Rheinmetall to build $321m artillery ammunition plant in Latvia
Rheinmetall has unveiled plans to establish a new production facility for 155 mm calibre artillery ammunition in Latvia, involving an…
All articles by Jangoulun Singsit
Jangoulun Singsit
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Primark expands in Italy with €40m investment
Fashion retailer Primark has unveiled a €40m ($45m) investment in Italy as part of its international growth plans to expand…
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IKEA Canada extends price cuts with C$50m investment
Home furniture retailer IKEA Canada has announced an additional investment of C$50m ($37m) to reduce prices on more than 550…
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Aldi to invest £55m in nine new stores in London
Supermarket chain Aldi UK, owned by German multinational Albrecht Discounts, plans to launch nine new stores in London in 2025,…
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ASOS revamps global distribution and plans enhanced US operations
British online fashion retailer ASOS plans to overhaul its global distribution network as it aims to enhance its US operations. …
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EC imposes €5.7m antitrust fine on Pierre Cardin and Ahlers
The European Commission (EC) has imposed a €5.7m ($6m) penalty on French fashion house Pierre Cardin and its primary licensee…
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Amazon’s AI partnership with Anthropic clears UK regulatory hurdle
The UK's Competition and Markets Authority (CMA) has concluded that the AI partnership between Amazon and startup Anthropic will not…
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Italy’s AGCM probes Shein over its environmental claims
The Italian Competition Authority, AGCM, has initiated an investigation into Infinite Styles Services, the operator of the Italian Shein website,…
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Amazon opens new robotics fulfilment centre in Calgary
US e-commerce giant Amazon has inaugurated its latest robotics fulfilment centre, YYC4, in the Canadian city of Calgary, Alberta. The…
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Italian retailer Cisalfa to acquire German company SportScheck
Italian retail company Cisalfa Sport has reached a deal to take over Germany-based omni-channel sporting goods retailer SportScheck. The move…