HONG KONG — Trading in shares of Joyce Boutique Holdings Ltd. was suspended Thursday pending announcement of a proposed privatization plan, according to documents filed with the Hong Kong Stock Exchange.
The move came one day after the Ma family revealed their resignations from the company, effective Monday. The action, by Wheelock & Co. chairman Peter Woo, who controls 52 percent of the company (compared with the Ma family's holding of 23 percent), has been directly linked to lackluster sales at the luxury retailer.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)