Big news on the mall front in the UK on Wednesday as property giant Hammerson is planning to merge with major rival Intu, which means the bigger group will have stakes in or ownership of 60% of the country's supermalls.
Amazon on Wednesday launched its subscription-based Prime service in Singapore that provides access to fast shipping, streaming and gaming, intensifying competition with rival Alibaba-backed Lazada in Southeast Asia.
Luxe bag-maker Mulberry is slowly turning around its performance as it launches new products, boosts digital and expands in Asia, the US and Europe. But while London is buoyant, the rest of the UK has proved weak.
US internet giant Amazon launched in Australia Tuesday in time for Christmas, with retailers scrambling to cut costs and boost their online offerings as they brace for an expected shake-up of the sector.
Activist hedge fund Marcato Capital Management said on Monday it cut the number of nominees to Deckers Outdoor Corp’s board amid a prolonged proxy fight in which Marcato is seeking major changes at the Uggs boot maker.
MCH Group, which owns exhibitions such as Art Basel and Baselworld, is looking to gain a foothold in the UK and expand its international portfolio as it announces the acquisition of art show Masterpiece London.