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BERLIN: Hugo Boss expects sales and operating profit to recover in the fourth quarter, helped by more modern stores and growth in mainland China and e-commerce, after the German fashion house reported falling sales in the United States and Hong Kong.
SYDNEY: Major currencies started the week in a quiet mood with a holiday in Tokyo making for thin trading conditions and investors waiting to hear the first official speech from the new head of the European Central Bank later in the session.
HONG KONG: Hong Kong’s economy contracted sharply in the third quarter as it entered a recession, exceeding economists’ worst estimates of the damage from nearly five months of protests.
STOCKHOLM: The chief executive officer of fashion giant Hennes & Mauritz AB says a growing movement that shames consumers represents a very real social threat.
PARIS: LVMH, the world's biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweller.
For the majority of companies, the sole aim is to generate profit. This is not the case for Feruni Ceramiche Sdn Bhd.
NEW YORK: LVMH, the French owner of Louis Vuitton, is exploring a takeover of Tiffany & Co to expand in the US jewellery market, according to sources.
IN celebration of a decade championing business excellence, Star Media Group Bhd is bringing together the alumni of The Star Outstanding Business Awards (SOBA) to form the SOBA Fraternity.
ON PAPER, you could scarcely imagine two more different companies than WeWork and Saudi Aramco.
VENTURE capitalists remain upbeat about investing in Indonesian startups despite rising fear that global headwinds, caused by the escalating trade war between the United States and China, could hurt the country’s economy.