International News

Luxury shoe and bag retailer Jimmy Choo, with market value of over 700 million pounds (Rs 5,800 crore), had in April 2017, put itself up for sale. The retailer said it had "decided to conduct a review of the...

The UK economy grew by just 0.3 per cent at the start of this year, the slowest growth rate since the first three months of 2016, according to official figures released on Friday. The Office for National Statistics (ONS) said...

Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales. The job cuts account for about one percent of the soda giant’s 100,300 employees. The soda giant said it would trim the...

The French luxury group LVMH, led by billionaire Bernard Arnault, is to take full control of Christian Dior, in a complex US $13 billion deal that reunites the fashion house with the perfume and other Dior brands. According to LVMH,...

Canberra, Australian retailers are preparing for the invasion of US giant Amazon, and have vowed to take the fight up to the online-based store when it comes to local shores. Amazon confirmed its rapid Australian expansion by announcing its search...

Online shoppers in Britain spend more per household than consumers in any other country, the UK Cards Association said in a report. UK households spent the equivalent of US $5,900 using payment cards online in 2015, the BBC quoted the...

Starbucks Coffee Company announced that it will make sure 100 million healthy coffee trees get into the hands of coffee farmers that need them by, 2025. This effort is part of the company’s ongoing commitment to provide comprehensive support...

The Estée Lauder Companies Inc. announced leadership appointments for its two largest markets, North America and the United Kingdom (U.K.) and Ireland. After an extraordinary career, Thia Breen, Group President, North America, has made the decision to retire. Chris Good,...

Sunoco LP has announced that it entered into a definitive asset purchase agreement for the sale of a majority of its convenience stores to 7-Eleven, Inc. ("7-Eleven"). Total consideration in the transaction is US $3.3 billion in cash plus fuel,...

The global e-commerce giant Amazon announced on Thursday that it would be opening a new logistics hub in Barcelona that would create hundreds of jobs. The centre would become the company's sixth logistics hub in Spain, Amazon has four of...

Burberry will hand over its fragrances and cosmetics arm to American beauty conglomerate Coty in a deal worth approximately £180 million. Burberry said it would retain creative control of the division while beauty products maker Coty would bring its global...

Grimaldi's Pizzeria announced on Thursday that the company plans to expand internationally by opening five of its world-famous, coal-fired, brick-oven pizzerias in the United Arab Emirates over the next five years. Partnering with Tablez Food Company to ensure a seamless expansion,...

Popstar Emma Bunton has co-launched a new brand of premium performance bio-degradable nappies and certified natural skincare for mothers and babies. Alongwith co-founder Christopher Money, Emma has released a line nappies which claim to 'provide maximum comfort, dryness and security...

Amazon has launched AmazonFresh Pickup service from two locations in Seattle. It enables consumers to order thousands of grocery items (including meats, fresh produce, bread, dairy and household essentials) through the e-commerce kingpin's website or mobile app for local...