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AuMake executive chairman Keong Chan

AuMake ends FY21 down $7.8m, hopeful for new year

The transformation work is now finished and should lead to improved financial results in the future as the business gets...
Photo of inside Selfridges

Selfridges owners to offer chain in £4 billion auction

The Weston family said it was open to the idea last month after 80-year-old W Galen Weston, who purchased the chain in 2...

LVMH takes control of Off-White

Expected to be completed within the next 60 days, the value of acquisition, however, has not yet been disclosed.

Insight: How stranded and shattered seafarers threaten global supply lines

"I've seen grown men cry," says Captain Tejinder Singh, who hasn't set foot on dry land in more than seven months and is...

South African retailers looted, trashed as violence engulfs country

Poverty has been exacerbated by severe social and economic restrictions aimed at blocking the spread of Covid-19.

Carl’s Jr. new master franchise plans 27 new stores this year

Carl’s Jr. will open up to 200 restaurants over the next 10 years in Australia under a new master franchise agreement.

Burberry CEO resigns to lead rival luxury retailer

According to a report in Reuters, Gobbetti will return home to Italy to lead luxury goods group Ferragamo.

Amazon, Facebook targeted by historic G7 deal

Hundreds of billions of dollars could flow into cash-strapped governments by a minimum global corporate tax rate.

Etsy to buy fashion reseller Depop in push for younger consumers

Etsy Inc said on Wednesday it would acquire Gen-Z focused fashion reseller Depop for $1.63 billion.

Gap to launch home range with Walmart in the US

US fashion retailer Gap is set to enter the home furnishings category, releasing its first home essentials range in part...

Cotton On launching online-only in UK

“We couldn’t be more excited about the launch, which marks a significant milestone for our brand and our business."

Anti-monopoly fine pushes Alibaba to first operating loss as public company

The company's U.S.-listed shares fell nearly 3% in choppy trading, even as the company forecast strong 2022 revenue.

China, South Korea’s support of duty-free retail “a blessing”: GlobalData

“As international travel has come to a standstill on the back of Covid-19 pandemic, the sales prospects of duty-free ret...

JD Sports launching in New Zealand later this year

JD Sports joins several existing brands at Sylvia Park that cater to active, fashion-forward Kiwis.

Amazon to let Whole Foods customers pay by palm print

Amazon.com Inc said it is rolling out biometric technology at its Whole Foods stores around Seattle starting on Wednesda...