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  • September 16, 2014
  • Last updated: 1:52pm
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  1. YGM in talks to take over British label Aquascutum

    Posted May 04th 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com YGM Trading's desire to tighten its grip on Aquascutum, a 160-year-old trench-coat brand that once dressed Winston Churchill and the Queen Mother, ... body and is double-breasted but without fur. YGM shares rose 40 HK cents, or 1.94 per cent, to close at HK$21 yesterday. $111.3m The net profit, in HK dollars, of YGM Trading in the six months ...

  2. YGM earnings increase 17.5pc

    Posted Jul 24th 2006, 12:00am by Enoch Yiu

    ... Enoch Yiu Apparel manufacturer and retailer YGM Trading said net profit for the year ended March rose 17.5 per cent to $161.91 million. Turnover rose 7.72 per cent to $1.03 billion. YGM's share of profit of jointly controlled entities rose 43.35 per cent to $161.91 million. Diluted earnings per share were $1.04, up from 88 cents last year. YGM declared a dividend of 32 ...

  3. Garment firm buys out British brand

    Posted May 21st 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com Garment maker YGM Trading is confident it can recapture the glory days of the 161-year-old British fashion label Aquascutum, which once dressed English royalty and won the Queen's Award for Exports four times. 'Now the entire business is under our ownership, which removes the uncertainty over the fate of the brand in Europe,' YGM ...

  4. Aquascutum with Chinese characteristics

    Posted Oct 31st 2011, 12:00am

    ... deep-pocketed consumers on the mainland. YGM Trading, which owns the 160-year-old brand in most of Asia, including Hong Kong and the mainland, rejuvenated the label's image and modified its design ... on the mainland, he said. YGM Trading, which is part of the garment manufacturer and retailer YGM Group, founded in 1949, is among tens of thousands of exporters in the Pearl River Delta pushed by a state ...

  5. Business Digest

    Posted May 11th 2012, 12:00am

    ... YGM buys struggling Aquascutum for HK$188m YGM Trading will buy out British trenchcoat maker Aquascutum for?15 million (HK$188 million). The century-old brand, which dressed Winston Churchill and Queen Elizabeth, last month shut its Northamptonshire factory and laid off more than 100 staff. YGM shares resume trading today. Charlotte So Galaxy more than triples profit in first ...

  6. Hang Ten soars on HK$2.65b buyout bid

    Posted Dec 21st 2011, 12:00am

    ... Trading and Dennis Hung Ging-kong and his family, will sell a combined 69.9 per cent stake to Li & Fung. The deal will result in a HK$340 million one-off gain to YGM. YGM shares yesterday rose ... of trading firm Li & Fung. The stock jumped 95 HK cents, or 55.88 per cent, to HK$2.65 yesterday, edging closer to the cash offer of HK$2.70 per share. The offer values Hang Ten's more than ...

  7. Results diary

    Posted Jul 21st 2006, 12:00am by Staff Reporter

    ... Matsunichi Communication Holdings, New Island Printing Holdings, Quam, Same Time Holdings, Samson Paper Holdings, Styland Holdings, Uni-Bio Science Group, Yangtzekiang Garment, YGM Trading July 24 ...

  8. News - China - Shanghai

    Head of Shanghai's free-trade zone, Dai Haibo, to step down amid graft probe

    Posted Sep 15th 2014, 05:44am by Staff Reporters

    ... Staff Reporters Loss of experienced technocrat Dai Haibo would be another blow for struggling Shanghai project Head of free-trade zone to step down amid graft probe The de facto head of Shanghai's free-trade zone is expected to step down, five separate sources have said, likely striking another blow to the already struggling economic project ahead of its first anniversary. Dai ...

  9. News - Asia - DIPLOMACY

    Xi Jinping heads to Sri Lanka seeking to boost trade and maritime ties

    Posted Sep 16th 2014, 10:01am

    ... Basil Rajapakse said ahead of the visit his country’s close ties with China should not be a cause for concern. “We are looking for trade, investment and tourism,” Rajapakse said. “India is also ... of the world’s busiest international shipping lanes. But it faces competition from Japan, which relies on the same maritime trade routes and is eager to increase its influence in the region. Xi’s visit ...

  10. Business - Economy - TYPHOON

    Typhoon Kalmaegi prevents morning trading on HK stock exchange

    Posted Sep 16th 2014, 09:58am by Benjamin Robertson

    ... Benjamin Robertson benjamin.robertson@scmp.com Morning trading on the Hong Kong stock exchange was cancelled on Tuesday as 63 kilometre per hour winds from Typhoon Kalmaegi buffeted the city, delaying flights and forcing commuters to stay at home. The city raised the No. 8 storm signal on Monday night, and will consider lowering it between 10am and noon on Tuesday ...




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