299
Fashion Jobs
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L'OREAL GROUP
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H&M
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ESTÉE LAUDER COMPANIES
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ESTÉE LAUDER - BRAND
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CLINIQUE
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TOMMY HILFIGER
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AESOP
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Senior Manager, Indirect Sourcing
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L'OREAL GROUP
Group Product Manager
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ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
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PUMA
Manager Innovation Technical Apparel
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DR. MARTENS
Head of Financial Accounting, Apac
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TJX COMPANIES
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A & F
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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
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KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
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JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters API
Published
Oct 16, 2020
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Richemont revives warrant scheme and conditional capital increase

By
Reuters API
Published
Oct 16, 2020

Richemont will go ahead with its plan to issue warrants to shareholders which can be traded or eventually used to acquire new shares, the luxury goods company said on Friday.


Photo - Cartier



The owner of Cartier will hold an extraordinary shareholders meeting on Nov. 17 to approve the creation of up to 22 million shares, which could be acquired after three years in exchange for the warrants.

The luxury group, which also owns Piaget, IWC and Vacheron Constantin watch brands, suspended its plans for a shareholder scheme in September as it considered simplifying its stock structure.

Richemont had proposed the scheme to preserve cash during the Covid-19 pandemic after halving its dividend to 1 Swiss franc per share.

The revised terms of the warrants will be published on the company’s website on Monday, Richemont said.

The final terms of the warrants, including the exercise price, will be published after the EGM.

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