Monday, June 24, 2019

Saudi Set for Biggest IPO Since 2014

(Bloomberg) -- Fawaz Alhokair Group, the Saudi retailer that owns the franchise for brands like Banana Republic and Zara, may raise as much as $1...
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Gulf Capital JV in Talks to Sell Abu Dhabi Mall to...

(Bloomberg) -- Abu Dhabi-based private equity firm Gulf Capital PJSC is in talks to sell a mall to Mubadala Investment Co. and is raising a...
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McDonald’s $300 Million Tech Deal Is Its Largest in 20 Years

McDonald’s, in its largest acquisition in 20 years, is buying a decision-logic technology company to better personalize menus in its digital push. The world’s biggest...
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Calvin Klein to Eliminate High-End Runway Fashion Collection

Calvin Klein is eliminating its high-end fashion collection in a move that will cut 1 percent of its workforce, including jobs at its Milan...
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Danube Home unveils 2019-20 TBK catalogue

Danube Home, the UAE's leading home interior and décor brand launched the TBK (Tiles, Bathroom and Kitchen) catalogue collection for its Milano brand that...
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Ralph Lauren’s Plan to Lure Younger Shoppers Is Simple: Hype

Ralph Lauren isn’t just about plain polo shirts and peacoats anymore. It’s about the hype. Looking for some buzz, the 52-year-old fashion house using tactics...
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Roadshow organised to promote Terry Towel Global Expo

Embassy of India, Muscat, as part of its endeavour to promote business relations between India and Oman, organised a roadshow to promote Vibrant Terry...
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Gucci’s 28 Percent Growth Fails to Clear High Bar Set by...

Kering SA’s Gucci label outpaced competitors in the fourth quarter, though the 28 percent sales growth won little applause from investors who had high...
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This Near $1 Billion Startup Is Led by a 27-Year-Old Female...

Zilingo Pte’s path to becoming a fashion platform with a valuation approaching $1 billion began in December 2014 when Ankiti Bose, then an analyst...
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How Bezos Lost Out to Billionaire Ambani in Poll-Bound India

Amazon.com and Walmart Inc.’s plans to dominate India’s online retail landscape have been ambushed by Prime Minister Narendra Modi’s political priorities heading into a...
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