China

Dealmakers have seen opportunities for merger and acquisitions involving multinational firms that look to spin off their China units, as growth outlook in the country grappling with strict Covid-curbs remains…

The athleisure apparel brand said it aims to increase its store number in the country – currently 71 – to 220 over the next five years. These stores include flagship…

Hermes, which first opened a store in the city in 2010, has now relocated to the upscale mall Deji Plaza, with a wider product selection spread across two floors, from…

A day after announcing plans for big wage rises, the company said operating profit had been 117.1 billion yen ($889.82 million) in the three months to the end of November,…

The luxury conglomerate was helped by strong sales of its fashion and leather goods. Solid results in Europe, the US and Japan also helped offset a poor performance in China,…

Puma said its earnings before interest and taxes (EBIT) rose 34.4% on the year to 146 million euros ($148 million), compared with analysts’ average forecast for 128.94 million euros. It…

The United Arab Emirates’ sovereign wealth fund, Mubadala, is a major investor in this round, as are existing investors, private equity firm General Atlantic (GA) and venture capital group Sequoia…

Star Jewelry, the Japanese jewellery retailer, is set to expand into Mainland China under a partnership with Primo Global Holdings, opening its first standalone store in the country next year. …

L’Oreal posted 8.1% sales growth in the fourth quarter, a touch slower than in the previous three months, with firm demand in the United States and Europe helping to offset the…

The space was transformed into a digital ‘rose wonderland’, incorporating the mall’s existing art and light installations. The large flower garden was decorated with illuminated digital blooms and enhanced by…