Money20/20 is where the industry’s smartest visionaries and innovators come together to connect and build the future of money.…
Samsung and LG report better-than-expected financial results in Q2
Korea’s two IT giants Samsung Electronics and LG Electronics could fare better than expected in the second quarter as demand for their appliances and smart gadgets in the Korean and other advanc…
Nike reports fiscal 2020 fourth quarter results
NIKE, Inc. reported financial results for its fiscal 2020 fourth quarter and full year ended 31st May, 2020.…
Victoria’s Secret to close flagship store in Causeway Bay, Hong Kong
Victoria’s Secret has closed its flagship store in Causeway Bay, Hong Kong, adding its name to the list of brands fleeing the district due to the recent coronavirus pandemic and last year’s social unr…
Evergreen expects a rebound in the third quarter
Evergreen Marine Corp said it expects a rebound in its cargo volume in the third quarter after facing up to 20 percent plunge in the first half of the year due to the COVID-19 pandemic.…
GNC files for bankruptcy
GNC Holdings, Inc. announced that the company has reached an agreement to pursue a dual-path process through Chapter 11 of the U.S. Bankruptcy Code.…
Tse Sui Luen announces its 2019/20 financial results
The group’s turnover for the year was approximately US$375.96 million, representing a decrease of 28.3% from US$524.48 million for the year ended 31st March 2019.…
Sa Sa announces financial results
Sa Sa International Holdings Limited announced its final results for the year ended 31st March 2020.…
Brooks Brothers considers bankruptcy
Brooks Brothers is talking to banks about raising financing for a potential bankruptcy that could come as soon as July, as the coronavirus pandemic squeezes the sales of the two-century-old retailer, …
Inditex to reduce its footprint and focus on digital
The owner of Zara Inditex announced that the year-on-year contraction in sales was limited to a 44% decline to US$3.7bn during the first quarter of 2020.…