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More red ink for Global Brands as revenue falls by nearly half
Troubled Global Brands is pivoting towards a stronger focus on a direct-to-consumer (DTC) business model in the wake of Covid-19, after the division showed “significant growth” as a percentage of revenue in th...
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Disney launches ShopDisney in India
Disney has launched its flagship e-commerce marketplace ShopDisney in India, marking its debut in the country. The e-com...
Soaring gold price, China recovery boost Chow Tai Fook results
As the gold price soars, so does the fortune of jeweller Chow Tai Fook.
Harvey Norman sales suffer in Asia, global profit explodes
Malaysia's continued movement restrictions hurt instore sales for the department store.
Online investment eats into Gap profits
Gap Inc's pivot to online may be boosting sales, but the consequential investment is eating into profits.
Hot pot high flyer Haidilao opens 400 new outlets
Despite a global pandemic, Chinese hot pot chain Haidilao is on track to open 400 new restaurants this year.
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