| Business |
| Business related information |
| EU approves purchase of YSL Beaute by L'Oreal |
|
|
L\'Oreal (OREP.PA: Quote, Profile, Research), the world\'s biggest beauty group, won European Commission clearance on Tuesday to buy the YSL Beaute cosmetics firm from French retailer PPR (PRTP.PA: Quote, Profile, Research) for an enterprise value of 1.15 billion euros ($1.78 billion).
|
| S Kumars identified as mystery buyer of Scottish fashion chain |
|
| |
After nearly a month’s speculation the mystery buyer of a troubled Scottish fashion chain has been revealed to be the Indian textiles giant S Kumars. Around 1,000 workers were celebrating after an unnamed overseas buyer was reported early May to have purchased Internacionale, which had been put up... |
| Dubai-based real estate major Majid Al Futtaim looks to India |
|
|
Dubai-based real estate major Majid Al Futtaim (MAF) is likely to enter India for which it is in the process of identifying a local partner.
The country\'s estimated 16 billion dollar realty sector, which has already attracted UAE-based players like Emmar, Limitless, Nakheel and SmartCit... |
| India loses top retail spot to Vietnam |
|
|
After being three years on the top, India has finally lost its position as the most preferred destination among emerging markets for retail investment, according to the seventh annual global retail development index (GRDI) by management consulting firm A.T. Kearney.
The GRDI ranks countries... |
| Retalix Announces First Quarter 2008 Results |
|
|
Retalix(r) Ltd. (Nasdaq:RTLX), a leading provider of software solutions for retailers and distributors, today announced results for the first quarter ended March 31, 2008.
Summarized financial highlights of the 2008 first quarter results:
* Total Revenues for the period were $53.9 mill... |
| Citigroup in talks to sell Nikko antfactory |
|
|
-- Citigroup Inc is in talks to sell a private equity unit in Japan, Nikko antfactory, as it seeks to comply with US banking laws and raise cash to shore up its balance sheet against market turmoil, sources with direct knowledge of the matter said.
Citigroup boosted its presence in Japan ea... |
| Russia’s X5 to raise $1bn with London issue |
|
| |
X5 Retail, one of Russia’s leading food retailers, has launched a London offering of global depository receipts aimed at raising $1bn to fund the acquisition of the Karusel hypermarket chain. The retailer plans to raise just more than $1bn during the coming weeks, by issuing 48m new GDRs, which wi... |
| Office Depot, Reliance Retail acquire office products firm |
|
|
Tapping into India\'s explosive business market, retail giant Office Depot Inc. Tuesday announced a joint venture with Reliance Retail Ltd., an arm of that country\'s largest corporation - and their immediate acquisition of eOfficePlanet, one of India\'s largest office products firms.
|
| QS to sell clothes in Co-op, Somerfield stores |
|
|
Fashion retailer QS is to open concessions in Co-operative Group and Somerfield stores, according to a published report.
The company, which operates the chain Store 21, is reported to be opening 20 concessions in Somerfield and Co-op stores.
Somerfield has already trialled a QS con... |
| Hong Kong's Esprit Holdings falls on worries over lower German retail sales |
|
|
Shares in Hong Kong-based fashion retailer Esprit Holdings Ltd. fell on Wednesday on worries over lower retail sales in Germany, its single biggest market.
The stock gave up 3.4 percent at HK$90.40.
Germany, where about half of Esprit\'s sales come from, reported an unexpected ... |
 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19  |
