Prada Posts 1.3% Decline in Sales

HONG KONG (Yosefardi) – Prada’s Asia Pacific market recorded net sales of Euro 619.2 million in the first half ended July 31, 2014 , down by 1.3% compared to Euro 627.6 million of the six months ended July 31, 2013. At constant exchange rates, there was an increase of...
Alfamart Cancels Expansion to Vietnam

Alfamart Cancels Expansion to Vietnam

JAKARTA (Yosefardi) – Retailer PT Sumber Alfaria Trijaya Tbk (AMRT) decided to cancel its plan to expand into Vietnam due to red tape constraint. Vietnam government does not allow a foreign retailer to have majority ownership in the joint venture. A foreign...