Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
Cairo, Egypt
Luxury
Hilton to Enter Cruise Business with Waldorf Astoria Nile Ship
The hotel group’s Waldorf Astoria Nile River Experience, set to launch in late 2026, follows similar moves by Ritz-Carlton, Four Seasons, Orient Express and Aman.
Hilton to Enter Cruise Business with Waldorf Astoria Nile Ship
The hotel group’s Waldorf Astoria Nile River Experience, set to launch in late 2026, follows similar moves by Ritz-Carlton, Four Seasons, Orient Express and Aman.
News & Analysis
Africa's E-Commerce Giant Jumia Sets Sights on Egypt
Jumia Egypt’s Chief Executive Officer Hesham Safwat says he’s urging the government to regulate informal retailers by offering them tax incentives and cheap loans that would allow them to market their goods online.
Africa's E-Commerce Giant Jumia Sets Sights on Egypt
Jumia Egypt’s Chief Executive Officer Hesham Safwat says he’s urging the government to regulate informal retailers by offering them tax incentives and cheap loans that would allow them to market their goods online.
News & Analysis
Armani's Egyptian Supplier Mulls US Foray on Weaker Pound
Arafa Holding, the Egyptian maker of clothes for global brands such as Giorgio Armani and Massimo Dutti, plans to expand sales to the US as it aims to “aggressively” target the middle-income segments.
Armani's Egyptian Supplier Mulls US Foray on Weaker Pound
Arafa Holding, the Egyptian maker of clothes for global brands such as Giorgio Armani and Massimo Dutti, plans to expand sales to the US as it aims to “aggressively” target the middle-income segments.
News & Analysis
Egypt's Famous Cotton Crop Dwindles
Farmers in Egypt are abandoning cotton and are switching to grains as the country wrestles with one of the biggest budget deficits in the Middle East.
Egypt's Famous Cotton Crop Dwindles
Farmers in Egypt are abandoning cotton and are switching to grains as the country wrestles with one of the biggest budget deficits in the Middle East.
ADVERTISEMENT
Global Markets
All Eyes on Egypt
With Egypt now stabilising, can this titan of the Middle East reclaim its style credentials and become a lucrative fashion market once again?
All Eyes on Egypt
With Egypt now stabilising, can this titan of the Middle East reclaim its style credentials and become a lucrative fashion market once again?
ADVERTISEMENT
The News in Brief
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.
Mco Parent VidaCorp Rebrands to Axia Beauty Group
The company, which also owns brands Nude by Nature and Poni, also announced its new global headquarters and chief marketing officer.
Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.