299
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Fibre2Fashion
Published
Dec 2, 2018
Download
Download the article
Print
Text size

Global Brands revenue down 4.1% in H1

By
Fibre2Fashion
Published
Dec 2, 2018

Global Brands Group Holding Ltd has entered a new phase of development with a strengthened balance sheet and simplified organisational structure focusing on its core businesses in the first half. The revenue of the company is down by 4.1 per cent to $699 million during the same period.


Global Brands Group


The company also completed sale of select North American businesses by October 29, 2018 and the estimated price of $1.2 billion in cash was received, according to a media statement from the company.

At the same time, in line with its broader strategy of focusing on its core business, Global Brands has also agreed to sell its loss-making kids’ business in China to the controlling shareholders for a cash consideration of $20 million, representing the net tangible asset value of the business as at September 30, 2018.

“We are now a financially stronger and more nimble organisation able to adapt to a rapidly changing environment,” said Dr. William Fung, chairman of Global Brands.

“Despite significant levels of disruption, both from an industry and a macroeconomic perspective, we are well-positioned to focus on growing our core businesses and take advantage of the opportunities ahead. I am very confident about the company’s prospects.”
 

Copyright © 2024 Fibre2Fashion. All rights reserved.