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Li & Fung falls to 7-mth low as profit misses forecast

2011-3-28 HONG KONG, March 25 - Li & Fung Ltd fell 9.2 percent in its biggest single-day fall in percentage terms in about a year after the global consumer goods exporter posted a forecast-lagging profit for 2010 and failed to meet its previous three-year profit target. The stock ...

Group urges US not to implement WTO loss to China

2011-3-28 * US should explore other options in case, group says * Those include negotiations, paying compensation WASHINGTON - The United States should refuse to implement a World Trade Organization ruling that would weaken its ability to use countervailing duty laws against ...

Another interest rate hike 'to fight inflation'

2011-4-6 Middle East turmoil and Japan crisis add to pressure on prices BEIJING - The central bank raised interest rates on Tuesday, for the second time this year, to tackle inflation and asset bubbles in the world's fastest-growing major economy. The People's Bank of China said ...

China tightens forex management

2011-4-1 China's foreign exchange regulator has further tightened rules to prevent excessive capital inflows. Starting from April 1st, Chinese banks must cut their short dollar positions by as much as 60 percent. The State Administration of Foreign Exchange said banks whose forex ...

China's yuan advances to new high against U.S. dollar Thursday

2011-4-7 BEIJING, April 7 (Xinhua) -- The Chinese currency Renminbi (RMB), or the yuan, on Thursday gained 40 basis points, from Wednesday to a record high of 6.5456 per U.S. dollar. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central ...

MEGATECH Pakistan 2010 Post Show Report

Business Generated: 52.5% exhibitors generated 10 50 leads 20% exhibitors generated 50 100 leads 5% exhibitors generated more than 100 leads 15% exhibitors confirmed orders during the show

Huili Sneakers Return to Shanghai

2010-10-18 The 83-year-old sneaker brand Huili opened its flagship store yesterday in Shanghai, near its old factory location. In addition to the classic pairs worthy less than 100 yuan, there are also higer prices fashionable pairs, even a few customized hand-painted models ...

Study ranks 72 luxury brands on digital competence

2010-10-14 In a major shift from last year's results, fashion brands hold eight of the top 10 slots in the second annual Digital IQ Index for Luxury. Only two brands, Louis Vuitton and Ralph Lauren, managed to hang on to their Genius ranking, with newcomers Coach, Gucci, Hugo ...

Baidu cooperates with Rakuten to launch online shopping website

The online shopping mall, www.lekutian.com, launched by Baidu and Rakuten opens on October, 19. It sells various kinds of goods including apparels, accessories, electronic appliances, digital products, cosmetics, books and jewelry and so on. Baidu and Rakuten announced their ...

NE.TIGER to kick off China Fashion Week

2010-10-26 October 25th, the eyes of the fashion world will be drawn to the Golden Hall of the Beijing Hotel, where top Chinese luxury fashion brand NE.TIGER will kick off the ninth China Fashion Week with dramatic flair. A veritable weathervane for China's fashion trends, China ...

Exceed receives positive feedback for S/S collection

2010-10-26 Exceed Company Ltd., the owner and operator of "Xidelong" brand - one of the leading domestic sportswear brands in China, announced the results of its 2011 Spring/Summer collection sales fair, which was held at the Company's headquarters in Jinjiang in mid-September ...

First wellness label awarded to German sportswear producer

2010-11-3 German manufacturer of knitted sportswear Schneider Sportswear OHG from Albstadt in Baden-W??rttemberg has been awarded the Hohenstein Institute's first Wellness Label for textiles and clothing. The company's senior management was presented with the label for use on its ...

LVMH Not Ready to Sell Hermes International Stake, Arnault Tells Le Figaro

2010-11-8 LVMH Moet Hennessy Louis Vuitton SA isn't ready to sell its 17.1 percent in Hermes International SCA, Chief Executive Officer Bernard Arnault said in an interview with Le Figaro newspaper. "I don't see how the head of a publicly traded company is qualified to ask an ...

INVISTA & Markor sign BDO license agreement

2010-11-3 INVISTA, a world leader in chemical intermediates, polymers and fibers, signed a technology licensing agreement with Markor Chemical for butanediol (BDO) manufacturing technology. Headquartered in Urumqi, Xinjiang Province, China, Markor Group is a private company with ...

Burberry expects to increase average retail space in China

2010-11-5 British luxury house Burberry has reported a robust financial performance in H1 2010 as the combined successes of its retail, wholesale and licensing divisions resulted in a 17 per cent increase in total revenues. Burberry's total revenues (excluding Spanish operations, ...

Li & Fung to source for Li Ning brand (Hong Kong)

2010-11-5 Hong Kong-based multinational Li & Fung Limited, the global consumer goods exporter, announced it will become a sourcing agent for Li Ning Company Limited s brands in both international and domestic market. The agreement will cover sourcing for a certain range of brands ...

Mouawad Masterpiece to hit Victoria Secret runway

2010-11-10 Mouawad, the luxury jewelry brand with a 120-year heritage, will showcase the exclusive Masterpiece Collection on the runway of this year s Victoria s Secret Fashion Show on November 10, 2010 in New York City. The Mouawad Masterpiece Collection will stunningly ...

Avon to sell its ownership of Avon Japan

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China-based textile firm seeks listing in Taiwan

2010-10-28 Tainan Enterprise (Cayman) Co., Ltd., a China-based garment designer and producer, has filed an application with the Taiwan Stock Exchange for a primary listing, the exchange said yesterday. The exchange said the firm's parent company is Taiwan-based Tainan Enterprises ...

Armani targets Chinese market with new online outlet

2010-12-6 Last week, a new online outlet was started for Emporio Armani in one of its initial ventures in China by a leading fashion brand. Giorgio Armani the Italian fashion designer is planning to take advantage of the Chinese market with this new online outlet. Armani, in a ...
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finance

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sports

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