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Global Brands Group Holding Ltd (0787.HK)

0787.HK on Hong Kong Stock

0.19HKD
2 Dec 2020
Change (% chg)

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Prev Close
HK$0.19
Open
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Day's High
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Volume
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Avg. Vol
723,530
52-wk High
HK$0.71
52-wk Low
HK$0.16

Latest Key Developments (Source: Significant Developments)

Global Brands Group Posts HY Net Loss Attributable $122 Million
Thursday, 26 Nov 2020 

Nov 26 (Reuters) - Global Brands Group Holding Ltd <0787.HK>::HY NET LOSS ATTRIBUTABLE $122 MILLION VERSUS LOSS OF $90 MILLION.HY REVENUE $290 MILLION VERSUS $537 MILLION.TO TERMINATE SIGNIFICANT PORTION OF LEASE IN EMPIRE STATE BUILDING IN NEW YORK; TO SAVE OVER $100 MILLION IN LEASE OBLIGATIONS.AT SEPT 30, CO FAILED TO COMPLY WITH 2 FINANCIAL COVENANTS ON A SYNDICATED LOAN OF $174.1 MILLION.FINANCIAL COVENANTS BREACH SHOWS UNCERTAINTIES, CASTING "SIGNIFICANT" DOUBT ABOUT CO'S ABILITY TO CONTINUE AS GOING CONCERN.  Full Article

Global Brands Group Says Bruce Philip Rockowitz Retired As Vice Chairman
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - Global Brands Group Holding Ltd <0787.HK>::BRUCE PHILIP ROCKOWITZ RETIRED AS VICE CHAIRMAN.  Full Article

Global Brands Group Holding Posts FY Net Loss Attributable From Cont Ops $261 Mln
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Global Brands Group Holding Ltd <0787.HK>::FY REVENUE $1,513 MILLION VERSUS $1,585 MILLION.FY NET LOSS ATTRIBUTABLE FROM CONTINUING OPERATIONS $261 MILLION VERSUS LOSS OF $169 MILLION.  Full Article