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 European Commission has been investigating the e-commerce giant since July last year following complaints from traders about the company's practices.
The deal rewards Hanoi for its progress on labour guarantees with a 99 percent reduction in tariffs, while sanctioning Phnom Penh for human rights abuses.
UK Prime Minister Boris Johnson, who had pledged to deliver Brexit on October 31, 2019, had to request a postponement after parliament down-voted his proposed timetable for ratifying his withdrawal agreement bill.
The bloc's approval isn’t automatic and requires the unanimous agreement of national leaders from all 27 member states.
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The rise of the Greens, the effect of a young Swedish climate activist and the entry of French President Emmanuel Macron's party into the European Parliament are likely to result in a more climate-oriented EU trade policy.
The rise of the Greens, the effect of a young Swedish climate activist and the entry of French President Emmanuel Macron's party into the European Parliament are likely to result in a more climate-oriented EU trade policy.
The investigation began in June 2017 following a year-long inquiry into the cross-border online sales practices of 1,900 companies.
In an open letter, tech company chief executives call for a change in European regulations making stock options complicated and costly.
AliExpress, Amazon, eBay and Rakuten-France committed to the pledge as part of broader Commission efforts to tackle an array of dangerous or illegal content online.
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The French designer went to court in The Netherlands to prevent a high street chain from selling its own versions of high-heeled shoes with red soles.
The European Union is preparing punitive tariffs on iconic US brands, raising political pressure on President Donald Trump to ditch his plans for taxing steel and aluminium imports.
The European Court of Justice's verdict might mean that the shoe brand might not be able to stop its competitors from offering shoes with red soles.
The European Commission, which had some initial concerns about the48-billion-euro deal, did not confirm reports that the merger will be approved.
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.