BRIEF-Aditya Birla Fashion & Retail, Madura Garments Lifestyle Retail allots 346,552 to non-resident members

Co, Madura Garments Lifestyle Retail and their respective shareholders and creditors, allotted 346,552 equity shares of 10 rupees each, to non-resident shareholders of ABNL on non – repatriable basis Source text: bit.ly/2iIGj0y Further company coverage: [Source:-Reuters]

Sogo operator Lifestyle International reports 49.9 per cent profit decline amid sluggish retail market

Sogo department store operator Lifestyle International has seen Hong Kong’s retail sector hit rock bottom over the past several months but doesn’t believe a substantial rebound is around the corner, said its chief executive Thomas Lau Luen-hung. “For the coming [Read More…]