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Global Brands Group Holding Ltd (0787.HK)

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Latest Key Developments (Source: Significant Developments)

Global Brands Group says ‍HY net profit attributable $26 mln
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Global Brands Group Holding Ltd <0787.HK>:‍HY revenue $1.79 billion versus $1.84 billion.‍HY net profit attributable to shareholders $26 million versus $1 million ​.‍Co expects to see stronger sales in second half of year​.  Full Article

Global Brands says net profit attributable $17 mln for 15 months ending 31 March<0787.HK>
Wednesday, 15 Jun 2016 

Global Brands Group Holding Ltd <0787.HK>: For 15 months ending 31 March 2016 revenue $4.12 billion; For 15 months ending 31 March 2016 net profit attributable $17 million .No final dividend to the shareholders has been declared by the company for the 15 months ended 31 March 2016.  Full Article

Global Brands announces formation of JV for disposal of interest in GBG brand management business<0787.HK>
Wednesday, 15 Jun 2016 

Global Brands Group Holding Ltd <0787.HK>: Discloseable transaction formation of joint venture involving deemed disposal of interest in the GBG brand management business and acquisition of the CAA licensing business . On June 14, GBG UK entered into the partnership agreement with, among others, CAA, to establish CAA-GBG . Partnership agreement constitutes a deemed disposal of a 27.3% interest by the company in GBG brand management business .GBG UK agreed to inject GBG brand management business into CAA-GBG, in exchange for a 72.7% membership interest in CAA-GBG.  Full Article

BRIEF-Global Brands Group says unit to sell 49 pct stake in Abg-Frye Llc to ABG

* Says unit Jimlar Corp to sell 49% stake in Abg-Frye Llc to ABG for us$73 million (about hk$569 million)