Unilever Sales Rise More Than Expected, Led by Beauty
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.
Two months after Stefano Gabbana called Chinese consumers an 'ignorant dirty smelling mafia,' the brand remains frozen out of the world's biggest luxury market.
Amazon rose 4.7 percent to $865.0 billion compared to Apple's $864.8 billion market capitalisation on Monday.
Can the Italian label turn Pierpaolo Piccioli’s creative acclaim into commercial success and boost its single-digit growth? Chief executive Stefano Sassi shares his strategy.
Beneath the surface of enthusiasm that fashion creatives harbour for Japan, there is a carefully calculated business rationale for their choice of locale.
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The rise of global markets and social media have changed the equation on cultural sensitivity. It’s time for brands to catch up.
The two companies are teaming up on interactive vending machines in malls of major Chinese cities, as well as on initiatives with beauty and hair salons.
The French luxury conglomerate plans to buy back up to 1 percent of its share capital over a 12-month period.
The e-commerce behemoth came short of Wall Street projections for its quarterly sales and lowered its revenue forecast for the holiday season.
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Hedge funds have piled into a trade that could reap huge profits if loans taken out by mall operators eventually go bust. But there's one catch: the mall industry refuses to die.
The Danish company has recruited Geena Tok from Nike to head its business in China, where it has been challenged by a rise in sales on the grey market.
Boycotts and factory shutdowns? China’s actions against South Korean firms in 2017 may be the model.
Alibaba’s Luxury Pavilion and JD.com’s Toplife are going head-to-head, but which of these specialised platforms is a better partner for luxury brands?
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.
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.”
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.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.