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MUNICH -Thursday 20 May 2021 [ AETOS Wire ]

Increase in net sales of 47.5% year-over-year to €164.8 million in Q3, FY 2021
Acceleration evident by 66% two-year net sales growth compared to Q3, FY 2019
Continued strong profitability with adjusted EBITDA of €11.1 million compared to €3.1 million in Q3, FY 2020
Full fiscal year 2021 guidance raised to €600 – 605 million net sales translating into 33-35% full fiscal year growth and €55-59 million adjusted EBITDA at a 9.1 to 9.8% margin
(BUSINESS WIRE)-- MYT Netherlands Parent B.V. (NYSE: MYTE) (“Mytheresa” or the “Company”), the parent company of Mytheresa Group GmbH, today announced financial results for its third quarter of FY 2021 ended March 31, 2021. The luxury online fashion business continued to benefit from the shift in consumer shopping behavior towards digital offerings, which shaped the strong results of the third quarter. Even taking into ... Read more »

Views: 9 | Added by: africa-live | Date: 05.20.2021 | Comments (0)

 HANGZHOU, China-Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- It takes decades for trees to grow, yet only minutes for fires to destroy them. Forest fires are the type of natural disaster that strike with sudden destructiveness and are often difficult to control. That’s why working to prevent forest fires and the damage they cause to natural resources — as well as people’s property and sometimes human life — is a priority for Dahua Technology.

Over the years, Dahua Technology has developed and deployed capabilities for comprehensive technical support in forest and grassland fire monitoring as well as early warning, forecasting, rescue and post-disaster assessment with digital intelligence technology. Dahua’s technology fully integrates video perception systems with integrated sky and ground monitoring methods to form a strong "fire net" aimed at prevention and early, decisive intervention when needed.

The ... Read more »

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TOKYO-Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- NTT (TOKYO:9432) announces today plans to donate US$3 million to support the humanitarian tragedy facing the people of India. In addition to this, the NTT companies are contributing support and services for their employees to help cope with this challenging situation.

India has NTT’s largest country employee base outside of Japan, with 30,000 NTT employees, playing a critical role in supporting our clients and our business worldwide. The pandemic’s devastating impact on India and its people deeply saddens all of us.

NTT sincerely hopes that this donation and the other relief support provided by NTT companies will help provide some necessary resources for those suffering from the impact of this virus. Our thoughts and prayers are with our colleagues, clients, their families and all of India’s society.

We are proud of the NTT family of companies for coming together and offeri ... Read more »

Views: 11 | Added by: africa-live | Date: 05.20.2021 | Comments (0)

Tom Albright formally steps down as the cryptocurrency exchange looks towards the next stage of its growth


HAMILTON, Bermuda-Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- The Boards of Directors (the “Boards”) of Bittrex Global GmbH (Vaduz, Liechtenstein) and Bittrex Global (Bermuda) Ltd (Hamilton, Bermuda) have confirmed that Tom Albright is stepping down from his role as CEO of both companies effective today. The Boards are grateful for the contributions Tom has made.

Stephen Stonberg, current CFO and COO of Bittrex Global, has been appointed by the Boards to serve as interim CEO, to oversee management of the Companies.

“Tom has brought key leadership as Bittrex Global has grown to serve the crypto marketplace,” said Bill Shihara, Co-Founder Bittrex, Inc. “Tom has also helped guide the company through a period of significant growth and change within our sector”.

“We are incredibly ple ... Read more »

Views: 11 | Added by: africa-live | Date: 05.20.2021 | Comments (0)

NEW YORK & TEL AVIV, Israel-Wednesday 19 May 2021 [ AETOS Wire ]

 

(BUSINESS WIRE) -- monday.com Ltd. (“monday.com”), a work operating system (Work OS) where organizations of any size can create the tools and processes they need to manage every aspect of their work, announced today it has filed a registration statement on Form F-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. monday.com intends t ... Read more »

Views: 10 | Added by: africa-live | Date: 05.20.2021 | Comments (0)

ELC has closed the previously announced deal to expand its investment in the company behind fast-growing skin care brands The Ordinary and NIOD

NEW YORK -Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- The Estée Lauder Companies Inc. (NYSE: EL) announced today that it has completed the first phase of increasing its ownership in DECIEM Beauty Group Inc. (“DECIEM”), the Canadian-based, vertically integrated, multi-brand company. The Estée Lauder Companies (“ELC”) now owns approximately 76% of DECIEM (up from 29%), and has agreed to purchase the remaining interests after a three-year period at a price that will be determined based on the future performance of DECIEM.

Known as “The Abnormal Beauty Company”, DECIEM is an industry disruptor with a consumer-focused approach. It was founded in 2013 by the late Brandon Truaxe, a visionary who set out to change the beauty industry through authenticity and transparency. He deve ... Read more »

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Collaboration Enables Professional Association Members to Enter Job Market with GIS Skills
REDLANDS, Calif.-Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Esri, the global leader in location intelligence, today announced an agreement with the Chamber of Geophysical Engineers of Turkey (CGET), whereby the chamber's members will be entitled to special discounts on training for Esri's ArcGIS software. Now, all geophysical engineers registered in the organization will be able to take ArcGIS training courses, allowing them to qualify as GIS experts to better fulfill the demands of the growing employment market.

CGET is a nonprofit organization that promotes the expert and ethical practice of geophysics in the exploration and development of natural resources, in characterizing the near surface, and in mitigating earth hazards. Members are involved in groundwater exploration, mineral and petroleum exploration, archaeological research, seismology, and o ... Read more »

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MEXICO CITY-Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA) announces that it has commenced an offer to purchase its outstanding US$750,000,000 principal amount of 4.875% Senior Notes due 2022 (CUSIP/ISIN: 59284BAB4; P57908AD0 / US59284BAB45; USP57908AD01) (the “Securities”) pursuant to an offer (the “Tender Offer”) to purchase for cash any and all of the Securities on the terms and subject to the conditions set forth in the offer to purchase, dated May 17, 2021 (the “Offer to Purchase”) and the related notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Offer Documents”).

The Tender Offer will expire at 5:00 p.m. (New York City time) on May 21, 2021, unless extended (such date and time, as the same may be extended, the “Expiration Date”). Securities v ... Read more »

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Researchers Found That Use of Patient SafetyNet with Masimo SET® Pulse Oximetry and Acoustic Repsiratory Rate (RRa®) Monitoring Reduced Nursing Workload Related to Postoperative Respiratory Assessment by More Than 60%

NEUCHATEL, Switzerland-Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Masimo (NASDAQ: MASI) announced today the findings of a study published in the Journal of PeriAnesthesia Nursing in which Drs. Mashasi Ishikawa and Atsuhiro Sakamoto at Nippon Medical School in Tokyo evaluated the utility and impact of Masimo Patient SafetyNet™ by surveying nurses before and after implementation.1 The researchers found that use of the remote monitoring and clinical notification system decreased the number of physical assessments needed, resulting in a reduction in the nursing workload, and also recommended the use of continuous respiratory rate and oxygen saturation monitoring (which was implemented as part of the system) after general anesthesi ... Read more »

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WILMINGTON, Del.-Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- CSC, the world’s leading provider of business, legal, tax, and digital brand services, has secured a specialised depositary license from the Central Bank of Ireland. On the heels of obtaining CSC’s Irish fund administration license last year, the depositary license further enhances the company’s capabilities in Ireland and advances CSC’s long-term strategy of providing a comprehensive suite of multijurisdictional alternative investment, capital markets, and corporate solutions in key global financial centers.

“We’re delighted to be among the first companies to receive authorization to act as a depositary of assets other than financial instruments in Ireland,” said Paul Whelan, managing director of depositary services for CSC Global Financial Markets in Dublin. “I’d like to thank the Central Bank of Ireland for engaging with us throughout the p ... Read more »

Views: 15 | Added by: africanewsline | Date: 05.20.2021 | Comments (0)

SAN FRANCISCO-Wednesday 19 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Andersen Global adds legal capabilities in Liechtenstein and Switzerland through a Collaboration Agreement with NSF, strengthening the organization’s platform as it continues its expansion in the region.

With offices in Vaduz and Zurich, NSF operates with five Partners and 40 professionals, serving individuals and international corporations. The full-service location in Liechtenstein provides a range of services in legal, trust and asset management with capabilities in banking and capital markets, tax, corporate, M&A, arbitration and dispute resolution, contracts, and administrative and constitutional law. Additionally, the office in Switzerland operates as an independent Swiss law firm and offers services in various areas of business law, such as criminal tax law, corporate/M&A, succession planning, inheritance law, litigation, restructuring, debt enforcement and insolvency, employmen ... Read more »

Views: 10 | Added by: africa-live | Date: 05.20.2021 | Comments (0)