Mulberry launches new entity to operate its businesses in Asia

The move follows the signing of a new business agreement with Challice Limited. Mulberry Asia will begin trading in Hong Kong from 3 April. In addition, a subsidiary in China and a branch office in Taiwan are expected to be operational this year once the business secures relevant business licences for the territories. The Mulberry... Continue Reading →

Amazon clinches deal to buy Middle East online retailer Souq.com

Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last-minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls, first revealed by Arabian Business on Friday. The value and terms of the agreement, which deal adviser Goldman Sachs called "the biggest-ever technology M&A transaction in the Arab world", were not disclosed. But sources... Continue Reading →

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