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Wal-mart

The Markets

Wal-Mart Criticized for Working Practices at Asian Suppliers

A report published Tuesday by the Asia Floor Wage Alliance, a consortium of trade unions and labor rights activists, focused on workers at factories that manufacture for Wal-Mart.

– 10:03 AM, EST

Retail

Hong Kong Retail Sales Fall 7.5% in April

While the figure is disappointing for retailers, the drop does represent an improvement over the first part of the year.

– 5:41 AM, EST

Business

Chinese Stocks Surge on Index Speculation

The influential MSCI benchmark index might add Mainland stocks, so-called A-shares, to its roster.

– 5:13 AM, EST

Fashion

Karl Lagerfeld Designs Private-Label Brand for Seibu Sogo

The collaborative collection for fall spans women’s apparel and accessories and is destined for 15 Japanese department stores, and online.

– 12:01 AM, EST

Business

Tokyo Shares Gain

Japanese shares advanced following remarks from Federal Reserve Chairwoman Janet Yellen suggesting that an interest rate hike would be appropriate. Meanwhile, the yen weakened against the dollar and Japan looks set to postpone a controversial sales hike slated for next year.

– May 30, 2016

Ordre's website

Business

Ordre Gets Funding from Taiwanese Group

Chailease Group’s three year-old venture capital/private equity arm CL Capital Management has made a “multimillion dollar” investment in the startup.

– May 30, 2016

Business

China Fixes Yuan at Lowest Rate in Five Years

The move is considered a response to Fed Chair Janet Yellen’s recent comments indicating that an interest rate rise could be on its way in the coming months.

– May 30, 2016

Camilla showed on a cruise around Sydney Harbour.

Fashion

Australia Fashion Week’s Resort Focus Wins Buyers’ Praise

Sixty-nine designer collections were showcased across 45 shows at the event’s central venue and a number of off-site, mostly harborside, locations.

– May 28, 2016

Beauty

Shiseido Creates Body for Sustainable Development in EMEA Region

The move is in line with the Japanese beauty giant’s Vision 2020 corporate strategy.

– May 27, 2016

The Furla flagship on Shanghai's Nanjing West Road

Retail

Furla Opens Shanghai Flagship, Grows in China

In the first quarter of 2016, Furla’s China sales were up 60.6 percent, with like-for-like sales up 46.1 percent in local currency terms.

– May 27, 2016