As part of its acceleration strategy in e-commerce, L’Oréal announced a minority investment in US-American social selling platform Replika Software, Inc., made through its corporate venture capital fu…
The Londoner Macao launches its first phase
The Londoner ® Macao, Sands China Ltd.’s bold British-themed reimagining of the Sands ® Cotai Central integrated resort, will launch its first phase, offering British history and culture alongside a t…
Gulf Marketing Group acquires Royal Sporting House
Gulf Marketing Group, Middle East’s family-owned holding companies, is expanding its global presence in the sports retail market through the purchase of Royal Sporting House, a multi-brand sport…
Epsilo receives funding from Sequoia Capital India’s Surge
Epsilo, an end-to-end e-commerce marketing stack based in both Singapore and Vietnam, announced US$2 million funding led by Sequoia Capital India’s Surge.…
L Catterton invests in Function of Beauty
Function of Beauty, a creator of customizable hair, skin, and body care products, announced that it has received a $150 million strategic minority investment from L Catterton, the global consumer-focu…
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…
H&H Group acquires Solid Gold Pet
Health & Happiness Group International Holdings Ltd has announced the acquisition of Solid Gold Pet at Enterprise Value of US$163 million, signaling its strategic expansion in to pet health and w…
Alibaba Group acquires Sun Art Retail Group
Alibaba Group Holding Limited announced it will invest approximately US$3.6 billion in respect of Sun Art Retail Group Limited that will raise its aggregate direct and indirect stake to approximately …
Groupe Arnault to acquire 27% stake of Lagardère Holding Company
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.…