LVMH Moët Hennessy Louis Vuitton SE announced that stockholders of Tiffany & Co. have voted to approve the modified merger agreement announced on 29th October, 2020, relating to the acquisition o…
InterContinental Hotels Group to expand Crowne Plaza brand to Thailand
InterContinental Hotels Group has signed a landmark franchise agreement with real estate experts Siamese Asset to expand its world-renowned Crowne Plaza brand in Bangkok.…
Exor to invest in Chinese luxury group Shang Xia
Exor and Hermès International announced an agreement to take Shang Xia, one of the first Chinese luxury companies, to the next stage of its development.…
Moncler acquires Stone Island
Moncler S.p.A. and Sportswear Company S.p.A., that holds Stone Island brand, announce that they have reached an agreement as a result of which Stone Island joins Moncler to develop together a new shar…
Premium Apparel to acquire Ascena Retail Group brands
Ascena Retail Group, Inc. and certain of its subsidiaries announced that it has entered into an asset purchase agreement with Premium Apparel LLC, an affiliate of Sycamore Partners, to sell Ascena’s A…
Unilever acquires SmartyPants Vitamins
Unilever announced that it has signed an agreement to acquire SmartyPants Vitamins, a U.S.‐based Vitamin, Mineral & Supplement company.…
H&M expands partnership with Renewcell
H&M Group announced that it has reached a multi-year agreement with the innovative Swedish textile recycling company Renewcell to supply it with Circulose® fibers made from unusable textile waste…
KKR and Rakuten to acquire majority stakes in Seiyu from Walmart
Walmart Inc., KKR & Co. Inc. and Rakuten, Inc., announced the signing of definitive agreements under which KKR will purchase a majority stake, and a new Rakuten subsidiary will purchase a minorit…
Diageo partners with JD.com to enter the Chinese market
JD.com and Diageo have reached an agreement to partner on promoting responsible drinking and moderate consumption of alcohol in the Mainland Chinese market.…
Marriott International opens four new hotels in Thailand
Marriott International, Inc. announced it has signed a milestone agreement with Asset World Corp Plc. to add four new landmark properties under three world-class brands across Bangkok and Pattaya, Tha…