Moving forward with plans to invest in the embattled publishing and retail company Lagardère SCA, Groupe Arnault said it will buy 27% of Lagardère Capital & Management, which holds a stake in the…
Korea’s economy rebounded in June
According to the Statistics Korea report, industrial output, consumer spending and corporate investment in June significantly improved.…
Sony to acquire a minority stake in Epic Games
Sony Corporation and Epic Games, Inc. announced that Sony has agreed to make a strategic investment of $250 million to acquire a minority interest in Epic through a wholly-owned subsidiary of Sony.…
Startmeup HK Festival 2020
The StartmeupHK Festival 2020 will be returning from 6-10 July this year and is going virtual!…
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.…
Permira acquires Golden Goose
Golden Goose, Permira and The Carlyle Group announced that a company backed by Permira funds has agreed to acquire Carlyle’s majority stake in Golden Goose.…
L’Oréal sells Roger & Gallet brand
L’Oréal announces that it has entered in exclusive negotiation with the French investment holding Impala for the sale of Roger & Gallet brand.…
Sainsbury aims to become Net Zero by 2040
Sainsbury’s has committed to invest £1 billion over twenty years towards becoming a Net Zero business across its own operations by 2040, aligned to the highest ambitions of the Paris Climate Change Ag…
Australia’s Zimmermann reportedly seeking buyer interest
Australian womenswear brand Zimmermann is reportedly seeking investment from the firms in the U.S., according to local media reports.…
The Mills Fabrica closes 2019 with 9 investments
The Mills Fabrica announces the closing of 9 new investments with techstyle startups that span across the techstyle value chain from material and supply innovation, apparel products merging technology…