Gildan Activewear acquires Hanes Brands in major apparel deal
Canadian clothing giant Gildan Activewear has announced its acquisition of Hanes Brands for $2.2 billion, marking one of the most significant deals in the apparel [more…]
Category: Business
Econpile lands big contract
Econpile Holdings Berhad, a leading Malaysian piling and foundation specialist, has announced the successful acquisition of a significant construction contract valued at RM98.2 million. The [more…]
The rise of Spray-On sneakers
On, the Swiss running brand, has unveiled a groundbreaking innovation in athletic footwear: LightSpray™ technology, a spray-on process that redefines how running shoes are made. Unlike [more…]
Mitsui and NYK Line leads world’s first ocean data center hub
A groundbreaking initiative is underway as Japanese and UK firms collaborate to develop what they describe as the world’s first large-scale floating data center. This [more…]
French watchdog slaps Shein €40 million fine
French authorities have imposed a record €40 million fine on fast-fashion giant Shein after an investigation revealed the company engaged in deceptive discount practices. The [more…]
Costco sued over Lululemon lookalikes
Lululemon has filed a federal lawsuit against Costco, accusing the wholesale giant of selling unauthorized “dupes” of its popular athleisure clothing at significantly lower prices. [more…]
Vietjet unveils major sale and new routes
Vietjet is making summer travel more affordable than ever with a bold promotional push set for July 7. For one day only, travelers can unlock [more…]
Beiersdorf faces Swiss inquiry on Nivea pricing
Swiss competition authorities have opened an investigation into German consumer goods giant Beiersdorf, the maker of Nivea, following allegations that it has abused its market [more…]
Al Ain Farms & FoodIQ lead UAE clean-label shift
Al Ain Farms Group (AAFG), the UAE’s largest national provider of protein and beverages, has entered a landmark partnership with Finnish food-tech innovator FoodIQ, marking [more…]
Regulatory roadblocks stall UniCredit deal
UniCredit, Italy’s second-largest bank, is likely to withdraw its high-profile offer to acquire Banco BPM, marking a dramatic turn in one of the country’s most [more…]
