Millet Edelweiss Holdings Co. (MEH), South Korean sales entity of French outdoor equipment and apparel brand Millet, is put up for sale amid sluggish sales in the Korean outdoor apparel market.…
Starbucks stock rose 10% in June 2019
Shares of Starbucks (NASDAQ: SBUX) perked up more than 10% in June, according to data provided by S&P Global Market Intelligence.…
Shopee partners with Beiersdorf on new campaign
Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, and Beiersdorf, a global skin care company, cement their long-term regional partnership with the launch of a brand new campaign, ‘…
Mexico’s Grupo Sanborns to increase its stake in Miniso
Mexico’s Grupo Sanborns announced that it has agreed to increase its stake in Chinese retail company Miniso, by some 18%.…
Roberto Cavalli acquired by Damac Properties
Roberto Cavalli has a new owner.…
Barneys New York prepares for a bankruptcy filing
Luxury retailer Barneys New York is making preparations for a bankruptcy filing that could come as soon as this July, people familiar with the matter tell CNBC.…
Korean duty free sales maintain double-digit growth
Duty free sales in South Korea climbed by 26 percent year-on-year in June 2019, as the market maintained its strong growth trajectory.…
China’s Vipshop acquires Shan Shan Outlets
Vipshop Holdings Limited (NYSE: VIPS) announced that it has entered into a share purchase agreement with Ningbo Xingtong Chuangfu Equity Investment Partnership and Shan Shan Group Co., Ltd.…
Colgate to acquire skincare brand Filorga
Colgate-Palmolive Co. said it would buy the skincare unit of France’s Laboratoires Filorga Cosmétiques for 1.50 billion euros ($1.69 billion), as the consumer goods company bolsters its personal…
Safilo and Dior end licensing agreement
Safilo Group’s licence agreement for Dior and Dior Homme sunglasses and optical frames will end on the expiry date of 31 December 2020, with no renewal planned.…