L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
logistics
Beauty
Burberry Retreats on Beauty Strategy, Signs Deal with Coty
The move is a major reversal in strategy after Burberry took its beauty business in-house four years ago.
Burberry Retreats on Beauty Strategy, Signs Deal with Coty
The move is a major reversal in strategy after Burberry took its beauty business in-house four years ago.
Retail
H&M Invests in Supply Chain as Fashion Rivalry Intensifies
After years of hectic expansion across the world, H&M's profitability has faltered as Inditex and online specialist ASOS gain an edge in fast fashion.
H&M Invests in Supply Chain as Fashion Rivalry Intensifies
After years of hectic expansion across the world, H&M's profitability has faltered as Inditex and online specialist ASOS gain an edge in fast fashion.
Luxury
What Kering's Cartier Deal Means for the Eyewear Market
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
What Kering's Cartier Deal Means for the Eyewear Market
Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.
News & Analysis
Alibaba Confirms Regional Logistics Hub in Malaysia
The company confirmed reports that it will set up a logistics hub in the Malaysian capital that will serve as the Chinese e-commerce company's regional distribution hub.
Alibaba Confirms Regional Logistics Hub in Malaysia
The company confirmed reports that it will set up a logistics hub in the Malaysian capital that will serve as the Chinese e-commerce company's regional distribution hub.
Financial Markets
Report: Jack Ma to Launch Alibaba Distribution Hub in Malaysia
The hub would be sited within a 24,700-acre development led by airport operator Malaysia Airports Holdings that is expected to generate more than $1.58 billion worth of domestic and foreign investments.
Report: Jack Ma to Launch Alibaba Distribution Hub in Malaysia
The hub would be sited within a 24,700-acre development led by airport operator Malaysia Airports Holdings that is expected to generate more than $1.58 billion worth of domestic and foreign investments.
News & Analysis
Amazon Plans $1.5 Billion Air Hub For Faster Orders
Amazon will employ 2,000 workers at the new facility when it opens at Cincinnati/Northern Kentucky International Airport.
Amazon Plans $1.5 Billion Air Hub For Faster Orders
Amazon will employ 2,000 workers at the new facility when it opens at Cincinnati/Northern Kentucky International Airport.
News & Analysis
Wal-Mart Ditches Subscription Model for Free Two-Day Shipping
The company will refund the $49 annual fee for all active memberships in its ShippingPass programme.
Wal-Mart Ditches Subscription Model for Free Two-Day Shipping
The company will refund the $49 annual fee for all active memberships in its ShippingPass programme.
News & Analysis
Report: Alibaba Considering European Logistics Centre in Bulgaria
Representatives of Alibaba Group, GS-Solar Company and GoldPoly Group met Bulgarian Prime Minister Boyko Borisov on Wednesday to explore investment opportunities, the government said in a statement.
Report: Alibaba Considering European Logistics Centre in Bulgaria
Representatives of Alibaba Group, GS-Solar Company and GoldPoly Group met Bulgarian Prime Minister Boyko Borisov on Wednesday to explore investment opportunities, the government said in a statement.
News & Analysis
Amazon Doubles Deliveries in 2016 for Third-Party Sellers
Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall.
Amazon Doubles Deliveries in 2016 for Third-Party Sellers
Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall.
China
Maersk to Team up with Alibaba on Online Booking Service for Ship Space
The world's largest container shipping line Maersk has teamed up with Alibaba to allow shippers of goods to reserve space on its vessels through the Chinese e-commerce giant, in a move that bypasses traditional middleman freight forwarders.
Maersk to Team up with Alibaba on Online Booking Service for Ship Space
The world's largest container shipping line Maersk has teamed up with Alibaba to allow shippers of goods to reserve space on its vessels through the Chinese e-commerce giant, in a move that bypasses traditional middleman freight forwarders.
News & Analysis
Shippers, Online Retailers Seek Way Around Rising Delivery Costs
Online retail sales are expected to reach $392.5 billion this year, but with US consumers now demanding free shipping on most packages, shippers and retailers are facing a squeeze.
Shippers, Online Retailers Seek Way Around Rising Delivery Costs
Online retail sales are expected to reach $392.5 billion this year, but with US consumers now demanding free shipping on most packages, shippers and retailers are facing a squeeze.
News & Analysis
Amazon Delivery Contractor to Pay $100,000 in Back Wages
An Amazon.com Inc delivery contractor in New York City has agreed to pay $100,000 in back wages to drivers after making deductions for lunch breaks that the workers never took.
Amazon Delivery Contractor to Pay $100,000 in Back Wages
An Amazon.com Inc delivery contractor in New York City has agreed to pay $100,000 in back wages to drivers after making deductions for lunch breaks that the workers never took.
The News in Brief
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
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.
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.