said:"The year ended 29 January 2011 has been the seventh successive year of good progress in revenue and profitability for the Group. our store portfolios and new businesses during the year and since the year end.Meanwhile,
Oakley Jawbone Sunglasses,He said the main advantage of sourcing from UK manufacturers is that they can react and bring in the latest designs more quickly as compared to designing, 2011(Hong Kong)I.27% of the entire issued share capital of Japan’s Nowhere Co. Ltd (“Nowhere”) for an aggregate consideration of JPY230 million (approximately HKD2184million) IT first acquired from Mr Tomoaki Nagao 468 shares in Nowhere representing 6324% of Nowhere’s issued capital for JPY120 million IT then acquired 200 shares in Nowhere representing 2703% of Nowhere’s issued capital for JPY110 million in cash These transactions were funded by the Group’s internal internal cash and the Group intends to fund Nowhere’s operations with its internal resources and/or bank borrowings Upon the completion of the transaction Nowhere will become a subsidiary of the Group and its results will be consolidated into the accounts of the Group Incorporated Japan in 1995 Nowhere operates a menswear ladies’ wear kids’ wear fashion and related accessories retail and wholesale businesses under various brand names including “A Bathing Ape” “Bape” “baby milo” “BAPE STA” “URSUS BAPE” and “Mr BATHING APE” in various countries and owns the relevant trademarks The brands owned by Nowhere are amongst the most popular and well-known street wear fashion brand names in Hong Kong Japan and in various countries In order to ensure a smooth transition and integration after the acquisition Mr Nagao the designer icon behind the respective brands has agreed to serve as Creative Director of Nowhere for an initial period of two years and will focus on product design brand direction and image development Commenting on this acquisition Mr Sham Kar Wai Chairman and Chief Executive Officer of IT Limited said: “We are delighted about this acquisition of Nowhere which owns of some of the most sought-after brands in street wear fashion We believe that this acquisition will broaden the brand portfolio of our Group and increase our market share in the street wear fashion in Greater China It will also help position us better in tapping into the international market” “Through capital structure rationalisation and the implementation of stringent cost controls workflow re-engineering design and production cycle optimization to improve margin and production lead time we are confident that we can restore Nowhere’s a healthy balance sheet and positive cashflow The Group will also strengthen Nowhere’s global retail network by leveraging its solid brand name to capture a larger market share while creating better returns for shareholders and investors” IT Limited is a well-established trend setter in the fashion retail market in the Greater China Through its “multi-brand multi-layer” business model IT offers a range of apparel and accessory products from hundreds of international brands as well as in-house brands and licensed brands at varying price ranges targeting different customer segmentsIT LimitedInsiders credited the performance to a recession in the US and EU markets.
VNAMore Apparel/GarmentsNews - Vietnam.. 2013(India)Lifestyle,
Oakley Limited Editions Sunglasses, The selection process involves consumer and industry polls,
herve leger online, “CBP officers will continue to work and expend a full effort to discover and prevent shipments, 2009(United States Of America)A U. is an Official Licensee of Callaway Golf Company.12 More Ashworth Inc News..In fact, local design students attending Caritas Bianchi College of Career partnered with exhibitors to reflect the coming Autumn/Winter 2011-12 trends. including Trade Liberalization vs.
Kevin Burke, The manufacturing process reduces energy consumption up to 30% compared to producing virgin polyester."Our society.
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