Sulwhasoo is accelerating its expansion in the North American market by launching in Sephora stores in major cities of the US.…
In Trends
Gap reports fiscal year 2019 results
Gap Inc. reported fourth quarter and fiscal year 2019 results, provided guidance for fiscal year 2020, and announced certain leadership changes.…
Safilo and Isabel Marant announce ten-year plan
Safilo and Isabel Marant announce a new global ten-year license agreement for the design, manufacture and distribution of Isabel Marant sunglasses and optical frames.…
Pepsi acquires Rockstar Energy Beverages
PepsiCo, Inc. announced that it has entered into an agreement to acquire Rockstar Energy Beverages, the popular energy drink maker, for $3.85 billion.…
IKEA expands its in-house design team
IKEA has taken a strategic decision to grow its in-house design team with almost twice its size over the coming two years.…
Tesco sells Malay, Thai business to CP Group
British supermarket chain Tesco agreed to sell all of its stores in Thailand and Malaysia to Thailand’s CP Group entities for an enterprise value of $10.6 billion. …
China’s Shandong Ruyi delays Bally buy on finance troubles
Shandong Ruyi has been reportedly delayed in closing on its purchase of Swiss luxury brand Bally, as it struggles to secure $600 million in financing.…
LEGO announces 2019 full-year report
The LEGO Group reported earnings for the full year ending December 2019.…
Maus Frères International rebrands to MF Brands Group
Having reached a new stage in its history, Maus Frères International is adopting a new name, MF Brands Group, to reflect its new identity, its new organisation and presents the 2019 performance.…
Lewis Road Creamery partners with Whole Foods
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.…