86
Fashion Jobs
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JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
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Senior HR Operations Executive/ Assistant Manager
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Key Account Manager (Franchise)
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Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
By
Reuters
Published
Jun 15, 2010
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China textile firm to take stake in Japan's Renown

By
Reuters
Published
Jun 15, 2010

TOKYO, May 24 (Reuters) - Japanese apparel maker Renown Inc said on Monday that it would sell a 41 percent stake in itself to Shandong Ruyi for about 4 billion yen ($44.4 million), making the Chinese textile group its largest shareholder.




The deal will give Shandong Ruyi a platform for expanding its presence in Japan while providing Renown, a loss-making collection of clothing brands, with a partner to increase its sales in the fast-growing Chinese market.

Chinese companies have made a series of relatively small acquisitions in Japan in the past few years, a reflection of the growing economic clout of China, which is on a path to overtake Japan as the world's second-largest economy.

Last year China's Suning Appliance Co (002024.SZ) purchased a 27 percent stake in electronics retailer Laox, and earlier this year Chinese car and battery maker BYD Co (1211.HK) bought a factory from Japanese metal die manufacturer Ogihara Corp.

Renown said it would sell shares to Shandong Ruyi at 120 yen each, a 15 percent discount to Friday's close.

Shares of Renown shot up 35.5 percent on Monday after weekend media reports of the deal. (Reporting by Nobuhiro Kubo)

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