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UK-based sportswear retailer Castore has recently announced its acquisition of the longstanding footwear brand Grenson Shoes. This strategic move is aimed at bolstering Castore’s financial stability and expanding its product portfolio. Embracing Heritage…
Following public disapproval over a marketing campaign, Starbucks Korea, operated by Shinsegae Group, has announced it will close all stores across the country at 3pm on June 22 for employee training related to historical awareness and social sensitivity. The…
In a strategic move to align its retail footprint with a site steeped in local history and prominent architecture, Lacoste has inaugurated a new flagship store in Hong Kong. This elegant location is situated in the Central district’s Pedder Building, a Grade…
The Federal Court of Australia has ruled in favor of The A2 Milk Company in a trademark lawsuit against its competitor, Care A2 Plus. The A2 Milk Company, a dairy company based in New Zealand, has several registered trademarks in Australia, including ‘A2…
The Singapore-founded super app, Grab, has declared its venture beyond Southeast Asia with a proposed acquisition of Foodpanda’s Taiwan operation, owned by Delivery Hero, for a cash sum of US$600 million. This acquisition is anticipated to conclude in the…
On Monday, the price of gold in Vietnam increased as global rates reached an unprecedented level due to expectations of further reductions in interest rates. The Saigon Jewelry Company saw a 0.57% increase in the price of their gold bars, rising to VND157.5…
The US Federal Reserve has announced a reduction in interest rates by 0.25 percentage points, marking the third consecutive cut this year. However, further reductions in the near future seem unlikely. Federal Reserve’s Position According to Jerome Powell, the…
Vietnam’s seafood exports have consistently shown strong growth, and they are on track to reach an unprecedented high this year, despite certain obstacles. In the initial 11 months of 2025, the total revenue from seafood shipments was over US$10.5 billion,…
Russia’s gold reserves have reached a record-breaking value of US$310.72 billion, a significant increase of 57% from the previous year. According to data released by the Central Bank of Russia as of November 30th, this marks the fourth consecutive month of…
