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Folli Follie’s Asia sales rise despite China decline

Bloomberg Folli Follie’s network of stores in its key Chinese market shrank by more than half last year even as its sales in Asia increased, according to the latest figures published by its parent company FF Group this week. The main brand of the Greek retailer reported 113 points of sale in mainland China in a document published and reviewed ...

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Neighbour to the Queen no more, Rolls-Royce seeks cheaper HQ

Bloomberg Rolls-Royce Holdings Plc plans to quit its headquarters in one of London’s swankiest districts for cheaper offices as the company seeks to bring down long-term expenses and cover the more immediate costs of fixing a faulty jet-engine model. Rolls-Royce needs a “smaller, more cost-effective London head-office location” than the current premises midway between the Houses of Parliament and Buckingham ...

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Jafza petchem firms’ trade hits AED16bn

DUBAI / WAM Petrochemical companies operating in Jebel Ali Free Zone (Jafza), the region’s premier business and logistics hub, generated trade worth AED16 billion in 2017. Jafza is home to 526 companies in the sector from 67 countries and will be exhibiting its services in the petrochemical sector at the 10th GPCA Supply Chain Conference in Dubai. Sultan Ahmed bin ...

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