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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
...In the second quarter of this year, Suning closed 73 stores, while the fate of the remaining 41 is uncertain....
October 18, 2023
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
HTSI
The rise of the super e-scooter
...Inokim, founded in Israel in 2009, recently closed its store in central London citing the lack of coherent legislation – although that coincided with the London opening of the first overseas store of Milan-based...
January 26, 2024
News in-depthElectric vehicles
Ola Electric heads for two-wheeler IPO in India’s first EV listing
...to the popular non-electric Honda Activa scooter at about Rs76,000....
January 17, 2024
News in-depthCVC Capital Partners Ltd
How CVC struggled to makeover profits at beauty retailer Douglas
...Van der Laan said Douglas “has not declared stores dead”, with the chain planning to open 200 by 2026....
March 10, 2024
UK retail industry
Surviving UK department stores seek to avoid fate of fallen rivals
...John Lewis shut 16 stores during the pandemic, cutting the total to 34 as it implements a protracted turnaround plan....
January 5, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthJohn Lewis Partnership PLC
How John Lewis and M&S are faring in the battle for Middle England
...“Retailers are eternally dissatisfied people,” said Peter Ruis, the well-respected retail executive who recently returned to the John Lewis team to help revamp its department stores, this week....
March 16, 2024
Mountain Warehouse Ltd
Mountain Warehouse plans spree of new stores after returning to profit
...The latter collapsed earlier this year. “We’ve got more stores coming, and bigger stores,” he said....
November 27, 2023
The Big Read
The implosion in luxury ecommerce
...The rise of these online retailers represented a stark challenge to the conventional way of doing business in the luxury sector, where brands tightly control distribution and spend heavily on lavish stores...
March 29, 2024
IPOs
CVC-owned beauty retailer Douglas plans Frankfurt listing
...The retailer, which operates more than 1,800 stores in over 20 European countries and is majority-owned by private equity group CVC, said on Monday that it was aiming to raise €1.1bn....
March 4, 2024
#techAsia
Nvidia goes big and US chip projects stutter Premium content
...or be banned from US app stores....
March 21, 2024
Selfridges & Co Ltd
Thai investor set to take control of Selfridges Group
...Together they also own Munich’s most prestigious department store, Oberpollinger, Hamburg’s premier venue the Alsterhaus, and the Swiss chain of luxury department stores, Globus....
November 14, 2023
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
Cryptocurrencies
Crypto group Copper served sushi off partially clad models
...Copper, which stores digital assets for customers, held the private party last week at the five-star Mandrake hotel in London after a large crypto industry conference....
March 26, 2024
FT SeriesHTSI spring menswear special 2024
The Dunhill creative director’s black book of style
...The best souvenir I’ve brought home is a dull-gold tea caddy from Hankyu, a homeware department store in Osaka. The shop’s craftsman hand-hammered the texture on the outside....
March 8, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Personal Finance
Investors’ Chronicle: Shoe Zone, Games Workshop, Taylor Wimpey
...Budget footwear group Shoe Zone has managed to increase sales while closing stores — an unlikely combination in the retail sector....
January 12, 2024
Britain after Brexit
New import charges crystallise cost of Brexit Premium content
...Now she’ll pay an additional £145 charge on a mixed pallet of products for the store....
April 4, 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
News in-depthRetail sector
Nike challenger Anta faces fresh rivals in Chinese sportswear race
...The 17-year-old managed to bargain his way into selling the shoes they made in the capital’s department stores....
December 26, 2023
Due Diligence
Is private equity’s $3tn problem starting to ease? Premium content
...Things have improved since and the company has won praise for its online and in-store shopping experience. Nevertheless, the business is still saddled with more than €3bn of debt....
March 12, 2024
News in-depthWaterstones Booksellers Ltd
Waterstones IPO would open new chapter for bookseller, says James Daunt
...Now, the stores make money every month of the year, even if Christmas is still an important bump. “It was a ‘pile high, sell it cheap’ sort of world....
December 2, 2023
Revolut Ltd
Revolut calls on High Court to throw out lawsuit over account closure
...A complaint filed to an Illinois court in November last year alleged that the company breached state privacy law by failing to appropriately disclose how it collects and stores this data, which prospective...
January 17, 2024
Person in the News
Taylor Swift: a pop star at the peak of her powers
...One sentence towards the end of a song — about making friendship bracelets — boosted sales at craft stores across the US. Several universities, including Harvard, have created classes about her....
December 23, 2023
Japanese business & finance
Japanese department store workers to stage first strike since 1950s
...The strike, involving as many as 900 workers, is being held in protest against plans by the department store’s owner, 7&i Holdings, to sell the 10-store Sogo & Seibu chain to the US investment fund Fortress...
August 30, 2023
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

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