Kiwi dairy company Lewis Road Creamery has signed a deal with American supermarket chain Whole Foods, said to be worth up to US$5 million ($8m) in its first year.…
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Is Victoria’s Secret up for sale?
L Brands, Inc.’s LB shares surged 12.9% during the trading session on 29th January. The stock gained momentum on media speculations that the company is exploring alternatives for its beleaguered Victo…
New Ruby chocolate products launched in Japan
Two years after the global introduction of the first Ruby chocolate products for consumers in Japan, the fourth type of chocolate continues to make waves.…
Chu Ja-hyeon & Woo Hyo-kwang to become a model of Vivlas
Actors Chu Ja-hyeon and Woo Hyo-kwang, who appeared on SBS entertainment program ‘ Dongsang Imong’ recently, were selected as models of the cosmetics brand Vivlas.…
Chinese luxury portal Secoo joins e-commerce battle
The Chinese luxury e-commerce website is preparing to go public in the U.S., filing with the U.S. Securities and Exchange Commission on August 25, in a bid to raise $100 million via an initial public …
Shinsegae to rev up online, overseas expansion
Chung Yong-jin, the vice chairman of South Korean retail giant Shinsegae, said the conglomerate is reviewing various options to improve its online and overseas businesses, while beefing up its offline…
Uber has offered CEO role to Dara Khosrowshahi from Expedia
An Uber spokesperson tells us its board has reached a decision to offer someone the CEO role.…
Record first-half sales for Samsonite International
Luggage company Samsonite International had record half-year net sales of US$1.5 billion, a year-on-year increase of 31.8 per cent.…
Chinese shoemakers ordered to pay New Balance $1.4 million
Three Chinese shoemakers have been ordered by a Chinese court to pay US sportswear company New Balance US$1.5 million in damages and legal costs for infringing its logo.…
Indonesian Go-Jek closes in on new $1.2 billion round
Go-Jek, the on-demand transportation company that rivals Uber and Grab in Indonesia, is getting close to pulling in its next huge funding round.…