Versace Goes Vroom: Firm’s Net Leaps, Possible IPO in the Cards
Gianni Versace SpA is back in the black and on track for a potential initial public offering. Versace said Thursday it posted net profits of 19.1 million euros, or $24.1 million, last year.
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The Jordanian government, with some international help, plans to expand on its efforts to curb labor abuses at apparel factories in the country, according to Jordan’s U.S. ambassador, Prince Zeid Ra’ad, and a joint Jordanian-U.S. report is set to be…