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Gap remains confident on Old Navy spin-off

2019-11-22 14:49:00| Daily apparel & textile news and comment - from just-style.com

US specialty apparel retailer Gap Inc is to proceed with the process of spinning off Old Navy as a standalone company, despite recent industry speculation the move could be abandoned following the departure of long-standing CEO Art Peck.

Tags: remains gap navy confident

 

Alticast to spin-off media business into new company

2019-10-31 13:00:14| Digital TV News

Alticast plans to establish a new company (tentatively, 'Altimedia Corporation') by spinning-off its media business targeting Korean cable and EMEA/Asia broadcasting companies, excluding media business targeting KT/Skylife and North American broadcasting.

Tags: business company media business media

 
 

Telecom Italia considering spin-off and IPO of data centres - report

2019-10-09 08:58:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) is mulling a possible spin-off and listing of its data centre business, according to an unnamed source cited by Reuters that confirmed an earlier report from Bloomberg. The intention is to put the business into a separate unit before launching an initial public offering at some point next year, said the report, adding that the move could value the business around EUR 1 billion.

Tags: data report italia telecom

 

Gap & Old Navy outline strategies ahead of spin-off

2019-09-13 12:45:00| Daily apparel & textile news and comment - from just-style.com

Old Navy will almost double its store count across North America as part of plans to reach US$10bn in annual sales following its split from Gap Inc next year - with its supply chain key to driving margin expansion and more frequent purchases.

Tags: ahead strategies gap outline

 

Continental considering spin-off of Powertrain Division in addition to possible partial IPO

2019-09-03 09:55:58| Green Car Congress

Tags: possible addition division partial

 

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