Online shopping transactions in South Korea grew at the fastest pace in the April to June period from a year ago as online and mobile food and grocery shopping become a norm in Covid-19 environment.…
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Starbucks to sell stake in Starbucks Coffee Korea to E-Mart and GIC
Starbucks Coffee Company announced it has agreed to sell its 50 percent ownership share of Starbucks Coffee Korea Co., Ltd.…
PVH Corp. sells Heritage Business to Authentic Brands Group
PVH Corp. announced that it has entered into a definitive agreement to sell certain intellectual property and other assets of its Heritage Brands business to Authentic Brands Group (ABG) and will exit…
Kering completes the sale of Puma
Kering announces the completion of the sale following an accelerated book building process to qualified investors only of approximately 5.9% of the share capital of Puma SE for a total amount of appro…
LVMH increases stake in Tod’s
LVMH increases up to 10% the shareholding held in Tod’s.…
Exor acquires 24% stake in Christian Louboutin
Exor N.V. and Christian Louboutin announced a partnership to accelerate the next phase of the company’s development whereby Exor will invest US$643.6 million to become a 24% shareholder in Christian L…
Boohoo acquires Debenhams
The administrators of Debenhams UK, FRP Advisory, confirm that Boohoo Group PLG has signed an agreement to buy the Debenhams brand and other business assets including all the in-house brands and websi…
Carrefour SA and Alimentation Couche-Tard Inc. end merger talks
Preliminary discussions around a transaction had been initiated between Carrefour SA and Alimentation Couche-Tard Inc.…
Nestlé to sell Chinese Yinlu business to Food Wise
Nestlé announced that it has agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise Co., Ltd.…
Coty completes the sale of Wella
Coty Inc. announced the completion, on 30th November, 2020, of the sale of a majority stake in its Professional and Retail Hair business – including the Wella, Clairol, OPI and ghd brands (together, “…