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Feb 25, 2021 05:23 PM

LVMH-backed L Catterton nears deal to acquire Birkenstock

[LONDON] L Catterton, the private equity firm backed by luxury French fashion house LVMH, is nearing an agreement to...

Feb 25, 2021 05:50 AM

After 2020 boom, Home Depot says sales to be flat this year

HOME Depot said demand remains strong almost a year into the Covid-19 pandemic, but its stock fell with investors...

Feb 23, 2021 10:36 AM

Amundi expands retail, ESG offerings in Singapore with launch of flagship funds

EUROPEAN asset manager Amundi has launched three flagship funds for retail investors in Singapore. All three funds...

Feb 22, 2021 11:03 PM

De Beers hikes diamond prices again as revival keeps going

[LONDON] De Beers lifted diamond prices at its third consecutive sale as an industrywide recovery from the...

Feb 22, 2021 09:43 PM

UK shopper numbers rise for fifth straight week despite lockdown

[LONDON] The number of people heading out to shops across Britain increased by 6.8 per cent last week versus the...

Feb 22, 2021 11:48 AM

Star French florist weathers pandemic

[BRUSSELS] There was a time, pre-pandemic, that Thierry Boutemy's flowery creations graced catwalks, magazine covers...

Feb 20, 2021 05:50 AM

Going places

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LIKE many people around the world, Paul Melkebeke is itching to hop on a plane, tuck into some aeroplane food, catch...

Feb 19, 2021 05:27 PM

UK retail sales slump in new lockdown, borrowing less than expected

[LONDON] British retail sales tumbled in January as non-essential shops went back into lockdown, official data...

Feb 19, 2021 09:49 AM

Australia retail sales up 0.6% in Jan, Covid-19 restrictions a drag

[SYDNEY] Australian retail sales rose by less than expected in January as a coronavirus lockdown in the city of...

Feb 18, 2021 12:02 AM

China's retail, catering sales jump in Lunar New Year staycation

[BEIJING] China's retail and catering sectors enjoyed a bumper Lunar New Year holiday week, with revenues rising...

Feb 17, 2021 10:27 PM

US retail sales surged 5.3% in January

[WASHINGTON] US retail sales surged in January by the most in seven months, suggesting fresh stimulus checks helped...