LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The world’s biggest retailer would invest in Flipkart as part of a proposed deal that would increase the startup’s valuation as high as $20 billion, according to a person familiar with the matter.
The tweak reflects how customers commonly refer to the company, and supports its aim to serve customers both in physical stores and online.
The company has been looking to slim down its operations as it boosts wages for employees and ramps up e-commerce spending to compete with Amazon.com Inc.
The retail giant has selected 500 businesses to take part its annual "Open Call" day to help search for new products to sell in its stores as it battles Amazon for billions of dollars in revenue.
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BENTONVILLE, United States — Wal-Mart Stores Inc.'s e-commerce store won't be offering free unlimited shipping this holiday season, encouraging
The sight of Wal-Mart Stores Inc. falling earlier this month by the most since 1988 sent shock waves through stock markets. But that doesn’t mean investors are souring on US consumers.
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The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.