Latest news with #Ferraro


Hindustan Times
16 hours ago
- Business
- Hindustan Times
Nutella unveils its first-ever new flavor in 60 years: Here's when it will hit U.S. shelves
Nutella is making history with the launch of its first-ever new flavor in six decades. Since debuting in 1964, the beloved hazelnut spread has become a household favorite worldwide, known for its signature taste and loyal fan base. Despite its massive popularity, Nutella has never officially launched a new flavor—until now, marking a major moment for the iconic brand. Also Read: Hooters announces shutdown of over 30 restaurants: See full list of which locations closed In a press statement earlier this week, Ferraro, the parent company, revealed a new Peanut Nutella flavor. The company called the new flavour 'a bold yet natural evolution for a product rooted in tradition but ready to surprise,' adding that it 'combines the distinctive creaminess of Nutella cocoa hazelnut spread with the delicious taste of roasted peanuts,' as reported by the Daily Mail. The Chicago Tribune revealed that the production of the new product will also begin in the US at its Franklin Park and Ferraro will 'invest $75 million in the plant'. This will also generate new job opportunities. Seth Gonzalez, Nutella's senior director of marketing, clarified that the new product should not be mistaken for peanut butter. He told Tribune, 'We didn't want it to be another peanut butter; there's a reason why cocoa is still connected as a peanut-and-cocoa formula, instead of just peanuts.' Also Read: One Piece LEGO sets inspired by live-action series officially revealed: Release date, preorders, and full set list The new Nutella spread is set to hit U.S. store shelves by spring 2026—but there's a catch. Despite global excitement, the new flavor will be available exclusively in the United States. Michael Lindsay, who is the President and Chief Business Officer of Ferrero North America, shared, 'Developing Nutella and Ferrero Rocher products specifically for the North American market represents a defining moment in our company's history,' as reported by the Daily Mail. He added that these new products are designed to connect with both 'loyal fans' and 'new consumers', strengthening Ferrero's leading position in North America
Yahoo
2 days ago
- Business
- Yahoo
Nutella just announced its 1st new flavor in over 60 years. Not everyone's excited about it.
Iconic hazelnut and cocoa spread Nutella is debuting a new flavor in spring 2026, and it's ideal for peanut butter enthusiasts. The original Nutella, which hails from Italian company Ferraro, is synonymous with the rich taste of chocolate and hazelnut. The new flavor — which marks Nutella's first since 1964 — adds a twist to the original recipe. It's called Nutella Peanut, and, according to the Ferraro website, the new product blends the 'distinctive creaminess of Nutella cocoa hazelnut spread with the delicious taste of roasted peanuts.' 'Developing Nutella and Ferrero Rocher products specifically for the North American market represents a defining moment in our company's history,' Michael Lindsey, Ferraro's North America president and chief business officer, said in a statement. 'These innovations will engage both loyal fans and new consumers, boosting our power brands and further solidifying our position as a category leader in North America.' Another bonus? Nutella Peanut is also dairy-free and, though not marketed as such, appears to be a vegan product as well. This comes on the heels of Nutella's plant-based versio, which launched in 2024 and is available only in select markets in Italy, France and Belgium. While the new flavor won't be on the market for another year, people who have not yet tried the product are already sharing their strong opinions on social media about the vegan peanut spread. 'Hazelnuts to peanuts??' one commented on a TikTok sharing the news. 'So they're making peanut butter.' 'Why do we need peanut flavored nut butter?' another questioned in a separate comments section. Others were unhappy that the new flavor includes peanut, as it is a common allergen: 'Wasn't the whole point of Nutella is to be a replacement for peanut butter for those who couldn't eat it?' one asked. Another noted that they only reason they choose Nutella is that they are 'allergic to every nut' with the exception of hazelnuts. A third wrote that they love that the new flavor is dairy-free but noted they really love the taste of the hazelnut spread. 'Can we have the regular flavor but just dairy free?' they asked, noting that other dairy-free Nutella-like products out there are 'always peanut- or almond-based' with 'no hazelnut in sight.' (It's worth noting that Nutella Peanut will incorporate hazelnut as well as peanut.) Still, others were excited: 'I'm dairy-free so this is a win for me,' one Nutella fan added. Another shared, 'As someone who's allergic to dairy I'm very excited.' Meanwhile, people were also inspired to share their own ideas for the next Nutella flavor. Plenty of people were hoping that the next flavor would incorporate pistachio for a Dubai chocolate bar take, while others asked for white chocolate or strawberry. And, hey, given that this is the first new Nutella flavor in more than six decades, the sky really is the limit.


Miami Herald
04-05-2025
- Sport
- Miami Herald
Top 10 Active NHL Players With The Longest Playoff Droughts
By Jack Sponagle, The Hockey News Intern Jeff Skinner's streak of 1,078 games without making thepost-season is over, as he has played one playoff game with the Edmonton Oilers this spring. Ron Hainsey used to have the record of 907 games before he finally gotinto the 2016-17 playoffs with the Pittsburgh Penguins, and then went all theway to a Stanley Cup victory. While both of those droughts were long, at least theycame to an end. That wasn't the case for Guy Charron, who saw action in 734 NHLgames in the 1970s and early 1980s with the Montreal Canadiens, Detroit RedWings, Kansas City Scouts and Washington Capitals and never once made it intothe post-season. Here are the 10 active NHL players with the most gamesplayed without ever making the playoffs. With Skinner's 1,000-plus game drought over, thehard-hitting Philadelphia Flyers blueliner is now the league leader in thisunfortunate stat. He has played in the NHL for 12seasons, eight with the Buffalo Sabres and four with the Flyers. The Buffalo Sabres defenseman – and No. 1 overall draftpick in 2018 – made the jump to the NHL at age 18. He's now 25 and stillwaiting to see post-season play. The Sabres lastmade the playoffs in 2010-11, when Dahlin was 11. The third consecutive player to have ties with theSabres, Thompson was traded to Buffalo by the St. Louis Blues in the deal thatsent Ryan O'Reilly the other way. O'Reilly helped lead the Blues to thefranchise's first Cup. Thompson, meanwhile, hasn't played in the first roundyet. The 27-year old University of Denver product is 73 gamesaway from his 500th outing without his chase for Lord Stanley's Cup ever reallystarting. Terry has been with the Anaheim Ducks for all eight of his seasons inthe NHL, but has yet to appear in the post-season. Ferraro is another veteran player on another strugglingCalifornia team. The San Jose Sharks haven't made the playoffs since 2018-19,and Ferraro played his first game with the Sharks the following season. The final player on this list to have spent time inBuffalo is Jokiharju, who's now with the Boston Bruins. The defenseman spentsix seasons with the Sabres after one year with the Chicago Blackhawks. He wasdealt to the Bruins at this year's trade deadline, and the team failed to make the playoffs for the first time since 2015-16. The ninth-overall pick in the 2017 NHL draft is a memberof a Red Wings team that has missed out on the playoffs for the ninth-straightyear. Rasmussen has been with the team for six of those seasons. The 25-year-old Swede is still relatively early in hiscareer, which has been entirely spent with the Ducks. His teammates, TrevorZegras (268 games) and Mason McTavish (229 games) are both headed for spots onthis list if Anaheim can't turn in some positive results. Lundestrom's countryman Raymond is another young,promising forward who has yet to get a crack at the playoffs. He's an importantcog in the Red Wings' machine, as one of many promising young players that Detroithas picked up in the last nine years of being in the draft lottery. The final player to crack the top 10 is the 25-year-old Blackhawks center. A fourth-round choice in 2018, the Swiss native has featured in over300 matches with the Hawks, none coming after the regular season's 82nd edges out Calgary's Morgan Frost (310) and Blackhawks teammate Joe Veleno(306). Perhaps not the honor he would most want to have. Get thelatest news and trending stories by following The Hockey News on Google News and bysubscribing to The Hockey News newsletter here. And share your thoughts by commenting belowthe article on Copyright 2025 The Hockey News, Roustan Media Ltd.


Business of Fashion
02-05-2025
- Entertainment
- Business of Fashion
The Resale Rockstars Selling Jeans for $20,000
NEW YORK — Offset, Tyga, Drake, Playboi Carti, Central Cee and Shai-Gilgeous Alexander have all been spotted slipping into 151 Spring Street for a retail fix that hits harder than the big-brand luxury boutiques that crowd Soho. Upstairs away from prying eyes, Vincent Ferraro and Dave Singh, the controversial fashion resellers known as 4G, run an appointment-only space where big-time rappers, basketball players and other moneyed menswear aficionados, seeking privacy and a cred factor most retailers can't match, come to hang out and drop serious cash for ultra-rare Chrome Hearts jeans ($19,500), Enfants Riches Déprimés T-shirts ($1200), and Raf Simons hoodies ($8800). 'These guys could fucking chill here with no paparazzi or cameras in their face,' says Ferraro, the business' frontman. 'They can't do that anywhere else.' 4G — which also hosts private, tightly curated pop-up shopping events, selling in cities like Paris and Miami (where they recently sold $250,000 worth of goods in just two days out of two Rimowa suitcases) — has grown quickly in recent years but remains relatively small. Vincent Ferraro and Dave Singh have doubled 4G's sales revenue each year since 2020. (Riccardo Gomes) According to Singh, who oversees business operations, the company has doubled its revenue each year since 2020 and is on track to generate $12 million in 2025, aided by growing sales of womenswear and in-house label Go Fuck Yourself, which offers vintage items silkscreened with the 4G logo as well as streetwear staples like the bandana Playboi Carti wore courtside at a Hawks vs Trail Blazers game last month. But in today's 'boom boom' era, when social media is awash in 80s-style excess, a piece from 4G has become a key fashion flex for a highly visible crowd who post pics of themselves on Instagram carrying the reseller's logo-stamped green shopping bags — in part because an invitation to shop with Ferraro and Singh is as exclusive as the items on offer. Playboi Carti wore a 4G bandana courtside at a Hawks vs Trail Blazers game last month. (Getty Images) Ferraro and Singh aren't the first to bring a curatorial eye and celebrity following to the fashion resale space. Justin Reed, who runs a celebrity-favourite showroom in Los Angeles, and Luke Fracher of Luke's are part of a wave that turned reselling from side hustle to high-end business as the category grew from flipping Air Jordans to trading in luxury goods. But 4G has become particularly famous — some would say infamous — for cultivating a highly influential crowd willing to pay stratospheric prices for a piece of the action. It hasn't hurt that Ferraro and Singh look a lot like their rockstar clients — heavily tattooed, iced-out in Alex Moss jewels, and dressed in baggy Chrome Hearts fits — nor that their Spring Street space feels like a clubhouse where they entertain and pose for pics with key clients, forging the kind of high-touch customer relationships that are rare in traditional retail. To be sure, the duo are savvy marketers and no stranger to a social media stunt. In 2023, Ferraro threw a pair of $10,000 Chrome Hearts jeans off the balcony of their showroom and into a crowd of awaiting fans. The author has shared an Instagram Post. You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: YouTube, Instagram or Twitter), in order to view embedded content in this article and others you may visit in future. 'The thing that's so special about 4G is that they're not just selling clothes — they're selling a lifestyle,' says Arun Gupta, founder of resale site Grailed, where Ferraro and Singh became power resellers and still drive significant revenue. The platform is also a useful marketing tool. 'We'll have a pair of jeans listed for $80,000 on Grailed, which gets a lot of attention and also brings customers to our stores,' explains Singh. 4G has plenty of haters on Reddit, who claim Ferraro and Singh are trustafarians. But their rise to reseller fame is, in fact, a tale of how lower middle-class kids from New York's outer boroughs became Manhattan insiders through grit, hustle and gumption. Ferraro, then a club promoter, first dipped his toes into the resale business in 2011 with an eBay account because he needed money to 'live that New York life,' he says. 'It was the only way to get money for clothes.' His first listing was a pair of Gucci gloves that sold for $200. He discovered he had a knack for finding rare items, then began to scale his side hustle by buying items to resell from the Woodbury Commons outlet. The following year he met Singh, when the two found themselves modelling for a mutual friend's now-defunct jewellery brand. In 2016, Ferraro and Singh, now a duo, started selling on Grailed, where they became one of the platform's top power resellers. In 2019, they scraped together about $120,000 to open their first physical space and invest in inventory. The following year, when Covid hit, 4G, like many resellers, benefitted from the store closures and stimulus checks that reshaped retail. The author has shared an Instagram Post. You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: YouTube, Instagram or Twitter), in order to view embedded content in this article and others you may visit in future. Sourcing is the lifeblood of resale and Ferraro, who is in charge of buying, has an eye for special pieces, ballsy sourcing skills (he's even bought clothes right off someone's back at a club) and an appetite for risk. 'He stretched himself to get those things,' explains Gupta. 'He didn't grow in an incremental, safe, by-the-books way, because he's not a safe, by-the-books kind of guy. He went balls to the wall.' Singh says their secret is not only selling to stars but sourcing from celebrities, who trust them to resell their clothes. 'These relationships have been built over 10 to 15 years,' adds Ferraro. The author has shared an Instagram Post. You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: YouTube, Instagram or Twitter), in order to view embedded content in this article and others you may visit in future. Part of the promise for stars and other high-spenders is that, with 4G, you're not only buying a piece with high clout factor, but that you can flip it when you're done with it. 'The big problem with primary retail is the same as with used cars,' says Gupta. 'As soon as you wear that leather jacket out of the store, you probably lose 50 percent of its value. But not when you buy from 4G — you don't lose anything.' 'With our clothes, even though the price is 5k, over the years it can be worth 30,000,' says Singh. 'They are liquid assets.'


BBC News
12-04-2025
- Sport
- BBC News
The Boat Race: Oxford v Cambridge is not Sunday's only rivalry
This Sunday sees the 170th men's and 79th women's Oxford and Cambridge boat races take place on the Thames. Crews will battle it out over a 4.25mile stretch of the river, between Putney and Mortlake, in front of an estimated crowd of 250, some, though, it's not just Oxford against Cambridge, but north London against south London. Cambridge president and occupant of the bow seat, Luca Ferraro is a north Londoner who grew up in the shadow of the Emirates stadium. He learned to row in Hackney when he was 15. And sitting in Oxford's Blue Boat is south Londoner James Doran, who said he is "really proud" of being local to Putney, where he first took to the Tideway. Doran - who had "always loved the Southbank - the food, the culture and the people" said he used to travel on the bus on Boat Race day and "try to peek over people's shoulders as a kid. "It's great fun."And Ferraro agreed about the significance of the event: "The Boat Race is a real fixture in British sport, the tradition is a huge part of the enduring appeal and the pride people take in the history of it."I'm so grateful for the really committed and talented coaches that poured hours of work into training us. "It was such a nice, welcoming way to get into the sport, as someone who didn't have a clue how it worked when I started." Cambridge have won five of the last six men's races and seven women's races in a row. "Out on the water, the rivalry really is real," Ferraro said. "I'm a racer at heart, all I really care about is getting to the finish line first."The team is so different every year, as is the race, it really does feel like its own thing every year. "We take each boat race as it comes, it feels like it's own special thing. "So, we'll see what happens in this one." Doran, who also revels in the rivalry, said Oxford's goal was to put together their best said they have a new coach and team this year, including three who took part in the Paris Olympics. "We are really looking forward to the day, we are extremely determined and excited. Our best performance, we hope, is to get the job done on the day."Both oarsmen competed in the previous two races, with Ferraro hoping for a hat-trick and Doran wishing to break a losing Cambridge rower said winning was "an indescribable feeling"."To go through that much work - six months of gruelling training and a lot of sacrifice, putting your life on hold to balance the studies and the training."To have it pay off in the end, with such a close bunch of mates, is an unbelievable feeling."And his Oxford rival added: "It's great to feel part of something that everyone has an affiliation to and a choice in a team sport."I've always had really fond memories of being here and I've always wanted to this race. "I'm really lucky to be doing my third one now."