
Reuters
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Japanese designer Issey Miyake dies, at 84
Miyake was famed for his pleated style of clothing that never wrinkles and for producing the signature black turtleneck ...
Aug 9, 2022

Alibaba revenue growth flatlines for first time as China’s lockdowns bite
Alibaba Group has reported flat quarterly revenue growth for the first time in its history, showing how China's Covid lo...
Aug 5, 2022

Thai businesses cash in on cannabis, from milk tea to toothpaste
Thai businesses are cashing in with cannabis-infused products like toothpaste, tea, soaps and snacks after the governmen...
Aug 2, 2022

Apple forecasts faster sales growth, despite glum economy
CEO Tim Cook says Apple is “being more deliberate" in hiring in recognition of the realities of the environment.
Jul 31, 2022

Puma raises revenue outlook, handling China woes better than Adidas
Puma reported strong second-quarter earnings and raised its full-year outlook, coping with headwinds in China better tha...
Jul 29, 2022

Netflix plans to build brands that span far beyond streaming
Netflix teams are plotting ways to milk more from Netflix's bigger shows and movies.
Jul 19, 2022

Burberry held back by China lockdowns and US weakness
The British brand, known for its red, black and camel check and TB monogram, saw comparable sales in mainland China plun...
Jul 18, 2022

Analysis: The NFT dream isn’t dead, but it’s taken a big non-fungible beating
The market shone gloriously last year as crypto-rich speculators spent billions of dollars on the risky assets, pumping ...
Jul 7, 2022

What happens to Luxottica founder Del Vecchio’s €27 billion fortune?
Leonardo Del Vecchio leaves a business empire worth €27 billion, ranging from the eyewear company that was his life's wo...
Jul 6, 2022

Walgreens shelves pharmacy Boots’ sale as market turmoil hits dealmaking
Boots was initially valued at as much as 8 billion pounds, or US$10.88 billion.
Jun 29, 2022

From poverty to billions. Vale: Leonardo del Vecchio, founder of Luxottica
Del Vecchio rose from a childhood in an orphanage to amass a fortune of tens of billions of euros.
Jun 28, 2022

Latitude Group rescinds buyout offer for Humm’s BNPL business
Australian digital payment and lending firm Latitude Group has terminated its $335 million offer to buy Humm Group's con...
Jun 17, 2022

Goodbye Golden Arches: rebranded McDonald’s stores reopen in Russia
McDonald's last month said it was selling its restaurants in Russia to one of its local licensees, Alexander Govor.
Jun 10, 2022

Uniqlo owner to raise prices on fleece products due to weak yen
Consumer prices are surging in Japan after decades of deflation, driven by the yen's drop to a 20-year low against the d...
Jun 7, 2022

Apple to cut working hours for retail staff, Microsoft open to unionisation
Last week, the iPhone maker told Reuters it will raise pay for its US employees to $22 per hour or more.
Jun 3, 2022

Cotton struggles squeeze Asian garment makers, threatens Covid recovery
A near doubling in benchmark cotton futures to 11-year highs, hard on the heels of a spike in freight and fuel prices, i...
Jun 2, 2022

Moscow’s ‘shuttle traders’ may return as Nike axes Russian franchise deals
Inventive Retail Group (IRG), which operates 37 Nike-branded stores in Russia through its subsidiary Up And Run, said th...
May 26, 2022

India’s Reliance to buy dozens of brands in $6.5bn consumer goods play
Reliance plans to build a portfolio of 50 to 60 grocery, household and personal care brands within six months and is hir...
May 16, 2022

Tod’s says China lockdowns won’t derail 2022 results
The analyst consensus is for 2022 sales of around 970 million euros and a 5 per cent EBIT margin.
May 12, 2022

Ferragamo CEO promises quick turnaround despite China hit
Marco Gobbetti, who joined the family-owned group in January from Burberry, forecast a rise in Ferragamo's sales this ye...
May 12, 2022