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C'sMEN to offer early-retirement program

Wednesday, 11 Jan 2017 01:12am EST

C'sMEN <3083.T>: Says it will offer an early-retirement program with a subsidiary to employees, who are managers above 40 years old or regular employees above 35 years old . Says the offering period from Jan. 30 to Feb. 17 . The company expects 35 employees to take the offer . Says the employees who take up the offer will retire on March 14 .The company will provide retirement payment and outplacement support to the retiring employees.

Ascena Retail says restructured its business into 4 operating segments

Tuesday, 4 Oct 2016 06:14pm EDT

Ascena Retail Group Inc : Ascena retail group inc says begins execution phase of its major enterprise transformation plan . Reschedules investor day to january 18, 2017 . Ascena retail group inc says announced creation of its new ascena brand services (abs) team . Restructuring will result in a pre-tax charge of approximately $10 to $12 million in q1 . Additional charges are expected in future related to ongoing transformation work . Gary muto, president and ceo of company's ann brands, will retain responsibility for ann taylor, loft, and lou & grey brands . Expects to recover majority of restructuring charge in form of reduced operational expenses over course of fiscal 2017 . Expects additional $100 - $150 million in cost savings by fiscal 2019 . Expects its new change for growth program will deliver an incremental $100 - $150 million of cost savings by fiscal 2019 . Restructuring has been accompanied by a number of executive departures to eliminate organizational overlap . Says restructured its business into four operating segments . Brian lynch, most recently president and ceo of justice brand, will assume direct responsibility for ascena brand services in his role as coo . Ahead of plan with synergy,cost savings workstreams that will deliver $235 million of cost savings associated with integration of ann inc.

Haruyama Trading to take over big size clothes business from Mori One Co Ltd

Friday, 19 Aug 2016 01:35am EDT

Haruyama Trading Co Ltd <7416.T>: Says it plans to take over the business of big size clothes from its wholly owned unit Mori One Co Ltd .Says effective date on Oct. 1.

Jinfa Labi Maternity & Baby Articles scraps asset restructuring plan

Monday, 11 Jul 2016 12:52am EDT

Jinfa Labi Maternity & Baby Articles Co Ltd <002762.SZ> :says it scraps asset restructuring plan, shares have resumed trading on July 11.

Charles Voegele Holding: court approves Charles Voegele Belgium's application

Tuesday, 5 Jul 2016 12:00pm EDT

Charles Voegele Holding AG : Commercial court approves Charles Voegele Belgium's application . Court approved Charles Voegele Belgium's application for judicial reorganization through transfer of business activities .Nothing will change for employees in Belgium during this phase, activities will continue as usual under local management team.

Bosideng International Holdings Ltd shuts 1,300-plus clothing stores - Nikkei

Thursday, 30 Jun 2016 01:26pm EDT

: Bosideng International Holdings Ltd closed roughly 1,300 of its outlets selling down jackets last fiscal year amid the spread of online retailing- Nikkei Source - (http://s.nikkei.com/295CFu6) (Bengaluru Newsroom: +1 646 223 8780).

Charles Voegele Belgium will apply for judicial reorganization through transfer of business operations

Monday, 13 Jun 2016 12:00pm EDT

Charles Voegele Holding AG :Charles Voegele Belgium will apply for judicial reorganization through transfer of business operations.

PAL updates transition to holding company structure and it to change company name

Tuesday, 12 Apr 2016 02:30am EDT

PAL CO LTD:Says to transfer clothing and sundries business (entire business excluding group management business) to preparatory company that to be established on April 1, for transition to holding company structure.Planned effective Sep. 1.To change company name to PAL GROUP Holdings CO.,LTD, with effective date Sep. 1.Says previous release disclosed on March 29.

PAL announces transition to holding company structure

Tuesday, 29 Mar 2016 02:00am EDT

PAL CO LTD:To restructure the company into a holding company, planned effective Sep. 1.To establish a wholly owned subsidiary in Osaka in the early of April as preparatory company for the company's transition to holding company.

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