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Swiss outdoor brand Mammut is poised for an international growth surge following its acquisition by Chinese investment firm CPE from Jacobs Capital. The transaction will make CPE the majority stakeholder in the distinguished 164-year-old outdoor brand. The…
In the face of global uncertainty, Australians in Sydney have been flocking to buy gold, a traditionally regarded safe-haven investment. Long queues have formed outside gold bullion stores as people patiently wait their turn to secure this precious metal.…
In response to the newly implemented Goods and Services Tax (GST) 2.0 regime, Audi India has released an updated price listing for its various models. The reductions, varying from Rs 2.6 lakh to a substantial Rs 7.8 lakh depending on the model, intend to make…
Hong Kong’s prominent fashion retailer, Giordano, recently announced an increase in their sales for the first half of the fiscal year. This significant improvement in sales is mainly attributed to a substantial surge in the company’s e-commerce operations.…
Homeplus Co, a discount store chain experiencing financial troubles, disclosed on Wednesday its plans to shut down 15 outlets due to increasing operational challenges in the business environment. Undergoing a court-led rehabilitation process since March this…
Luxury fashion brand Loro Piana, a subsidiary of LVMH, has been placed under judicial administration for one year by a Milan court following allegations of labour exploitation within its Italian supply chain. Labour Exploitation Allegations The court ruled…
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