CEO Pieter Erasmus sees opportunity to open as many as 600 outlets in Brazil in the next five to seven years and has identified three other possible countries in the region, even as far as Mexico.
The rise in shop prices slowed to 0.6 percent in the first week of May, its lowest since the end of 2021, the British Retail Consortium said on Tuesday.
Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people familiar with the matter, extending a strong rebound in European listings this year.
The funding round was led by Walmart, which last year invested nearly $600 million in the homegrown e-commerce firm that competes with Amazon.com Inc. in India.