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Retail giant Miniso has unveiled a HK$2 billion (approximately US$255 million) share buyback initiative. This strategic move comes several months after Guofu Ye, Miniso’s founder, chairman and CEO, vowed to augment his personal stake in the company. The…
Chelsea Chu, a veteran banking executive, has been appointed to head the corporate banking division of the American financial institution, Citi, in Taiwan. Based out of Taipei, Chu is expected to leverage her considerable experience in banking to enhance the…
Berlin-based platform Highsnobiety is set to halt its e-commerce operations by the end of the current year in a strategic pivot towards its foundational publishing and cultural agency operations. Restructuring and Refocusing As part of a larger restructuring…
Grab Holdings, a Singapore-based tech company, surpassed Wall Street’s revenue expectations in Q2, with a surge in consumption across its ride-hailing and food delivery services, seemingly unaffected by global economic uncertainties. Superapp Drive Pays Off…
Le Pain Quotidien, a renowned Belgian bakery-cafe chain, has made a comeback in the Indian market by establishing a fresh outlet in Palladium Mall, Mumbai. The brand’s return is facilitated through a master franchise agreement with Bake & Brew Private…
Myntra, a Flipkart-owned Indian fashion platform has roped in local tailors to pick up packages from warehouses and deliver to customers to mend the sales gap caused by the return of ill-fitting clothes. The move is set to minimize business losses by cutting…
