The families behind the world's biggest brewery group InBev will be participating in the second funding round of Lazada, Southeast Asia’s largest online warehouse.
In the middle of January, Spanish fashion label Mango is launching the “Violeta by Mango” line, designed for women of sizes 40 to 52.
The association of Belgian brewers is afraid that for the second time this year, France seems to be targeting beers with a severe tax as rumours of a “pre-mix tax” on tax residual sugar in beers continue to emerge.
The Versace family is negotiating a possible sale of 20 % of the Italian fashion label’s shares. IQ Made in Italy Venture, a fund with Qatar Holding participation, seems the most likely candidate. The deal would value the Milanese fashion label at 850 million euro.
Lotus City, a 1.5 million sqm large real estate project near Moscow, has been sold to two Russian real estate tycoons, Zarakh Iliyev and God Nisanov. Cushman & Wakefield believes the deal may be worth around 600 million euro.
La Lorraine Bakery Group aims to raise at least 40 million euro through the issuing of bonds, in order to finance further growth in Central Europe.
Luxury concern LVMH has bought a 40 % stake in Australian sports clothing 2XU (“Two times You”). Using their Singaporean investment fund L. Capital Asia, the French company hopes to introduce the brand into the Asian market first, spreading across the world afterwards.
Esprit CEO José Manuel Martinez Gutiérrez has announced a new brand to start in 2014. Along with that announcement, he said he expects the group to become profitable “probably even next year”.
742 web shops selling counterfeit products have been shut down in a large-scale international collaboration. Belgian customs closed down 254 .eu domains and 7 .be domains.
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