FRANCE > Spain based Silbon, a male fashion brand, opens its first international store in Paris, France

silbon logo Spain based Silbon opens its first international store in Paris, France. The event were attended by CEO and founder of Silbon, Pablo López, the President of the Spanish Chamber of Commerce in Paris, José Michael García and the chair-tennis athlete who recently won doubles at Roland Garros who was dressed in Silbon, Stéphane Houdet. After a month long preparation, Silbon officially opened More …

USA > British gas station operator EG Group is set to acquire nearly 800 convenience stores operated by USA based Kroger Co for $2.15 billion

EG group logo EG Group is set to acquire nearly 800 convenience stores operated by USA based Kroger Co for $2.15 billion. Kroger is selling as it sharpens focus on its mainstay grocery business during a brutal price war between Kroger and chief rival Walmart , discounters Lidl and Aldi, and Whole Foods, which is owned by Amazon.com Inc. Kroger plans to use More …

FRANCE > Germany based Takko Fashion opens up second test store in France

Takko fashion logo Takko Fashion opens its second test store in France with which it is now present in 17 European countries. The first store was opened in France in 4th April in Wissembourg, Alsace. Takko Fashion is a smart discounter store and plans to open 13 stores throughout France this business year. According to CEO Arnold Mattschull, Takko Fashion: “We’re testing the market More …

USA > UK based JD Sports is set to acquire USA based Finish Line for $558 million

JD SPorts logo For $558 million UK based JD Sports is set to acquire USA based Finish line to expand JD’s presence into the U.S. sports market. However, Sports Direct International, the rival of JD sports, is the second largest shareholder with a 9.9 percent stake. Sports Direct International Plc. is owned by Mike Ashley and Ashley’s company also holds an indirect interest More …

CHINA > Italian Creation Group, a Milan based company is opening up 12 stores along the Silk Road in 2018

Italian Creation Group logo Italian Creation Group is set to open up 12 stores along the Silk Road out of which new stores in Mumbai, India; Hong Kong and Tokyo have already been opened and the stores in Shanghai, Foshan and Shenzen in China; Vietnam; Manila, The Philippines; Jakarta, Indonesia; Ahmedabad, India and Teheran, Iran are remaining. With the aim to expand its global More …

CHINA > British Toy Retailer – Hamleys – opens its largest store worldwide in Beijing, China

hamleys logo British Toy Retailer – Hamleys – opened its third store in China which is also its largest store worldwide on December 23rd, 2017 to coincide with the start of Christmas festivities. The outlet is located in Beijing most famous shopping streets in China, Wangujing, which is quite similar to Oxford Street in London. The store encompasses 10,700 sqm which covers More …

MALAYSIA > Swedish IKEA sets up supply chain center and regional distribution center in Malaysia

1280px-Ikea_logo.svg With an investment of RM 908 million ($ 213 million) Netherlands based IKEA is setting up supply chain center and regional distribution center for ASEAN in Malaysia. The Malaysian distribution center is to follow structure and technology like its biggest regional distribution center of Germany and it will be one of the 10 largest regional distribution center globally. According to More …