Message :
Required fields
TOKYO (Reuters) - Japanese retailer Onward Holdings is selling its loss-making Jil Sander brand to Italian luxury conglomerate OTB, which will add the label to a collection that includes Diesel, Maison Margiela and Marni.
Onward, which bought the Jil Sander brand for about $244 million in 2008, said in a Tokyo Stock Exchange release on Friday that the subsidiary recorded a loss of 17.8 million euros ($21.22 million) in the year through February 2020.
The company, which depends heavily on sales at Japanese department stores and has struggled with pandemic-related closures and weak consumer spending, said it aimed to shore up its finances by exiting the Jil Sander business.
North-South Highway: slow site clearance and material shortage Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
01/03/2021 14:08 GMT+7
Some provinces have failed to meet the Prime Minister’s deadline for site clearance for the eastern part of the North – South Highway.
Some provinces have failed to meet the Prime Minister’s deadline for site clearance for the eastern part of the North – South Highway.
Six out of 11 sections of the eastern part of North-South Highway for the period of 2017-2020, which were converted to public investment, have started. Two other sections that are also invested by the State are expected to start in May.