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| Esprit warns on second half profit and will close stores |
| The Europe-focused clothing and accessories retailer said it would record a goodwill impairment of between HK$1.8 billion to HK$2 billion related to the acquisition of the remaining interests of associated companies in China. ... |
| Fri, 17 May 2013 |
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| Punk gets pretty in Met museum exhibit |
| The exhibit, which opened to a crowded preview Monday, traces the unlikely merger of a movement known for primal music, drug-abuse and anti-establishment yells, with the glittering world of high fashion. ... |
| Fri, 17 May 2013 |
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| Private equity firms eye Neiman Marcus |
| The private equity firms, which bought the Dallas-based retailer in 2005 for $5.1 billion, have interviewed banks and are about to hire Credit Suisse Group AG to run the dual track process, according to the report, which cited two people familiar with the situation. ... |
| Fri, 17 May 2013 |
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| How textile kings weave a hold on Bangladesh |
| Azim, who is also a member of parliament, has benefited from government policies to grow the industry into a global powerhouse. His elegant home here in Dhaka is a haven of luxury with an outdoor swimming pool, walled off from the chaos of the capital's streets. ... |
| Fri, 17 May 2013 |
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| Permira sells further 10 percent stake in Hugo Boss |
| Private equity firm Permira is selling a further 10 percent stake in German fashion house Hugo Boss, cashing in on an investment whose share price has doubled since it first invested in 2007. ... |
| Thu, 16 May 2013 |
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| Adidas sales drop on Reebok and lack of sporting events |
| Germany's Adidas posted its highest-ever gross profit margin as the sale of higher-priced products through its own stores helped offset weak consumer spending in Europe and ongoing problems at Reebok. ... |
| Thu, 16 May 2013 |
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