles, and we're moving quickly to evolve our offerings to meet their needs.
PepsiCo, Campbell's, ConAgra Brands, and others have all announced eliminating artificial dyes in response to demand from customers and the Trump administration's Make America Healthy Again initiative.
Ginny Kosolda, Fox News.