375
Fashion Jobs
SHISEIDO
FP&A Manager (Korean Only)
Permanent · SEOUL
AESOP
Aesop Hanam Starfield - Retail Consultant
Permanent · HANAM-SI
ADIDAS
Senior Specialist, Buying & Trading, E-Commerce
Permanent · SEOUL
ADIDAS
Manager, Personalization & Apps, E-Commerce
Permanent · SEOUL
ADIDAS
Senior Manager, Legal Counsel, Legal
Permanent · SEOUL
HENKEL
Finance Business Controller For Shiseido Professional Brand
Permanent ·
L'OREAL GROUP
[l'Oreal Korea] Kiehl's - CRM & Trade Mkt sr. Specialist~Manager
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] (jr.) Claim Substantiation Specialist - Corporate Regulatory Affairs
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] (sr.) Product Manager - Kerastase Marketing Team, Ppd
Permanent · SEOUL
UNDER ARMOUR
Associate, HR Administration
Permanent · SEOUL
ARKET
Visual Merchandising Manager
Permanent · BUSAN
PUIG
Marketing Manager
Permanent · SEOUL
JAEGER
[Jaeger Lecoultre] Marketing & Communication Director
Permanent · SEOUL
ESTÉE LAUDER COMPANIES
Corporate Account Executive For Travel Retail Korea, Estee Lauder Companies
Permanent ·
ESTÉE LAUDER - BRAND
Assistant Education Manager, Estee Lauder
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] Luxe Div. - Lancome E-Commerce Specialist
Permanent · SEOUL
COS
Instore Visual Merchandiser Manager_seoul/Gyeonggi
Permanent · SEOUL METROPOLITAN AREA
AESOP
Shinsegae Gwangju - Retail Consultant
Permanent · GWANGJU
COACH
Manager, Ecommerce
Permanent · SEOUL
ADIDAS
Manager, Business Planning & Analysis, Wholesales
Permanent · SEOUL
HENKEL
Adhesive Key Account Manager For Sports And Fashion Market
Permanent · BUSAN
HENKEL
Consumer Brands General Manager Assistant
Permanent ·
By
Reuters
Published
Mar 27, 2018
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China's Fosun posts fastest profit growth in four years

By
Reuters
Published
Mar 27, 2018

Acquisitive Chinese conglomerate and Lanvin owner Fosun International’s full-year profit jumped 28.2 percent to a record high, it said on Tuesday, marking its fastest growth in four years.


Lanvin - Fall-Winter2018 - Womenswear - Paris - © PixelFormula



Fosun, which recently confirmed it will take a majority stake in Wolford, achieved net profit of 13.16 billion yuan ($2.1 billion) last year, up from 10.27 billion yuan in 2016, it said in a filing to the Hong Kong stock exchange.

The group appears to have backing from officials in Beijing, having continued a buying spree even as authorities tightened the screws on deals abroad by other high-profile Chinese companies.

“In 2017, the group saw stronger growth from core operations and achieved successes in several turnaround companies,” Fosun said in the filing.

That helped it to its biggest annual net profit rise since 2013, according to company data on the Thomson Reuters Eikon platform.

The company added that divestments included the disposal of Ironshore to Liberty Mutual Group for $2.94 billion. The bottom line was also helped by 10 initial public offerings (IPOs) Fosun took part in on global exchanges, it said.

Fosun has previously brushed off the impact of a crackdown on overseas dealmaking and said it welcomed Beijing’s guidelines on offshore investment.

The Hong Kong-listed company recently snapped up two European fashion labels and took control of a Brazilian broker in deals worth a combined $245 million.

Fosun is the latest Chinese company to expand into fashion labels at a time when consumers in China — the world’s second-biggest economy — are driving a global revival in luxury goods spending.

The results announcement came after the Hong Kong market closed.

Shares of Fosun were up 3.5 percent ahead of the results announcement, outperforming a 0.8 percent rise for the benchmark Hang Seng Index.

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