Repurchased shares
On January 23rd, Li Ning announced on the Hong Kong Stock Exchange that on January 23rd, 2024, the company cancelled 40,937,500 repurchased shares.
Invest hundreds of millions.
Two shoe factories opened!
Recently, the People's Committee of Viet Nam's Qinghua Province approved the investment project of Linh Chi Construction Investment Co., Ltd., located in Changshi District of Qinghua, to build an export leather shoes factory.
The investment of this project is about 97 billion Vietnamese dong. The land area of this project is about 37,000 square meters.
At the same time, the People's Committee of Qinghua Province approved another plan to build a factory: the investment policy adjustment of Shangchun Shoes Factory Project of Shangchun Shoes Co., Ltd.
The adjusted land area of the project is about 50,000 square meters.
The total investment of the project has also been adjusted from 80 billion VND to more than 533 billion VND to increase production capacity. Among them, 100% are investors' own funds. The factory is expected to employ about 2,000 workers.
Source: many media
Photo: Vietnam Media
Zhou Chengjian has become again.
President of Smith Barney
Smith Barney announced on Monday that the company held the ninth meeting of the sixth board of directors on January 22, 2024, reviewed and approved the Proposal on Appointing Mr. Zhou Chengjian as the President of the company, and agreed to appoint Zhou Chengjian as the president of the company, with the term of office from the date of review and approval by the board of directors to the expiration of the term of the sixth board of directors of the company.
Michael Korsstaff
Ask for a raise of 14%
According to foreign media, Michael Kors' employees in the distribution center in Wenluo, the Netherlands, are joining hands with FNV to ask the brand for a 14% salary increase and more requirements to fight for their own interests.
The distribution center was put into use in 2016 and has about 300 employees. It is mainly responsible for selling Michael Kors' clothing, shoes and jewelry to the whole of Europe and the Middle East.
Analysis says Levi's needs
Continue to cut prices to win back consumers.
In the latest report, Citigroup analysts predict that Levi's direct retail business will be relatively strong in the fourth quarter, and the wholesale business will continue to be weak. It is noteworthy that Levi's specially lowered the price of wholesale channels at the beginning of last year because the price increase in the previous two years was too high.
The analyst believes that Levi's needs further price reduction in the next few quarters to stimulate sales growth.
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