The Gioi Di Dong (Mobile World) Joint Stock Company, Vietnam’s largest mobile phone retail chain, has reached a post-tax profit of VND609 billion (USD29 million) after 11 months, 140 percent of the annual target, the company has announced.
The revenue during this period was more than VND14 trillion (USD666 million), as much as 108 percent of the annual target.
The company also announced that it will reach the target to open 350 outlets nationwide by the end of the month.
The Emporium shopping complex in Bangkok will fully open in March after a major renovation.
Voralak Tulaphorn, senior vice-president for merchandising of The Mall Group, operator of the upscale shopping venue, said 95 percent of total space at the shopping centre had been reopened to customers since last Monday. Only the cinema zone remains closed.
The company spent THB3 billion (USD91.3 million) to make over The Emporium over the past seven to eight months in anticipation of fiercer retail competition in the Pathumwan, Ratchaprasong and Sukhumvit areas next year.
The 21st HKTDC Hong Kong Fashion Week for Spring/Summer will feature more than 40 events, including fashion parades, seminars and forums and demo sessions that highlight new fashion talents and trends.
The fashion parades will showcase established designers and brands, as well as new design talents and creative student works, while seminars and presentations are hosted by international trend forecasting agencies and local industry bodies.
Ten house shows will be staged at the fair, and young designers are ready to show their creativity to international buyers.
Fashionally Collection #3, will showcase 11 past winners and finalists of the Hong Kong Young Fashion Designers Contest, such as designs from Nelson Leung, the Overall Winner and Contemporary Day-Wear Group Winner this year.
Four shows from the Chinese University of Hong Kong, Hong Kong Polytechnic University, Hong Kong Design Institute and Hong Kong Raffles School of Continuing Education will be staged to highlight collections of student designers.
Moreover, international beauty brand NARS Cosmetics will unveil its nail collaboration with famed fashion designer Philip Lim – the 3.1 Philip Lim for NARS Nail Collection includes nine limited edition nail shades inspired by the “colours that exist in the shadows”.
NARS will also collaborate with three local young designers – namely Elizabeth Lin, Mim Mak and Mountain Yam and launch its new Dual-Intensity Eye Shadow at Hong Kong Fashion Week.
Buyers interested to learn more on technology advancement in the apparel industry should not miss the introduction of RFID solutions for production efficiency and energy-saving and the seminar on making use of accredited testing to tap into the global market.
Always evolving, Hong Kong Fashion Week for Spring/Summer adds Activewear & Sportswear and Cashmere & Wool to its zones lineup. As its name implies, the former offers functional apparel to cater for dynamic market demand; while the latter gathers exhibitors with a wide range of cashmere and wool made outfits.
Meanwhile, the small-order zone expects to feature 150 garment racks and showcases for buyers who require low volume supplies.
The Hong Kong Fashion Week for Spring/Summer is expected to attract around 1,200 exhibitors from 18 countries and regions, with first time exhibitors from Madagascar, Morocco and Thailand.