Wednesday , 17 December 2025

Recent Posts

India’s domestic aviation nearing pre-Covid levels

Bloomberg India’s domestic civil aviation operations continue steadily and the sector is nearing pre-pandemic levels, according to Civil Aviation Minister Hardeep Singh Puri. As many as 257,613 passengers flew locally as on January 22, compared with 30,000 passengers that traveled by air when such flights were restarted on May 25, Puri said in a Twitter post. “We are now within …

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Japan’s Shiseido in talks to sell personal-care business to CVC

Bloomberg Shiseido Co is in advanced talks to sell its shampoo and affordable skincare business to CVC Capital Partners for 150 billion to 200 billion yen ($1.45 billion-$1.9 billion), as the Japanese cosmetics maker shifts its focus to premium beauty products, people with knowledge of the matter said. The board of Shiseido is preparing to vote on the divestment soon, …

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Boohoo, Asos seek to rescue failed clothing brands online

Bloomberg Online fashion retailers Boohoo Group Plc and Asos Plc are seeking to rescue ailing UK retail mainstay brands like Debenhams and Topshop. Boohoo said it’s buying the Debenhams brand for 55 million pounds ($75 million). Separately, Asos Plc said it’s in exclusive talks with administrators of Philip Green’s Arcadia Group Ltd to buy the UK retailer’s Topshop brand and …

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