Department Stores

Daiwa expects extraordinary profit for Q3 of FY 2016; raises consolidated full-year net profit outlook for FY 2016

Daiwa Co Ltd:Says it expects an extraordinary profit of 917 mln yen recorded as gain on sale of securities for Q3 of fiscal year ending March 2016.Says the company reaffirmed the consolidated full-year outlook for revenue at 49,500 mln yen for the fiscal year ending March 2016.Confirms the operating...

6:30am GMT

Stockmann Oyj Abp to sell department store business in Russia

Stockmann Oyj Abp:Signed an agreement to sell Russian department store business to Reviva Holdings Limited.Reviva will buy 100 pct of AO Stockmann, a Russian subsidiary of Stockmann Plc, for a purchase price of 5 million euros.Reviva will assume operations of all current department stores in seven...

6:00am GMT

Metro Holdings Ltd to sell 99.99 percent of Sampi Gida for 46.9 mln lira

Metro Holdings Ltd:To sell 99.99 percent of Sampi Gida for 46.9 million lira to Avrasya Terminal Isletmeleri.

Tuesday, 24 Nov 2015

R&I affirms Isetan Mitsukoshi Holdings 's rating at "A-" and announces stable outlook

Isetan Mitsukoshi Holdings Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-".Rating outlook stable.

Tuesday, 24 Nov 2015


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