THE WHAT? The family of Walmart’s founder, the Waltons have topped a list of the world’s wealthiest families. The Waltons boast a combined fortune of US$432.4 billion, placing them in the number one ...

THE WHAT? The Fifth Circuit Court of Appeals has voted down Nasdaq’s diversity rules. The requirement that board members of Nasdaq-listed companies meet set race and gender diversity criteria was ...

THE WHAT? Brisk car sales helped US retail sales climb for a third consecutive month in November. Excluding autos, sales inched up 0.2 percent. THE DETAILS According to a report published by Bloomberg ...

THE WHAT? Walmart has announced a strategic partnership with Meituan in its latest attempt to bolster its e-commerce business in China. The US retailer’s range will be sold via the local delivery firm ...

THE WHAT? Bitcoin hit a high of US$107,148 at the start of the week, a record rally prompted by US President-elect, Donald Trump’s plan to create a US bitcoin strategic reserve as well as the ...

THE WHAT? Incheon Airport has bowed to pressure to help Korea’s struggling duty free operators, ushering in temporary rent relief for select stores. Rent for 12 stores across five zones of the airport ...

THE WHAT? Alibaba has announced that, together with another minority shareholder, it has agreed to sell 100 percent of the equity interest in Intime to a consortium of staff members and Youngor Group ...

THE WHAT? The British Beauty Council has announced that its Beauty Week will return in 2025. The event, which will take place at the end of October, will spotlight the power of innovation, technology ...

THE WHAT? Puig and entrepreneur Charlotte Tilbury have announced the extension of their strategic partnership in the founder’s eponymous beauty brand until the end of 2030. Under the terms of the deal ...

THE WHAT? Serruya Private Equity has agreed to buy The Body Shop Canada. Financial terms of the deal were redacted from the court documents but the same papers reveal that The Body Shop Canada owes ...

medmix, a global leader in high-precision delivery devices, is pleased to announce that Nande van Aken has been appointed as Head of Global Operations Beauty With more than 15 years of experience in ...

THE WHAT? The Estee Lauder Companies has announced the departure of Israel Assa, Global President, Travel Retail Worldwide, with immediate effect. Strategic Advisor since June 2024, Olivier Dubos has ...