DUBAI (Bloomberg) — Shares in Emaar Properties PJSC climbed for a second day on the Dubai-based developer’s plans to sell at least 15 percent of its mall unit in September and distribute 5.3 billion dirhams ($1.44 billion) of the proceeds as a dividend.
Shares advanced as much as 5.4 percent to 11.75 dirhams, the highest since February 2008, bringing the two-day gain to 15 percent.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)