Latest news with #475
Hype Malaysia
13-05-2025
- Entertainment
- Hype Malaysia
2 New Drops From AURALEE x New Balance & NN.07 x Sebago Are The Collabs We Didn't Know We Needed
Wherever you look, there are footwear collabs galore! And we aren't complaining one bit! From a fashionable merger of East and West, to the long-awaited reunion of land and sea – these are the killer kicks that will be landing in stores this week! AURALEE x New Balance 475 During Paris Fashion Week's Spring/Summer 2025 show, Japanese designer Ryota Iwai and his brand AURALEE unveiled yet another New Balance partnership. AURALEE is releasing a new collaboration with the 475 silhouette, which will come in two colours, following the WRPD Runner and new 990v4 colourways. One of the most classic training shoes of the last few decades, New Balance's 475 was first created in the middle of the 1980s. In addition to being made of nylon for breathability and a suede upper for a luxurious touch, the shoe has a dual-density, compression-moulded EVA for extra cushioning. The new 475 has more support and grip thanks to its tougher outsole and slightly higher-profile midsole. One of the colourways adopts a light green colour blocking, while the other adopts an earthy colour scheme with brown and grey tones. Iwai-san, the designer, discusses how the partnership complements the new collection in a quote. 'For much of the collection we took a more direct vintage and almost preppy inspiration and likewise took a similar approach to the shoes. 'We wanted to accent the already vintage-inspired notes of the model, with a well-worn, aged, sun-tinged-like feel for the materials and also incorporate and modernise it with our signature colouring to create something with one foot in the past and one in the present. Something like a discovered deadstock shoe today or one discovered years into the future.' The AURALEE x New Balance 475 collaboration will be available for purchase on 16th May via their respective websites. Each pair is available for JP¥26,400 (~RM772). NN.07 x Sebago Docksides Portland Reuniting with heritage footwear manufacturer Sebago for their second collaboration, NN.07 is bringing a sophisticated update to their iconic Docksides Portland boat shoe. The vintage boat shoe is infused with NN.07's Scandinavian elegance, drawing inspiration from Portland, Maine's coastal style and boating heritage. The updated model retains the practical design elements for which Sebago is renowned while sporting crisp white leather uppers that are subtly textured like a crocodile. The uppers, which are made of high-quality cow leather, have a water-resistant finish to protect against moisture, and the rubber soles provide a firm grip on slick surfaces. The rubber soles are embossed with a Docksides callout and cast in the same soft cream colour as the body for a primarily monochromatic aesthetic. Additionally, the hand-sewn shoes have a classic rawhide lacing system, and the woven wordmark labels on the lateral panel add a subtle pop of bright blue. The most recent partnership between NN.07 and Sebago comes after the brand's 2024 Scandinavian leather version of the Sebago Dan Loafer. The hand-sewn shoes were made using high-quality materials and a water-repellent finish, just like the Docksides. The NN.07 x Sebago Docksides Portland will hit the shelves on 15th May, and can be purchased at NN.07 flagship stores as well as its online store.
Malay Mail
30-04-2025
- Politics
- Malay Mail
Yonhap: S. Korea prosecutors raid ex-president's house over shaman probe
SEOUL, April 30 — South Korean prosecutors today raided the home of the country's ex-president, Yonhap reported, as part of a probe into a shaman accused of receiving lavish gifts for the former first lady. Former president Yoon Suk Yeol was stripped of all power and privileges earlier this month by the Constitutional Court over his disastrous December 3 martial law declaration. He was forced to move out of the presidential residence and into his long-time previous home in Seoul's Seocho district. South Korea's Yonhap news agency said the prosecution raided Yoon's house 'as part of its investigation into various suspicions over relations between his family and a controversial shaman'. The shaman, Jeon Seong-bae, is accused of receiving a diamond necklace, a luxury bag and ginseng—a popular health tonic that can cost thousands—from a high-ranking official from the Unification Church and handing them to Yoon's wife, Kim Keon Hee. Jeon claimed he lost the intended gifts and never delivered them to Kim, but local media reported that prosecutors had obtained a text message from the official from the church group also known as the Moonies demanding he 'give the necklace back'. Prosecution are also trying to 'verify the authenticity of the alleged delivery of gifts', and find out whether the then-first lady ever received them, Yonhap added. Both Yoon and Kim have also faced criticism over alleged ties to another shaman, with critics claiming Yoon moved the presidential office at the start of his term in 2022 based on shamanistic beliefs. Kim was also questioned last year over allegations of stock manipulation and graft, after hidden camera footage surfaced showing her accepting a US$2,200 (RM9,475) designer handbag. The scandal hit then-president Yoon's already-low approval ratings, contributing to a stinging defeat for his party in general elections last April as it failed to win back a parliamentary majority. He later cited purported election fraud and legislative gridlock as justifications for his short-lived effort to suspend civilian rule. — AFP
Hans India
25-04-2025
- Business
- Hans India
Margin pressure hits HUL in Q4
New Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a decline of 3.35 per cent in its consolidated net profit at Rs2,475 crore for the fourth quarter ended March 31, 2025 on lower margins. The company had logged a net profit of Rs2,561 crore in the January-March quarter a year ago, the company said in a regulatory filing. However, revenue from product sales was at Rs 15,416 crore in the March quarter, led by volume growth, up 2.68 per cent from Rs 15,013 crore in the year-ago period. 'HUL reported an Underlying Sales Growth (USG) of 3 per cent and an Underlying Volume Growth (UVG) of 2 per cent,' said HUL in its earnings statement. However, the EBITDA margin, which was at 23.1 per cent, declined 30 bps year-on-year, it added. HUL's total expenses in the March quarter was at Rs 12,478 crore, up 3.12 per cent and total income, which includes other revenue, was up 3.48 per cent to Rs 15,979 crore. In the March quarter, HUL's revenue from the Home Care segment grew 1.85 per cent to Rs 5,815 crore on account of price cuts. 'The segment witnessed negative price growth on account of pricing actions taken to pass on commodity-led benefits to consumers,' it said. The fabric wash category delivered mid-single digit volume growth led by premium fabric wash and fabric conditioners, while household care volumes grew in high-single digit. The 'liquids' portfolio in fabric wash and household care continued to grow in double-digits driven by sustained market development activities and expansion into new formats and segments. The company's 'beauty & wellbeing' segment reported a growth of 6.62 per cent to Rs 3,265 crore. The segment, which houses brands as Lakme etc, had a low-single digit volume growth in the March quarter. Investment in channels of the future continues to yield positive results with the segment delivering double-digit competitive growth in these channels. Similarly, HUL's revenue from Personal Care was up 3.05 per cent to Rs 2,126 crore. The segment, which has brands as Sunsilk, Dove, Pond's, Pears, Rexona, Closeup etc has a low-single digit volume decline. 'Skin cleansing grew in low-single digits driven by calibrated pricing actions taken due to commodity inflation,' it said. Non-hygiene segment, which includes body washes, shampoos, conditioners, delivered high-single-digit growth, while oral care witnessed low single-digit growth led by Closeup. However, HUL's revenue from food was marginally down in the March quarter to Rs 3,896 crore due to volume decline.
Khaleej Times
26-03-2025
- Business
- Khaleej Times
UAE: Ras Al Khaimah real estate transactions surge 25,000% in 7 years
The real estate market in Ras Al Khaimah has grown significantly, with transaction volumes increasing by nearly 250 times or 25,000 per cent over the past seven years, according to the latest data from the Ras Al Khaimah Statistics Centre. The total value of real estate transactions in June 2024 reached Dh2,535,067,291, up from Dh10,113,300 in June 2017. Similarly, mortgage values rose to Dh3,475,928,534 in July 2024, compared to Dh15,836,398 in July 2017, an increase of approximately 21,849 per cent. This reflects growing investor confidence and the emirate's position as a real estate hub. The transaction increase comes as Ras Al Khaimah continues to attract investment through strategic initiatives, including the expansion of Ras Al Khaimah International Airport, significant hospitality and entertainment projects, and a growing focus on sustainable urban development. Christopher Cina, Director of Sales at Betterhomes, told Khaleej Times the surge in transactions is linked to increased development, improved connectivity, and growing demand for beachfront properties. 'The integrated gaming resort is expected to bring 4 million tourists a year to Ras Al Khaimah. Naturally, people prefer beachfront property as well,' he said. He also pointed to the rising number of completed projects and growing market confidence. 'Mortgage activity shows that lenders are taking the market seriously, and more importantly, it indicates that many developments are now complete. The numbers have gone up, and market sentiment has improved because, while there was limited development five years ago, today, there is a significant amount.' Andrei Charapenak, CEO of Major Developers, commented on the market growth: 'Ras Al Khaimah is no longer an emerging player it has established itself as an investment destination. The increase in real estate transactions and mortgage values reflects the emirate's economic development, driven by leadership, infrastructure projects, and demand for residential and commercial spaces.' He added: 'We are seeing a shift in investor sentiment, with luxury, sustainability, and lifestyle integration playing a major role in purchasing decisions. The real estate sector in Ras Al Khaimah is evolving to meet global standards, and new developments are catering to both local and international buyers.'
Arabian Business
26-03-2025
- Business
- Arabian Business
Ras Al Khaimah real estate ‘no longer an emerging player' as transactions up 25,000% since 2017
The real estate market in Ras Al Khaimah has witnessed unprecedented growth, with transaction volumes skyrocketing by nearly 25,000 per cent over the past seven years, according to the latest data from the Ras Al Khaimah Statistics Centre. The total value of real estate transactions in June 2024 reached AED2,535,067,291 ($2.535bn) an exponential leap from just AED10,113,300 ($2.8m) in June 2017. Similarly, mortgage values have soared, recording AED3,475,928,534 ($946.5m) in July 2024, compared to AED15,836,398 ($4.3m) in July 2017—an unprecedented increase of approximately 21,849 per cent. Ras Al Khaimah real estate This surge underscores the growing investor confidence and the emirate's rising prominence as a real estate powerhouse. Andrei Charapenak, CEO of Major Developers, said: 'Ras Al Khaimah is no longer an emerging player—it has cemented itself as a prime investment destination. 'The staggering increase in real estate transactions and mortgage values reflects the emirate's economic momentum, fuelled by visionary leadership, strategic infrastructure developments, and a strong appetite for premium residential and commercial spaces. 'We are seeing a paradigm shift in investor sentiment—luxury, sustainability, and lifestyle integration are driving purchasing decisions'. The surge in transactions comes at a time when Ras Al Khaimah is attracting heightened interest due to its strategic initiatives, including the expansion of Ras Al Khaimah International Airport, hospitality and entertainment investments, and a strong push toward sustainable urban development.
