Chinese e-commerce giants team up to take on Alibaba Friday, 29th August 2014
Some of the largest Chinese e-commerce companies are joining forces to take on the country’s top internet retailer: Alibaba.
Gap to enter India in partnership with Arvind Ltd. Friday, 22nd August 2014
Arvind Ltd. has announced plans to open retail outlets in India with US fashion label Gap Inc.
Lillywhites debuts in the Middle East with Kuwait stores Monday, 11th August 2014
Elite Brands for General Trading - one of Kuwait’s foremost retailers - has signed a franchise agreement which will herald the expansion of Lillywhites into the Middle East.
Lululemon founder sells half his stake back to the business Friday, 8th August 2014
Chip Wilson, founder of Lululemon, has lured several old colleagues back to the company’s board and, as an incentive, he plans to sell them half of his 27.7 per cent stake in the sportswear retailer.
Australian court approves takeover of David Jones by Woolworths Holdings Thursday, 17th July 2014
An Australian court has approved the takeover of David Jones Ltd by South Africa’s Woolworths Holdings Ltd - a move which clears the way for the USD 2 billion deal.
Alliance Boots moves HQ to Britain to swerve hefty tax payments Monday, 14th July 2014
The majority owner of Boots is on the cusp of announcing a comprehensive restructuring plan that could see its global headquarters moved to the UK for tax purposes.
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