Gump’s survived the San Francisco Earthquake – But not E-Commerce

157-year-old San Francisco department store Gump’s files Chapter 11 By Matthew Townsend at Bloomberg Retailer, founded in 1861, struggled to evolve to e-commerce Company hires liquidators while continuing to look for buyer Gump’s Holdings LLC, the San Francisco retail landmark that survived the 1906 earthquake, filed for chapter 11 bankruptcy protection after succumbing to the … More Gump’s survived the San Francisco Earthquake – But not E-Commerce

Milestone for FDI in the USA with more than USD 4 trillion

Direct Investment by Country and Industry: 2017 The U.S. direct investment abroad position, or cumulative level of investment, increased USD 427.3 billion to USD 6013.3 billion at the end of 2017 from USD 5586.0 billion at the end of 2016. The increase mainly reflected a USD 243.6 billion increase in the position in Europe, primarily … More Milestone for FDI in the USA with more than USD 4 trillion

EU Commission clears acquisition of Reifen Krieg Group by Bain Capital Investors

The European Commission has approved on August 6, 2018 under the EU Merger Regulation the acquisition by Bain Capital Investors LLC of the US of Reifen Krieg GmbH, Secura Reifenservice GmbH, Reifen24 AG, Moti Reifen GmbH, SW Reifenhandel GmbH, Komplettradlager.de GmbH, Duro Reifenservice GmbH, and MUTAVI-Solutions GmbH (together “Reifen Krieg Group”) of Germany. Reifen Krieg … More EU Commission clears acquisition of Reifen Krieg Group by Bain Capital Investors

Standard Detergent for High-Efficiency Washers

Although the latest revision of several AATCC laundering test methods and procedures defines standard laundering conditions for traditional top-loading machines, many labs also have high-efficiency (HE) washing machines. AATCC offers a standard detergent specifically formulated for use in HE washers. Less Foam One of the most visible features of high-efficiency detergents is that they produce … More Standard Detergent for High-Efficiency Washers

South Korea’s answer to Fast-Fashion opens in Brooklyn (USA)

A Land, a department store geared toward Millennials offering trends at high quality and low cost, opens in Williamsburg in Brooklyn One of Korea’s hottest high-street retailers, A Land, has hit U.S. soil. Known for its trendy assortment of men’s and women’s clothing, accessories, beauty, and home items, A Land is something of a department … More South Korea’s answer to Fast-Fashion opens in Brooklyn (USA)

Middle East Start-up for your unwanted Cartier gets new funds

By guest author Rodrigo Orihuela from Bloomberg Luxury Closet offers USD 52660 ostrich leather Hermes handbags Website raises USD 8.7 million to expand global reach, users The Luxury Closet, a website for buying and selling secondhand luxury goods, has received fresh backing from a group of Middle Eastern venture capital investors as it seeks to … More Middle East Start-up for your unwanted Cartier gets new funds