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Apparel & Accessories

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Yamato International to offer early-retirement program

Thursday, 26 May 2016 12:30am EDT

Yamato International Inc <8127.T>: Says the co will offer an early-retirement program to employees, who are above 45 years old to 59 years old as of May 26 . Says offering period from June 20 to July 8 . Says the company expects 40 employees to take up the offer . Says the employees who take up the offer will retire on July 31 .The company will provide retirement payment and outplacement support to the retiring employees.

Wolford centralizes its sales and marketing organization

Tuesday, 24 May 2016 08:43am EDT

Wolford Ag : Is centralizing its sales and marketing organization . Will create about 20 new jobs in Bregenz in current 2016/17 financial year within context of implementing these measures . There will be one central sales and marketing platform for europe, middle east and africa (EMEA) region located at corporate headquarters in Bregenz . Company is also focusing on platform strategy in America and Asia through its business hubs in New York and Hong Kong . Relocation of sewing operations to Wolford site in Slovenia as initiated in 2014 and related concentration of textile production in Bregenz will finally be concluded in current financial year .As part of its strategic objectives, Wolford AG has set a goal of gradually increasing its EBIT margin to 10 percent in order to match performance of other luxury brands.

Desente to transfer most of domestic business to newly established preparatory firm

Monday, 9 May 2016 10:25pm EDT

Desente Ltd <8114.T>: Says it will set up a wholly owned preparatory company to take over part of Desente's business via corporate splits .Says the preparatory company to be set up in mid September and corporate splits effective April 1, 2017.

SANYO SHOKAI to merge Japan-based unit

Wednesday, 27 Apr 2016 10:00pm EDT

SANYO SHOKAI LTD:Says it to merge a wholly owned Tokyo-based subsidiary that engaged in lease and leasing of real estate.Says its subsidiary to be dissolved after merger.Planned effective on July 1.

Citizen Holdings to merge two units; announces name change

Wednesday, 27 Apr 2016 03:00am EDT

Citizen Holdings Co Ltd:To merge with its Tokyo-based unit engaged in manufacture and sale of watch and related parts, and its another Tokyo-based unit engaged in real estate related business, with effective on Oct. 1.Says the two units to be dissolved after the transaction.To change its name into Citizen Watch Co., Ltd. after the merger.

Joeone to dissolve wholly owned subsidiary

Tuesday, 26 Apr 2016 08:00pm EDT

Joeone Co Ltd:To dissolve a wholly owned Henan-based subsidiary that engaged in production and sale of clothing.

Hubei Xinyangfeng Fertilizer to merge Hubei-based unit

Monday, 25 Apr 2016 08:00pm EDT

Hubei Xinyangfeng Fertilizer Co., Ltd:Says to merge a wholly owned Hubei-based fertilizer subsidiary and the subsidiary to be dissolved after merger.

Court approves Vincenzo Zucchi SpA debt restructuring agreement

Wednesday, 2 Mar 2016 03:00pm EST

Vincenzo Zucchi SpA:Court in Busto Arsizio approves the debt restructuring agreement.

Onward Holdings to dissolve subsidiary

Friday, 26 Feb 2016 01:00am EST

Onward Holdings Co Ltd:To dissolve a wholly owned subsidiary in London.Effective date is not decided yet.

Citizen Holdings announces transition to operating holding company structure

Friday, 12 Feb 2016 01:00am EST

Citizen Holdings Co Ltd:Resolved to commence preparations to make the transition from a pure holding company structure to an operating holding company structure by Oct. 1.The Company plans to make the transition to a structure with the Company as the operating holding company by the method of absorption-type merger in which the Company is the surviving entity and Citizen Watch Co., Ltd. and Citizen Business Expert Co., Ltd. will be extinguished.With the transition to the operating holding company structure, the Company also plans to change the Company’s trade name to Citizen Watch Co., Ltd.

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