Samsung to sell 4 affiliates to Hanwha
Samsung
Seoul - Yonhap
South Korea's top conglomerate, Samsung Group, plans to sell four of its affiliates, including chemical and defense units, to Hanwha Group, industry sources said Wednesday, a move they saw as another corporate reorganization effort after the hospitalization of de facto head Lee Kun-hee in May.
According to the sources, Samsung will offload its defense affiliate Samsung Techwin Co. and Samsung Thales Co., as well as two chemical units, Samsung General Chemicals Co. and Samsung Total Petrochemicals Co., to Hanwha, another South Korean conglomerate whose main businesses include defense and solar power.
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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