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Malayan United Industries appoints Madam Wong Shuk Fuen as CFO

Monday, 18 Sep 2017 06:32am EDT

Sept 18 (Reuters) - Malayan United Industries BHD :Says appointed Madam Wong Shuk Fuen as chief financial officer.

LightInTheBox reports Q2 ‍loss per share of $ 0.01​

Monday, 18 Sep 2017 06:00am EDT

Sept 18 (Reuters) - LightInTheBox Holding Co Ltd :LightInTheBox reports second quarter 2017 financial results.Sees Q3 2017 revenue $75 million to $78 million.Q2 revenue rose 19.6 percent to $78.5 million.LightInTheBox Holding Co Ltd qtrly ‍loss per share $ 0.01​.LightInTheBox Holding Co Ltd - non-GAAP net income per ADS was $0.00 in Q2 of 2017.LightInTheBox Holding Co Ltd qtrly ‍net loss per ADS $0.03​.

Shop Apotheke Europe says currently no talks or negotiations with Amazon​

Friday, 15 Sep 2017 07:09am EDT

Sept 15 (Reuters) - SHOP APOTHEKE EUROPE NV ::COMMENT ON MARKET RUMORS REGARDING A POSSIBLE TAKEOVER BY AMAZON.‍SHOP APOTHEKE CLARIFIES THAT CURRENTLY THERE ARE NO TALKS OR NEGOTIATIONS WITH AMAZON​.

Komehyo unit KOMEHYO HONG KONG to se up trading unit in Shanghai

Friday, 15 Sep 2017 02:09am EDT

Sept 15(Reuters) - Komehyo Co Ltd <2780.T>:Says its unit KOMEHYO HONG KONG LIMITED will set up a wholly owned trading unit in Shanghai, China, in October, with registered capital of 100 million yen (6 million yuan).

Stockmann negotiates sale of Nevsky Centre property in St Petersburg

Thursday, 14 Sep 2017 10:45am EDT

Sept 14 (Reuters) - STOCKMANN OYJ ABP :STOCKMANN IS NEGOTIATING THE DIVESTMENT OF ITS NEVSKY CENTRE PROPERTY.STOCKMANN IS NEGOTIATING THE DIVESTMENT OF ITS NEVSKY CENTRE PROPERTY.SAYS NO DECISION HAS BEEN MADE ON SALE OF PROPERTY, AND THERE IS NO CERTAINTY REGARDING COMPLETION​.

UK retailer John Lewis says sales momentum is encouraging ahead of Christmas

Thursday, 14 Sep 2017 04:05am EDT

Sept 14 (Reuters) - John Lewis Plc [RIC:RIC:JLPLC.UL]:Uk retailer john lewis' managing director says early sales momentum into the christmas period is encouraging.Waitrose managing director says no indication that black friday momentum will slow down.John lewis says uk parliament needs to have a serious debate about the way in which the uk leaves the eu.

Myer Holdings says sales in first six weeks of FY2018 are below expectations

Wednesday, 13 Sep 2017 07:35pm EDT

Sept 14 (Reuters) - Myer Holdings Ltd :In FY2018, Myer anticipates continuing changes to both consumer behaviour and broader competitive environment."we are obviously disappointed to have not reached our target of exceeding last year's npat of $69.4 million"."progress against our metrics that matter is slower than we anticipated"."Today we are announcing that we will not be renewing leases at colonnades, belconnen and hornsby".Notes that consensus for underlying npat in FY2018 of $66 million already factors in a subdued start to the year.Sales in first six weeks of FY2018 are below expectations.

Myer Holdings posts FY net profit after tax $67.9 million

Wednesday, 13 Sep 2017 07:29pm EDT

Sept 14 (Reuters) - Myer Holdings Ltd :FYy total sales value from ordinary activities down 2.67% to A$3.20 billion.FY net profit after tax $67.9 million versus $69.4 million a year ago.Q4 sales down 1.5%, down 0.2% on a comparable store basis.Declares final dividend of 2.0 cents per share.For 12 month period total sales were down 0.2% on a comparable stores basis.FY operating gross profit was $1.22 billion, with margin down 58 basis points to 38.12% broadly reflecting higher concession mix.All figures in A$.

Nordic Capital sells remaining shares in Tokmanni Group

Wednesday, 13 Sep 2017 07:05am EDT

Sept 13 (Reuters) - Private equity firm Nordic Capital: :Says has sold all of its remaining shares in Tokmanni Group Corporation <<>>.Says the remaining shareholding of 15.21 percent was sold on September 12, 2017.Nordic Capital acquired Tokmanni in 2012 and listed it on Nasdaq Helsinki in April 2016.

Detsky Mir signs preliminary rent agreement for new distribution center in Urals ‍​

Tuesday, 12 Sep 2017 05:15am EDT

Sept 12 (Reuters) - DETSKY MIR :SAYS SIGNED PRELIMINARY RENT AGREEMENT FOR NEW DISTRIBUTION CENTER IN URALS ‍​.

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