UN estimates the amount of debris in the Gaza Strip at 37 million tonnes in mid-April, or 300 kilogrammes per square metre
mena3 hours ago
“Although the market environment in China has deteriorated somewhat due to the more cautious consumer sentiment recently, we are nonetheless confident that we will be able to hold our own in the tough competition,” Chief Executive Claus-Dietrich Lahrs said as the group reported a 10 percent rise in first-quarter sales.
It said it planned to open 50 of its own stores this year, with the focus on China, but added it would also look at expanding its presence in Europe.
Sales at luxury companies from LVMH to Richemont and Burberry soared last year, as Chinese demand for high-end European brands surged.
Even though growth in Asia is expected to slow this year, many companies, like LVMH, have said Europe remains more of a worry.
Hugo Boss, known for its sharp suits, said the Europe market had been mixed in the first quarter, with sales growing in Germany, the UK and Benelux countries, while France remained steady.
It maintained its forecast for currency-adjusted sales to rise by up to 10 percent in 2012, while core profit should rise at a faster rate.
The group reported first quarter sales of 607 million euros ($800 million) with operating profit before special items up 13 percent at 148 million euros.
Analysts had been expecting the group to report first-quarter sales of 592 million euros, according to a Reuters poll.
UN estimates the amount of debris in the Gaza Strip at 37 million tonnes in mid-April, or 300 kilogrammes per square metre
mena3 hours ago
Ports, Customs, and Free Zone Corporation also advised to refrain from sailing unless absolutely necessary
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Seven days of mourning have been declared with flags flown at half-mast
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While the number of internal migrants in India has not been updated for more than 10 years, experts say they could make up as much as 40% of the electorate
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Regeneration programmes can preserve the old while fostering economic prosperity through the balanced and deft encouragement of retail
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Earlier, UAE had announced distance learning for all government schools
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Educators advised students to take ownership of their learning journey and be punctual
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Previously, these services required four steps, but now they have been streamlined making the process more efficient and convenient for customers
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