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Semiconductors
South Korean chipmakers halt old equipment sales over fears of US backlash
...“They have a choice: to sell, to store, or to scrap,” said the Korea-based manager....
March 12, 2024
Carrefour SA
Carrefour and Chinese conglomerate Suning in legal battle over China stores
...Shoppers started favouring smaller, closer stores like the Alibaba-owned supermarket chain Hema Xiansheng....
October 18, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
InterviewGeely Automobile Holdings Co Ltd
Chinese high-end EV brand Zeekr expands into Middle East
...The Chinese automaker is also expanding in Europe and has announced plans to start sales in Netherlands and Stockholm stores in the fourth quarter....
September 29, 2023
UK retail industry
Surviving UK department stores seek to avoid fate of fallen rivals
...of its store on London’s New Bond Street, which is due to close its doors in 2024....
January 5, 2024
Leo Lewis
Oodles of noodles: how a global favourite became an economic red flag
...They are a portable, resilient and long-lasting store of nourishment in times of need — from dire to impulsive and all points between....
March 14, 2024
Selfridges & Co Ltd
Thai investor set to take control of Selfridges Group
...Thai investor Central Group is set to take control of the company behind London’s upmarket department store Selfridges, amid a financial crisis at its Austrian co-owner Signa....
November 14, 2023
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
News in-depthJohn Lewis Partnership PLC
How John Lewis and M&S are faring in the battle for Middle England
...Bickerstaffe’s departure had been planned, in a way, since she agreed to become co-chief executive in 2022....
March 16, 2024
News in-depthCVC Capital Partners Ltd
How CVC struggled to makeover profits at beauty retailer Douglas
...Yet CVC, which holds an 86 per cent stake alongside the Kreke family, who remain co-owners, will still need to be patient before it achieves a full exit....
March 10, 2024
Cobalt
Cobalt market stung by record oversupply
...Beijing has, however, been supporting cobalt prices by soaking up surplus supplies to store in a strategic reserve when they dip too low, buying an estimated 21 per cent of global cobalt metal supply, the...
March 1, 2024
The Big Read
The implosion in luxury ecommerce
...Tom Chapman, who was a co-founder of Matchesfashion, says that the initial concept was for a highly curated online shopping experience, rather than the broad-based market for designer products that it became...
March 29, 2024
Samsung Electronics Co Ltd
Samsung earnings signal chip sector turnaround in 2024
...Dram chips are used in smartphones, PCs and servers, while Nand flash memory chips are used to store data. HSBC forecast a “huge earnings recovery” for Samsung this year on a “demand-driven upcycle”....
January 9, 2024
UK retail industry
New Selfridges owners record £124mn loss
...The group that owns Selfridges and a handful of other upmarket department stores has recorded a £124mn loss since it was set up just over a year ago....
October 13, 2023
Due Diligence
Is private equity’s $3tn problem starting to ease? Premium content
...Private equity groups globally are now sitting on a record 28,000 unsold companies worth more than $3tn, according to Bain & Co’s annual PE report....
March 12, 2024
Japanese business & finance
Japanese department store workers to stage first strike since 1950s
...of convenience store operations....
August 30, 2023
#techAsia
AI at Davos and Samsung’s new ring Premium content
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
January 25, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexUniqlo Co Ltd
Uniqlo: Chinese growth supports push against Inditex in Europe Premium content
...Brick-and-mortar stores, long decried as dying in mainland China, deserve the credit. Uniqlo has nearly 1,000 outlets in mainland China, more stores than in its home market....
July 13, 2023
LexCapcom Co Ltd
Japan gaming: Capcom brings street fighting spirit to mobile games Premium content
...Already it is the top grossing app on Apple’s app store in Japan. Its mobile strategy makes a lot of sense....
September 26, 2023
UK retail industry
Poundland owner to take control of 71 Wilko sites as chain is wound down
...Chris Bonnett, owner of online garden centre GardeningExpress.co.uk, said on Tuesday that he had made an “extremely compelling offer” to acquire the Wilko brand and website....
September 12, 2023
Fast Retailing Co Ltd
Uniqlo owner raises annual forecast after surge in post-pandemic China sales
...Revenue also increased 24 per cent to ¥676.1bn as same-store Uniqlo sales in China rose more than 40 per cent during the quarter....
July 13, 2023
Due Diligence
Could the ‘trustbusters’ be making a comeback?
...Goldman Sachs co-head of Latin America Ricardo Mora is leaving the bank, DD reports....
December 19, 2023
Moira O'Neill
Five gold rings? I’d rather have silver
...Luke Hyde Smith is co-head of Multi-Asset Strategies at investment manager Waverton, which gains exposure by investing via the Global X Uranium UCITS ETF....
December 22, 2023
Walgreens Boots Alliance Inc
Boots and Walgreens to close 450 branches across UK and US
...No redundancies have been proposed and all affected staff will be offered work at nearby stores....
June 27, 2023
News in-depthCountry Garden Holdings Co Ltd
Chinese developer Country Garden’s Malaysian project in focus amid contagion worries
...A shopkeeper at a convenience store said business was picking up, and new stores planned to begin operating in the coming months as pandemic restrictions were lifted and travel from mainland China and elsewhere...
September 12, 2023
LexInvestor activism
Seven & i/ValueAct: Japan flips ‘closed’ sign towards activist Premium content
...Conbinis are convenience store chains stocking everything from rice balls to umbrellas. They are as intrinsic to Japanese economic life as hostility to foreign activists....
May 25, 2023
Scoreboard
Hollywood comes for Formula One Premium content
...The ATP, which runs the men’s tennis tour, is the latest big global sports body to hold talks with Saudi Arabia over potential co-investments, its chief told the FT....
July 1, 2023

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