Korea’s No. 1 cosmetics maker AmorePacific said it will work to reduce its reliance on Chinese visitors by diversifying its target customers.…
Unilever partners with JD Logistics
Unilever and JD Logistics have signed a Memorandum of Understanding (MoU) to drive sustainable business initiatives in the supply chain.…
Zadig & Voltaire sells minority stake to Peninsula
French luxury fashion brand Zadig & Voltaire has sold a minority stake to UK private equity firm, Peninsula, according to multiple reports.…
McDonald’s partners with Alexander Wang for lunch bags
McDonald’s teamed up with fashion designer Alexander Wang to launch the ultimate lunch bag for its Tmall Super Brand Day sales event in December 2019: a limited-edition black, rattan picnic basket.…
L’OCCITANE launches Ecosystem Restoration Fund for climate emergencies
L’OCCITANE Group announced the creation of a fund to support ecosystems that are severely affected by natural disasters, such as the devastating fires in the Amazon and Australia.…
Carrefour acquires Dejbox to expand on its e-grocery
The Carrefour Group, one of the world’s leading food retailers, announces its acquisition of Dejbox, a pioneer in lunch delivery for business employees located in suburban and outlying areas.…
Gap no longer separates from Old Navy
Gap Inc. announced that the company no longer intends to separate Old Navy into a standalone public company.…
Australian fashion brand Bardot to shutter 58 stores nationally
Australian women’s fashion brand Bardot announced its plans to shutter 58 stores nationally, resulting in a loss of some 530 jobs.…
Watsons partners with Tencent-owned WeChat Work
Watsons, the flagship health and beauty brand of A.S. Watson Group, has partnered with Tencent-owned WeChat Work to introduce Watsons China’s WeChat Work platform and plan to first launch Cloud-based …
New Guards Group acquires Opening Ceremony
Farfetch-owned New Guards Group (NGG) has acquired cult retailer Opening Ceremony, with the latter announcing it will shutter all physical stores in 2020 as a result of the takeover deal.…