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LONDON: British online fashion retailer ASOS said problems with warehouses in the United States and Germany, which were behind a 68% slump in annual profit, were largely behind it, sending its shares sharply higher yesterday.
HONG KONG: Retail rents in Hong Kong, among the most expensive in the world, fell sharply in the third quarter, property consultancy CBRE said following anti-government protests that have pushed shop sales to a record low.
LONDON: Julian Dunkerton, the founder of British fashion group Superdry, has become the firm’s permanent chief executive after he won an acrimonious battle for control in April, it said yesterday.
HONG KONG: The hottest sportswear brand in the world right now -- at least in the stock market -- is a Chinese firm founded by former Olympic gymnast Li Ning.
China was once eager to spend on US brands. Then citizens of the world’s biggest country shifted their allegiances.
HONG KONG: Chinese luxury clothing giant Shandong Ruyi Technology Group Co.’s credit rating was cut deeper into junk by Moody’s Investors Service after the firm struggled to show it can repay its large upcoming debt maturities.
Noor Neelofa Mohd Noor, fondly known as Neelofa or Lofa to her fans, wore stunning outfits representing modest fashion at the recently concluded New York, Milan and Paris fashion shows.
TOKYO: A South Korean boycott of Japanese goods is seen dragging down sales at Fast Retailing Co Ltd's Uniqlo stores, denting otherwise strong financial results due to be announced on Thursday by Asia's biggest fashion group, analysts said.
THE jury is still out on whether digitalisation will spell an early end for mainstream print media businesses. But what is clear, though, is that the digital age has fundamentally transformed how the new generation of consumers is accessing information and entertainment, including changes in the way people consume and engage with food, music, film and art.
PETALING JAYA: The FBM KLCI fell to one of its lowest levels in four years yesterday, shedding some 331.06 points or 17.4% from its April 2018 high of 1,895.18.