Swiss watchmaker Audemars Piguet is on track to hit 1 billion Swiss francs ($1.04 billion) in global sales this year, the firm’s chief executive said, amid a revival in luxury demand in China driving up watch sales.
Brazilian shoemaker Dass Nordeste on Monday announced plans to raise around 1 billion reais ($300 million) in an initial public offering, joining a handful of companies trying to bring back last year’s momentum.
China’s Ant Financial Services Group is in talks with investors to raise at least $8 billion in its next planned round of funding, for a potential valuing of $150 billion ahead of an expected stock market floatation.
The Dubai-based cryptocurrency firm on Tuesday said Alibaba Group Holding Ltd cannot monopolise the "magical" Alibaba name, and asked a U.S. judge to dismiss the Chinese e-commerce retailer's trademark lawsuit.
Adidas Outdoor has opened a new sales-focused office in Golden, Colorado to serve its Rocky Mountain region. The Colorado showroom will house sales reps and support the western market in key sales areas.
Zero clothing waste pioneer Zero Waste Daniel (ZWD) has partnered with NY's first gender-free clothing store for a pop-up and presentation to reveal a capsule called Gene(cis): Why Do We Dress Like This? A Fashion Story.
Billabong Lab has launched a new collection inspired by the works of Andy Warhol and Jean-Michel Basquiat, and the relationship between the two artists, featuring tees, boardshorts, swimwear and accessories.