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ITALY > London based Michael Kors is set to acquire Italy’s Versace for 1.83 billion euros ($2.1 billion)

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London based with roots in United States, Michael Kors, is set to acquire Italy based Versace for 1.83 billion euros ($2.1 billion). Michael Kors also bought shoemaker Jimmy Choo last year for $1.4 billion and with the latest acquisition of Versace will add new layer to Michael Kors offering. According to Michael Kors chief executive […]

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

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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 […]

CHINA > USA based BEARPAW expands to China and Europe

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BEARPAW, a leader in fashion footwear for men, women and children expands into China and Europe with the establishment of two entities. BEARPAW is forming Zhenjiang Boom Trading Company, Inc. in China and BEARPAW Europe, BV in Europe. Both these new entities will fall under the Romeo & Juliette, Inc. umbrella within BEARPAW holdings. According […]

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

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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 […]

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

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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 […]