60% of Unilever’s turnover come from emerging markets. Citing soft demand in two of its growth markets, China and India, consumer goods giant Unilever said its third quarter sales were weaker than expected, Emerging markets account for 60% of its… Read More ›
growth markets
Amazon holding exploratory talks to acquire stake in Reliance Retail
Amazon and Walmart are competing to expand their footprint in India – one of their most important growth markets. On Thursday, according to a report from the Economic Times, Amazon.com Inc has engaged in exploratory talks with India’s Reliance Industries… Read More ›
Britain’s CMA blocks Sainsbury’s $9.4 billion takeover with Walmart-owned Asda
Walmart’s strategy to exit Britain, one of its weakest performers in its global portfolio, has effectively been blocked. Facing limited options, here’s an examination of the issue, its implications for Walmart and a potential way around it. In a significant… Read More ›
Essilor’s 46 billion euro merger with Luxottica creates ripples in the global eyewear market
The combined company will be headquartered in Paris and will be listed in the Paris Stock Exchange. As per two sources familiar with the knowledge at hand, France’s Essilor and Italy’s Luxottica have agreed to combine forces in order to… Read More ›