Luxury retailer Pink Shirtmaker is reportedly up for sale, with parent company LVMH looking to offload the corporate menswear brand, as the demand for office wear during the Covid-19 pandemic declines…
Korean Air to sell its catering and duty-free business
Korean Air, Korea’s biggest carrier, said it will sign a deal soon to sell its in-flight catering and duty-free business to a homegrown private equity fund amid the growing impact of the coronav…
Ted Baker to sell London’s headquarters
Ted Baker exchanged contracts with British Airways Pension Trustees Limited in respect of the sale of the entire issued share capital of Big Lobster Limited.…
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. …
Korea’s Shilla Duty Free leaps to No. 3 after Lotte in global sales
Two Korean names made the global top three tax-free ranking.…
Patek Philippe may come up for sale
Patek Philippe, the closely held maker of $10,000-plus Calatrava watches, may be coming up for sale.…
French Connection seeks buyer
Shares in French Connection rocketed on Monday following confirmation that the retailer is up for sale.…
Retailers are cranking up the gears for this year’s Great Singapore Sale
In light of a weakening retail environment here, retailers are looking to the annual, month-long Great Singapore Sale (GSS).…