Bloomberg
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Bankrupt Brooks Brothers gets rescue takeover bid
Brooks Brothers has received a bid backed by Authentic Brands Group and mall owner Simon Property to buy the bankrupt c...
Jul 24, 2020

Shiseido looks to China’s online model for post-pandemic growth
Shiseido is pumping up its e-commerce presence amid a “deep crisis” in the beauty business, looking to its China strate...
Jul 23, 2020

Japanese cheap eatery operator Ootoya set for ownership fight
A long-running feud for control of a Japanese provider of home-cooked meals Ootoya has spilled out of the boardroom and ...
Jul 20, 2020

Richemont suffers slump in online sales
After dismal updates from luxury goods groups this week, Richemont, the company behind Cartier could be forgiven for a 4...
Jul 17, 2020

Covid-19 has trapped US$111 billion of luxury spending in China
Thanks to the coronavirus global pandemic, cashed-up Chinese high-end shoppers are finding it hard to spend their cash o...
Jul 17, 2020

Lazada helps Asia’s malls go online after virus upends retail
Clobbered by the crushing effects of the coronavirus pandemic, thousands of retailers from Bangkok to Singapore have rus...
Jul 17, 2020

PizzaExpress in takeover talks
A group of senior bondholders to PizzaExpress is in talks to potentially provide new funding in a deal that could see th...
Jul 16, 2020

Iconix Brand Group seeks white knight investor
Iconix Brand Group is considering selling itself or combining with another company as the firm broadens its search for a...
Jul 15, 2020

Swatch cuts 2400 jobs, speeds up Hong Kong store cull
Swatch Group has cut about 2400 jobs, its biggest cull in at least three decades, and will trim its store network as the...
Jul 14, 2020

Luckin Coffee names new chairman and CEO after founder ousted
Luckin Coffee has named Jinyi Guo as chairman and CEO as the Chinese chain tries to move past an accounting scandal that...
Jul 14, 2020