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...The business has focused on investing in international expansion, ecommerce and independent TV production, and tried to diversify its revenue away from advertising....
...Nasdaq-listed Nio, which took over a factory in the eastern city of Chuzhou earlier this year to make cars for its budget sub-brand code-named Firefly, and Xpeng, which has a new factory in Wuhan, are both...
...TikTok said the brand used a network of suppliers to produce items for its Trendy Beat offering....
...Listings expected soon in Europe include Permira-backed Golden Goose, the Italian luxury sports shoe brand, and Puig, the Spanish beauty and fashion group behind brands including Charlotte Tilbury....
...Over the course of more than two decades, buyout firms have repeatedly burnt themselves financially and reputationally on household brands such as Phones 4U and Debenhams....
...The whiskey brand’s sales have increased threefold since the takeover in 2009, according to the company’s data....
...In 2014 Burger King, soon to be renamed Restaurant Brands International, bought Canada’s beloved Tim Hortons for nearly $12bn, including $3bn of financing from Warren Buffett’s Berkshire Hathaway....
...RSM US is the largest in an international network of firms using the RSM brand, which collectively have annual revenues of more than $8bn, mostly from mid-market companies overlooked by the Big Four accounting...
...“Looking at the Mars portfolio, it’s very clear that the brand values behind each of those brands are lived and there’s a place with a consumer-centric approach for confectionery,” he said....
...This week the Italian car brand announced it will design yachts that can compete in international sailing competitions....
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
...In the UK, a tribunal ruled that the Fifa fee cap was anti-competitive, but could still potentially be enforced for international transfers. Agents said the fee cap would have halved their income....
...The sector’s resilience explains why Choice Hotels International is looking to check into rival Wyndham Hotels and Resorts....
...Choice Hotels International has gone public with a nearly $10bn hostile bid for rival Wyndham Hotels and Resorts, after six months of takeover talks to create one of the biggest US budget hotel operators...
...In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month....
...From a December press release: Liberty Media Corporation (“Liberty Media” or “Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc....
...However, it is not a lucrative market for foreign banks, which face low fees, limited brand recognition and fierce competition with local rivals....
...That deal was soon followed by a €1.5bn investment in Chinese EV start-up Leapmotor by Stellantis, which makes Jeep cars in the US and owns the Fiat and Citroën brands in Europe....
...with Xpeng in other areas, including operating Xpeng’s models on Didi’s ride-sharing platform and providing marketing, financial and insurance services, as well as areas covering charging, robotaxis and international...
...Bruno Huggler, the head of the Crans tourism office, said that Vail’s international footprint was “an undeniable asset, notably for the North American market.”...
...Companies still present in Russia include Italy’s UniCredit, Austria’s Raiffeisen, Switzerland’s Nestlé, the UK’s Unilever and the US’s Philip Morris International and PepsiCo....
...“Switching to a new brand brings with it noteworthy commercial risk.”...
...Competition is intense but the Beahons have proved there is at the least a gap in the market for their brand. Castore is small but it’s growing. Don’t count them out....
...Louis Vuitton 2.0 The LVMH-owned brand has been one of the biggest winners of the luxury boom. CEO Pietro Beccari faces the challenge of expanding a huge brand without sacrificing clout....
...About 40 per cent of this will be bought by the International Finance Corporation, the investment arm of the World Bank....
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