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Retail Industry News
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Tapestry to acquire rival fashion company Capri Holdings for $8.5bn
Tapestry, Inc. (NYSE: TPR) and Capri Holdings Limited (NYSE: CPRI) have entered into a definitive agreement, under which…
Godrej Consumer Products reports 10% rise in 1Q FY 2024 sales
Leading emerging markets FMCG entity, Godrej Consumer Products Limited (GCPL), discloses its financial outcomes for the quarter ending…
E-commerce giant Amazon reports 11% increase in net sales for Q2 2023
Amazon.com, Inc. (NASDAQ: AMZN) announced robust financial results for its second quarter that ended on June 30, 2023.…
Richemont gains controlling stake in luxury shoemaker Gianvito Rossi
Luxury goods group, Richemont, has gained a controlling stake in renowned Italian shoemaking maison, Gianvito Rossi, via a…
Kering to acquire 30% stake in luxury fashion brand Valentino for €1.7bn
Kering, a leading player in the global luxury sector, has inked a deal with Mayhoola, an investment entity…
T&T Supermarket to open new store in Hazeldean Mall to expand Ottawa presence
T&T Supermarket has officially announced the launch of its new store in Ottawa’s Hazeldean Mall in 2024 winter.…
DGS Retail acquires point-of-purchase display provider RICH LTD
San Francisco Equity Partners (SFEP) recently announced its portfolio company DGS Retail’s acquisition of RICH LTD., an Oceanside,…
Metrie expands operations with new retail distribution center in Louisville
Metrie, a manufacturer and distributor of millwork solutions in North America, has announced the establishment of a new…
IndiaMART posts strong Q1 FY2024 performance, reports 26% YoY revenue growth
IndiaMART InterMESH Limited, an established online B2B marketplace in India, today released its financial results for the first…
South Korea’s MUSINSA raises $190m for online fashion marketplace
Global investment firm KKR and South Korean online fashion marketplace, MUSINSA have announced the signing of definitive agreements…