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BAROQUE JAPAN LIMITED ( (JP:3548) ) just unveiled an update.
Baroque Japan Limited has announced the transfer of shares of its subsidiaries, BAROQUE CHINA LIMITED and BAROQUE CHINA APPARELS LIMITED, to ABLE CONCORD LIMITED, a company owned by Belle International Holdings Limited. This strategic move is aimed at addressing challenges in the Chinese market due to economic slowdown and stagnant consumption, allowing for better utilization of management resources and a turnaround in the company’s China business.
More about BAROQUE JAPAN LIMITED
Baroque Japan Limited operates in the fashion industry, focusing on women’s apparel. The company is engaged in retail and wholesale operations, particularly in the Chinese market, through its subsidiaries and affiliates.
YTD Price Performance: -8.95%
Average Trading Volume: 132,576
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen24.89B
For detailed information about 3548 stock, go to TipRanks’ Stock Analysis page.