Country Garden’s liquidation case has been adjourned until May 26. The company is working on a debt restructuring plan, aiming to reach an agreement with cred...
Manufacturing & Retail
On Tuesday, Alibaba finalized a deal to sell its stake in Sun Art Retail Group, marking a strategic move to simplify operations. The sale, part of Alibaba’s b...
KKR and Bain Capital, the private equity firms each offered more than $5B in first-round bids for the non-core assets of Japan’s Seven & i Holdings, as pe...
The upscale departmental store Nordstrom has undergone a privatization deal for $6.25 billion with its family members and a Mexican department store chain. This new...
Nike’s Q2 earnings exceeded expectations, signaling the success of CEO Elliott Hill’s profitability strategy. Hill focuses on cost-cutting, product inno...
The founder and owner of Fashion Empire Mango, Isak Andic, death in a mountain accident was confirmed on Saturday by the company as well as the police. Isak Andic, ...
Costco beat Wall Street’s quarterly earnings and sales estimates, on Thursday as its bulk and discounted offerings, as American shoppers went on a spree. This...
French fashion house Chanel has appointed Matthieu Blazy as the new artistic director of the house. Matthieu Blazy who was earlier Bottega Veneta design chief was s...
Thanksgiving weekend breaks shopping records as shoppers surge across retail channels. ...
