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STOCKHOLM: Swedish fashion chain H&M beat quarterly profit forecasts on Thursday after improving its ability to control costs as it expands across the globe.
BEIJING: JD.com Inc has bought a stake in London-based online fashion retailer Farfetch for US$397mil, in the Chinese e-commerce company’s largest overseas investment.
KUALA LUMPUR: Maxwell International Holdings Bhd, which manufactures sports footwear, plans to go big in retail and fashion business, said chief financial officer Tan Swee Song.
KUALA LUMPUR: PRG Holdings Bhd’s 75% owned subsidiary Furniweb Holdings Ltd is collaborating with Switzerland based luxury goods conglomerate Philipp Plein International Group (PPI) to distribute, promote and sell luxury fashion apparel carried on under PPI’s trade name.
NEW YORK:The Boston Globe published a bombshell expose on Friday accusing more than two dozen professionals in the fashion industry, among them legendary photographer Patrick Demarchelier, of sexual misconduct. All of them denied the allegations.
PETALING JAYA: The offer to buy over fashion apparel firm Voir Holdings Bhd has become unconditional after Vista Lestari Development Sdn Bhd and the persons acting in concert (PAC) with it bought a 50.71% stake in the company.
HONG KONG: SMCP, the KKR & Co-backed owner of French fashion brands Sandro, Maje and Claudie Pierlot, has attracted bids from Lion Capital and Chinese textile producer Shandong Ruyi Group, people with knowledge of the matter said.