Business
EXCLUSIVE: Zegna to Stage Show in Dubai, Villa Zegna in June
MILAN — “Luxury is about movement, evolution and embracing new perspectives,” according to Gildo Zegna, chairman and chief executive…
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Business
Business
Jefferies hires two senior traders from CLSA in Asia push
JEFFERIES Financial Group hired two senior traders from CLSA, building out in Asia-Pacific after its revenue in the region jumped last…
Business
StanChart to return US$1.5 billion more as Q4 earnings beat estimates
STANDARD Chartered said it would hand back US$1.5 billion more to shareholders as it reported fourth-quarter earnings that beat estimates,…
Business
IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…
Business
Rex International falls 19.5% to S$0.173 on heavy trading after profit warning
SHARES of oil exploration and production company Rex International fell on Friday (Feb 21) morning on heavy trading after the company said…
Business
PBOC injects most short-term funds this month amid cash crunch
The PBOC has been tolerating a surge in repo rates and kept liquidity conditions tight, aiming to support the yuan amid economic headwinds…
Business
Chinese bubble tea chain Mixue aims to raise US$443 million in Hong Kong IPO
Mixue has 45,000 stores in mainland China and 11 other countries through a major franchise network CHINA’S largest bubble tea and drinks…
Business
Stocks to watch: Wilmar, SIA, Genting Singapore, Starhub, FEHT, The Hour Glass, UOL
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 21): Wilmar: It posted on Thursday…
Business
Seatrium achieves first full-year profit with S$120.9 million H2 earnings
On its return to profitability, the company proposes a final dividend of S$0.015 a share SEATRIUM swung into the black with a net profit…
Business
Payments firm Block’s profit misses estimate on underwhelming holiday spending
BLOCK’S fourth-quarter profit fell short of estimates as spending growth during the holiday season and gains from a post-election surge in…
Business
Rivian records first gross profit as EV policy risks loom
RIVIAN Automotive recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned that…
Business
The 2025 100 Greatest Hair Products of All Time
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. Big…
Business
Saks Global’s New Payment Terms Trigger Strong Industry Reaction
Playing hard ball. That’s how many vendors view Saks Global’s new approach to paying them for past and future orders, while expressing…
Business
Tanger Sees Q4 Gains Across Several Metrics
Tanger, fueled by its ongoing strategy of tenant diversification, acquisitions and “robust” leasing activity, reported a strong fourth…
Business
Birkenstock slumps as unchanged outlook overshadows sales boost
BIRKENSTOCK Holding shares fell after the German shoe company opted to keep its outlook unchanged, even as sales of its high-end sandals…
Business
IFF Unveils Shanghai Creative Center
International Flavors and Fragrances Inc. has recently unveiled the Shanghai Creative Center, a renovation and expansion project near the…
Business
Condé Nast U.K. Names Andrea Latten Chief Business Officer
LONDON — Condé Nast U.K. is shifting business. The publisher has named Andrea Latten its chief business officer for the U.K., WWD has…
Business
Alibaba Makes AI-driven Comeback, Revenue Jumps 8%
Alibaba reported a sharp revenue jump for its latest third quarter, thanks to robust AI products and e-commerce growth. For the three…
Business
Business for Sale: Buy Your Dream or Your Nightmare?
Buying an existing business can be a shortcut to achieving your entrepreneurial dreams, but it’s not always smooth sailing. Sure, it can…
Business
Marriott International signed 161 deals in Greater China in 2024
Marriott International has reported a robust year of growth in 2024 for its Greater China region, with 161 deals signed, equating to…
Business
US: Wall St opens lower as markets assess Trump’s tariff threats; Walmart drops
WALL Street’s main indexes opened lower on Thursday (Feb 20) as investors avoided risky bets after another bout of tariff threats from…
Business
Far East Hospitality Trust to acquire Sheraton hotel in Japan for 6 billion yen
FAR East Hospitality Trust (FEHT) will make its first Japanese hotel acquisition after expanding its investment mandate to global markets…
Business
Tesla Ignites India: Showroom Launches Signal a New EV Era
Feb 20 - The electric vehicle manufacturer Tesla (TSLA, Financial) chose essential locations throughout New Delhi and Mumbai to establish…
Business
Sing Investments & Finance H2 net profit up 21% at S$20.3 million
SING Investments & Finance (SingFinance) posted a 21 per cent increase in net profit to S$20.3 million for the half-year ended Dec 31,…