CVC Mulls Buying Stake in Jeweller APM Monaco From TPG
CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
Sunnyvale, United States
Technology
The Robot Startup Using Static Electricity to Make Nike Sneakers
Grabit, a robotics startup, makes machines that can work at 20 times the pace of humans.
The Robot Startup Using Static Electricity to Make Nike Sneakers
Grabit, a robotics startup, makes machines that can work at 20 times the pace of humans.
Technology
Yahoo’s Mayer Building for Growth as Alibaba Help Set to Fade
SUNNYVALE , United States — Yahoo! Inc.'s Marissa Mayer can't rely on Alibaba Group Holding Ltd. to bail her out much longer, putting the onus on her
Yahoo’s Mayer Building for Growth as Alibaba Help Set to Fade
SUNNYVALE , United States — Yahoo! Inc.'s Marissa Mayer can't rely on Alibaba Group Holding Ltd. to bail her out much longer, putting the onus on her
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The News in Brief
Will Jewellery Help Shape Luxury’s Winners?
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
London’s Liberty Doubles Fabric Section as Sewing Booms
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
US Businesses File Lawsuit Challenging New ‘Forced Labour’ Tariffs
Two small businesses, backed by the group that successfully sued over previous tariffs, say the new policy similarly exceeds the president’s authority to tax imports.
Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.