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Shareholder of Hong-Kong's I.T moves to privatise retailer

2020-12-07 14:02:00| Daily apparel & textile news and comment - from just-style.com

The majority shareholder of Hong Kong apparel retailer, I.T., has teamed up with a private equity fund to privatise the retailer after it suffered mounting losses due to the Covid-19 pandemic.

Tags: moves retailer shareholder privatise

 

Founding family bids US$930m to privatise Li & Fung

2020-03-20 11:14:00| Daily apparel & textile news and comment - from just-style.com

Global sourcing and logistics giant Li & Fung has received an offer worth US$930.7m to take the company private by a group controlled by the founding Fung family.

Tags: family bids founding fung

 
 

Shoe maker Pou Chen to privatise China retail unit

2018-01-23 15:45:00| Daily apparel & textile news and comment - from just-style.com

Pou Chen Group, the world's largest manufacturer of athletic and casual footwear, is to privatise its sportswear retail subsidiary in China.

Tags: china unit retail maker

 

Plan to privatise US ATC faces strong opposition

2016-01-27 01:00:00| Airport Technology

Two Democrats of Congress and several public advocacy groups have come out opposing a move to 'privatise' the US air traffic control (ATC).

Tags: plan strong faces opposition

 

Canada province moves to privatise liquor stores

2015-11-20 13:46:00| Daily beverage news and comment - from just-drinks.com

Canada has moved a step closer to a privatised drinks retailing industry following Saskatchewan province's plan to privatise 40 of its liquor stores. 

Tags: canada stores province moves

 

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