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Gap to open its first stores in Africa

Clothing retailer Gap Inc will enter Africa this year, as part of an ongoing international push, with plans to open stores in Egypt and Morocco. The company plans to open its first Gap store in Egypt next month and...

Metro plans to open 20 stores in Ukraine, investing $125 million

Metro AG, Germany's largest retailer, will invest 1 billion hryvnia ($125 million) to open about 20 new Ukrainian stores by 2013 as the economy rebounds for a second year after the deepest recession since 1994. “With its huge population...

L’Oréal expands its Russia business

Paris-based L’Oréal group, the world's largest cosmetic and beauty company, will soon open its first factory in Russia. The firm's new 111,111-square-foot plant is designed to manufacture shampoos, hair conditioners and dyes for L’Oréal Paris and Garnier. These products...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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