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Authentic Brands Group has announced Shanghai Hui Zhong as its primary operational partner for the Nautica and Spyder brands in mainland China, Hong Kong, and Macau. The new appointment aims to bolster the brands’ growth trajectory in these regions.…
New Zealand-based dairy cooperative, Fonterra, is exuding optimism about its future performance amid global uncertainties. The company’s third quarter results showed a promising $1.5 billion in operating profits, marking an impressive year-on-year increase of…
In the third quarter of this year, Swedish fashion conglomerate H&M reported an operating profit increase of 40% to US$523 million, with its operating margin escalating from 5.9% to 8.6%. Key Factors driving the Increase The company attributed the favorable…
The local authorities of Ho Chi Minh City recently suspended an English language center, Than Dong 8 branch, which was found to be operating without the necessary licenses. This action was taken after the center, situated in Go Vap District, was subjected to…
FamilyMart Japan says almost half of its franchisees want to drop its signature 24-hour trading hours. The firm conducted a recent survey among its around 14,000 franchises in Japan, of which 48.3 percent said they want to operate shorter hours, citing the…
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