Global Brands Group Holding Ltd (0787.HK)
0.19HKD
2 Dec 2020
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HK$0.19
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723,530
HK$0.71
HK$0.16
Latest Key Developments (Source: Significant Developments)
Global Brands Group Posts HY Net Loss Attributable $122 Million
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
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
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
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