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OTB Group, a prestigious Italian luxury conglomerate, has recently procured the remaining shares of Dutch fashion house Viktor&Rolf, thereby securing complete ownership of this innovative label. This acquisition comes after OTB’s initial investment in 2008…
Unilever, the multinational consumer goods conglomerate, has announced plans to acquire Grüns, an American company specialising in green supplement products. Grüns is known for its nutrient-rich powdered supplements, derived from a variety of sources…
In the first fiscal quarter, Swedish fashion powerhouse H&M witnessed a decrease in sales, corresponding with a reduction in the total number of store locations. Sales Performance By the end of the quarter, which concluded on February 28, net sales were…
Reliance Retail, a major Indian retail company, has successfully acquired the skincare and wellness brand, Pahadi Local. Pahadi Local, established in 2018, is well-regarded for its clean ingredient formulations, ethical sourcing practices, and sustainable…
Singapore Telecommunications Limited (Singtel) has divested approximately 0.8% of their direct investment in their regional associate, Airtel. The sale generated SGD 1.5 billion, marking an important step in Singtel’s ongoing plan to streamline operations via…
Swift & Moore, a beverage distributor, has recently formed a collaboration with Otter Craft Distilling (OCD). As part of this new alliance, Swift & Moore will be taking over the nationwide distribution of the Sydney-based distillery’s variety of small-batch…
Viet Thai International (VTI), a global conglomerate, has recently made a significant acquisition by taking over the Vietnam operations of Paris Baguette, a popular Korean bakery chain. The move aims to increase VTI’s presence in the rapidly growing food and…
El Toro has broadened its range of offerings with the introduction of its newest product, Coconut Tequila. This innovative blend marries the robust agave notes inherent in tequila with the smooth sweetness of coconut. This new spirit is characterized by its…
PepsiCo is diversifying its snack offerings in Australia by launching two new formats: Smith’s Crackers and Mini Canisters. These new products are expected to add variety and cater to consumer preferences for diverse flavours and convenient sizes. Smith’s…
Bruno Fine Foods, a leading gourmet food provider, has expanded its premium product line through an alliance with Italian producer Casa Marrazzo, introducing San Marzano tomatoes to its portfolio. Certified Quality The newly added San Marzano tomatoes hold…
In its first major move since going public in September, Farfetch announced Wednesday that it is acquiring sneaker and streetwear marketplace Stadium Goods in a deal that values the business at $250 million. The London-based fashion e-commerce platform is…
Link REIT has reached a conditional agreement to acquire a RMB2.560 billion (US$368.8 million) shopping centre in Beijing. The property, Beijing Jingtong Roosevelt Plaza, is a seven-storey mall housing 268 retail tenants, with 576 car parks on two additional…
Chinese telecoms IT software company AsiaInfo has signed a strategic co-operation agreement with Alibaba Cloud, the cloud computing arm of Alibaba Group. The two companies said they will work together on projects and jointly promote China as a center of…
Here’s your chance to learn how to build a winning portfolio amid the uncertain market. Over the next 12 months, The Sunday Times will feature a new series that will showcase and track the simulated portfolios of three types of retail investors. The year-long…
