BoF compiles the most important professional moves of the week.
Tiffany & Co.’s plunging shares are bringing a takeover of the $11 billion luxury jewellery chain back into the realm of possibilities.
China’s Alibaba Group Holding Ltd plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China’s vast and growing middle class.
Alibaba Group Holding Ltd., China’s biggest e-commerce company, fell for a fourth day in New York, extending a retreat from its November high as the peak shopping season ended and investors await quarterly results expected next month.
Avon Products Inc. boosted sales in Russia, increasing its ranks by tens of thousands in the second half of last year as the plunging ruble prompted more people to seek additional income selling goods door-to-door.
Patek Philippe plans to invest 450 million Swiss francs ($440 million) in its factory in Plan-les-Ouates in Geneva, less than a year after the watchmaker’s chairman said the company may need to leave the city.
Retail sales in Brazil rose in November as consumers pounced on early holiday promotions, reinforcing the rising popularity of the Black Friday shopping trend started in the United States.
Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported quarterly sales that beat estimates, buoyed by strong demand for trenchcoats and cashmere scarves in the Americas.
China has allowed foreign investors to fully own e-commerce companies in Shanghai’s free trade zone as part of a pilot scheme.
Etsy Inc., the global marketplace for handmade and vintage goods is planning an initial public offering that could take place as soon as this quarter.