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E.l.f., Gap, Wendy's branch into original music — SkimNews

By CNBC · Summarized & edited by · 2026-10-04
E.l.f., Gap, Wendy's branch into original music

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Why it matters: Brand competition is shifting from product features to cultural relevance, and UTA's data ties cultural relevance directly to purchase: 68% of Gen Z buy from brands they view that way. E.l.f.'s decision to plow $50 million in tariff refunds into marketing and the creation of Gap's dedicated chief entertainment officer role show executives now treat entertainment output as core operating expense, not stunt marketing.

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