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Department Stores

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Isetan Mitsukoshi Holdings says on-site inspection of unit by Japan Fair Trade Commission

Tuesday, 13 Sep 2016 10:54pm EDT

Isetan Mitsukoshi Holdings Ltd <3099.T>:Says Japan Fair Trade Commission has conducted on an on-site inspection of a subsidiary of the company, Isetan Mitsukoshi Ltd., under suspicion of violation of Anti-Trust Law.

Madison International Realty acquires interest in Hudson's Bay Company public equity

Tuesday, 13 Sep 2016 09:39am EDT

: Madison International Realty acquires interest in Hudson's Bay Company public equity .Madison International Realty - Acquired 1.3% of Hudson's Bay common stock, in addition to a previous investment of $200 million in HBS global properties.

PARKSON Retail updateson disposal of equity interests in unit<3368.HK>

Tuesday, 13 Sep 2016 07:29am EDT

PARKSON Retail Group Ltd <3368.HK>: Very substantial disposal:disposal of the entire equity interests in a wholly-owned prc subsidiary and the relevant shareholder's loan <3368.HK> . Deal for total equity consideration fixed amount of RMB1.670 billion . Expected costs ,expenses associated with disposal property will not have material adverse impact on financial position of group . Expected that an unaudited gain of RMB0.9 billion will be accrued to the group as a result of the disposal .

Dalian Friendship Group to sell stake in three units for 855,078 yuan

Tuesday, 13 Sep 2016 05:04am EDT

Dalian Friendship Group Co Ltd <000679.SZ> : Says co plans to sell 100 percent stake in two shopping malls and 65 percent stake in a duty-free shop to affiliated party, Friendship Group, at price of 855,078.50 yuan .Says Friendship Group will also repay the debt of 366.4 million yuan owed by the three units to co.

J.Front Retailing announces on-site inspection of subsidiary by Japan Fair Trade Commission

Tuesday, 13 Sep 2016 03:04am EDT

J.Front Retailing Co Ltd <3086.T>:Says Japan Fair Trade Commission has conducted on an on-site inspection of a subsidiary of the company, Daimaru Matsuzakaya Department Stores Co.Ltd, under suspicion of violation of Anti-Trust Law.

Hamee and Generation Pass announce business alliance

Tuesday, 13 Sep 2016 02:12am EDT

Hamee <3134.T> and Generation Pass <3195.T>: The two companies formed a business alliance on Sep. 13 .Says the two companies will cooperate on collaboration of systems development businesses, operation and expansion of cross-border EC business.

Stockmann August sales up 0.2 pct

Monday, 12 Sep 2016 03:30am EDT

Stockmann Oyj Abp :Group sales in August up 0.2 pct at 86.8 million euros in continuing product areas and businesses.

Stockmann appoints Lauri Veijalainen new CEO

Monday, 12 Sep 2016 01:30am EDT

Stockmann Oyj Abp :Board of Directors has appointed Lauri Veijalainen as Stockmann's new Chief Executive Officer as of Sept. 12, 2016.

Dmail Group H1 net result turns to profit of EUR 33.7 mln

Thursday, 8 Sep 2016 05:02am EDT

Dmail Group SpA : Said on Wednesday that it reported H1 total revenue of 14.0 million euros versus 13.3 million euros a year ago . H1 net profit of 33.7 million euros ($37.9 million) versus loss of 5.2 million euros a year ago . Said that the H1 net result was boosted by positive non-recurring items and by the debt restructuring related to the composition with creditors [nL5N1810NX] .Said it restated its H1 2015 financial data.

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