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Beatrice Monguidi has been named the new CEO of Rimowa, the renowned suitcase brand, by LVMH. She will officially assume her duties starting June 1. Monguidi will directly report to Pietro Beccari, who holds the dual roles of Chairman and CEO of both the LVMH…
Coty, a leading global fragrance corporation, has inaugurated a unique retail concept store located in Mong Kok, Hong Kong. This revolutionary store, known as My Scent Edit, is situated within Langham Beauty. It is a multi-brand store, providing an immersive…
IKEA Japan is set to shut down its Harajuku and Shinjuku city-format stores later this month. This brings an end to the retailer’s brief yet notable venture in two of Tokyo’s bustling shopping districts. Details of the Store Closures The renowned Swedish home…
After 54 years in operation, the popular Japanese burger chain Lotteria is set to be rebranded as Zetteria, beginning in March. The Lotteria brand first entered the market in 1972, establishing its inaugural outlet in Tokyo. The decision to retire the brand…
Hermes, the renowned French purveyor of luxury goods, has revitalized its presence in Hanoi by relocating its boutique to a fresh, new spot on Trang Tien Street. Moving to a Classic Setting Having been in its previous location for several years, the Hermes…
Heineken’s chief executive officer, Dolf van den Brink, has announced that he will be relinquishing his position on May 31, putting an end to his near six-year tenure as the leader of the renowned Dutch brewer. Career Overview of an Esteemed Leader Van den…
The commencement of a new joint venture between South Korea’s Shinsegae Group and China’s Alibaba International has been viewed by many as an indication of impending transformation in the country’s e-commerce market. The New Venture: Grand Opus Holdings…
Del Monte Foods, a renowned food production company, has recently applied for Chapter 11 bankruptcy protection within the United States. This move comes as a part of the company’s strategy to facilitate a successful sale of its business operations.…
