Costs related to the closure of retail stores were among the factors contributing to reduced second-quarter earnings for Singapore’s Wing Tai Holdings. Store closures caused a 12 per cent rise to S$23.8 million in administrative and other expenses…
Wing Tai, the corporate retailer which partners with Uniqlo and a raft of other brands, including the Arcadia Malaysia stores, says it is streamlining its retail business. The listed company has 85 retail stores in Malaysia’s major cities under 12…
Children’s clothing retailer Pumpkin Patch, whose shares have lost two-thirds of their value the past year, is seeking formal proposals after receiving approaches to buy or refinance the company. The Auckland-based retailer, which on Friday posted an…