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K Group enters into cooperation with Alibaba to open a food online store in China

K Group has entered into cooperation with Alibaba to open a food online store in China. The aim of the cooperation between K Group and Alibaba on this project is to export Finnish food brands to the growing market in...

The Coca-Cola Company and AB InBev complete transition of majority ownership in Coca-Cola Beverages Africa

The Coca-Cola Company and Anheuser-Busch InBev (AB InBev) has announced that they have completed the transition of AB InBev’s majority interest in Coca-Cola Beverages Africa (CCBA). CCBA, the largest Coca-Cola bottler in Africa, was formed in 2016 through the combination...

Ranjit Singh Boparan in talks to merge Fox's Biscuits brand with Burton's Foods

Britain's Indian-origin 'chicken king', whose poultry operations is battling a hygiene scandal at one of its factories, is reportedly looking at expanding his biscuit empire. According to a PTI report: Ranjit Singh Boparan, who owns '2 Sisters Food Group' the...

Kellogg's to buy protein-bar maker RXBAR for US $600 million

Kellogg's is buying the upstart company behind protein bar maker RXBar for US $600 million. RXBAR, which is owned by Chicago Bar Co, will continue to operate independently after the deal, Kellogg's said in a statement. "RXBAR is a unique and...

Amazon to open popup liquor bar at Tokyo for 10 days

Amazon is opening a new type of bar for only 10 days in Japan from October 20 onwards. Amazon Bar will be located in Tokyo's upscale Ginza area and serve a variety of drinks, including beer, wine, and whiskey. “Amazon Bar...

AR-ready teddy that comes to 'life' now available at Apple stores

Tech giant Apple will be the exclusive retailer of "Parker" -- an augmented reality (AR)-ready teddy-bear "Parker" launched by children's toy startup Seedling, which comes to "life" through iOS-based AR effects. Priced at $59.95, "Parker" works through a free AR...

Calvin Klein to open multi-brand lifestyle stores in Shanghai and Düsseldorf

Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. has announced the opening of new Calvin Klein multi-brand lifestyle stores in Shanghai, China and Düsseldorf, Germany. Each store is a flagship and features the brand’s latest retail design...

Jill McDonald appointed MD of Marks & Spencer

Jill McDonald has been appointed managing director, clothing, home & beauty at Marks & Spencer and will be taking up the role from October 2 onwards. The department store chain first announced McDonald would be taking up the role back...

Department-store chain Kohl's CEO Kevin Mansell to retire in 2018

Department-store chain Kohl's said Tuesday that CEO and Chairman Kevin Mansell would relinquish his post in May after nearly a decade in the job, and Chief Merchandising and Customer Officer Michelle Gass will take the reins as CEO. Gass joined...

Amazon to create 2,000 jobs in new New York office

Amazon Inc announced last week that it plans to bring more than 2,000 jobs to the city over the next three years, promising to create roughly 6,000 jobs across New York state by 2019. The 359,000 square foot office in...

New York wants to woo Amazon for its next headquarters

New York is hoping to woo retail giant Amazon to open its headquarters in the city, reports said. "New York city believes it is a strong contender for a number of reasons, including its vast higher education system, diverse workforce,...

Hollywood star Will Smith's son, actor Jaden Smith to open restaurant

Hollywood star Will Smith's son, actor Jaden Smith has announced that he will be opening his own restaurant soon. The 19-year-old star is an actor and rapper and also runs his own clothing and lifestyle brand, MSFTSrep, but it seems...

Amazon searches for second headquarters in North America

Online retailer Amazon said that it plans to open a second company headquarters in North America, which will be a full equal to its Seattle headquarters. The company plans to invest more than US $5 billion in construction and expects...

Lego to cut 1,400 jobs after suffering first drop in sales

The Danish toymaker, Lego is planning to cut 1,400 jobs before the end of the year in a bid to scale back the 85-year-old business after suffering its first drop in sales in more than a decade. The report of...

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Nexus Select Trust acquires Vega City Mall in Bengaluru for Rs 913 cr

This includes a purchase consideration of Rs 869.75 crore and a balance towards planned capex, including renewables, and closing...
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