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The buying fell for the first time in the past five weeks while the selling among directors surged for the second straight week based on filings on the Hong Kong stock exchange from January 8 to 12. A total of 47 companies recorded 200 purchases worth HK$129 million (US$16.5 million) versus 28 firms with 117 disposals worth HK$328 million. The buy figures were down from the previous week’s four-day total of 48 companies, 207 purchases and HK$173 million.
Women travellers could account for 25 per cent of total sales by 2021, and up to 50 per cent in the next 10 to 15 years, Samsonite’s CEO said.
Beijing/Shanghai: The great Chinese environmental cleanup, now in full swing, is shifting the corporate landscape in unexpected ways and even stoking inflationary pressure that may soon be felt in supply chains worldwide. (60-0)
Cost of meeting environmental regulations is increasing companies’ costs and leading some firms to consider moving production abroad, according to analysts (60-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (60-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (197-0)
Tracking device can monitor a bag’s location every 20-30 minutes using an array of wireless communications resources
Asian equity markets have made strong gains over the last twelve months, underpinned by a cyclical upturn in corporate earnings and the robust global economic backdrop. Investment returns for UK investors have also benefited from the weakness of sterling relative to Asian currencies. The political and macroeconomic environment has at times been challenging, with events such as the UK vote to leave the EU and the election of US President Donald Trump seeing a marked increase in uncertainty.
The following slide deck was published by Samsonite International SA in conjunction with their 2017 Q1 earnings call.
April 7 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Luggage manufacturer and retailer Samsonite is betting on a mix of local innovation and bringing products from international acquisitions to keep its hold on the market.
Major retailers and mall operators are reporting that their sales declines have slowed in the second half of 2016, indicating that Hong Kong’s retail slump may have found a bottom.
The following slide deck was published by Samsonite International SA in conjunction with their 2016 Q4 earnings call.
HONG KONG: Samsonite International SA , the world's largest luggage maker, said on Thursday it was considering relocating some of its manufacturing to the United States.
Only a few months after firing a CEO with deep roots in the world of luxury, Lands’ End le has again tapped an executive with experience in upscale retail to lead it out of a protracted slump.