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THE WHAT? German logistics firm Trans-o-Flex is looking to boost its growth by expanding into neighbouring European countries, according to Reuters.  THE DETAILS Specializing in services for the cosmetics, pharmaceutical and consumer electronics markets, the company is looking to focus on transporting sensitive or high-value goods, and is not intending to compete with delivery services such as …

THE WHAT? Unilever Sri Lanka is aiming to empower its work force through its Discover your Purpose workshops, offering it to all 1000 employees.  THE DETAILS The workshops, extended to blue collar workers in its factories, are said to help employees to find their purpose, which is said to positively impact people both personally and professionally.  THE …

THE WHAT? Douglas has announced its results for the third quarter of the current financial year. The German drugstore chain saw sales ‘significantly boosted’ in the April-June period, up 16.8 percent to €644 million. THE DETAILS E-commerce sales grew an impressive 20 percent in the third quarter to €268 million – Douglas noted that online …

THE WHAT? Shiseido Americas has announced the sale of prestige make-up brands bareMinerals, BUXOM and Laura Mercier to Advent International. Terms of the transaction were not disclosed by Advent, although a statement published by Shiseido lists the transfer price as US$700 million. THE DETAILS Shiseido said it will reinvest the funds into areas crucial for …

THE WHAT? Walmart isn’t taking Amazon’s recent growth spurt lying down, announcing the creation of a new revenue stream: opening up its delivery capabilities to businesses of all sizes as part of its wider plan to offer technologies and services to help other businesses navigate their own digital transformation. THE DETAILS The new white-label delivery …