Latest news with #RM13
The Star
a day ago
- Business
- The Star
Jonathan Anderson named women's creative director at Dior in major fashion move
This latest announcement by Dior makes Jonathan Anderson creative director for the women's, men's and haute couture collections. Photo: Dior Dior named Jonathan Anderson its next womenswear designer as owner LVMH seeks to revive growth at the struggling brand. This makes Anderson creative director for the women's, men's and haute couture collections. He will present his first collection, Dior Spring/Summer 2026 menswear, Dior said in a statement Monday (June 2). Anderson replaces Maria Grazia Chiuri, who spent nine years in the role before stepping down last week. The move greatly expands Anderson's duties after the designer, a native of Northern Ireland, was given direction of Dior's menswear line in April. The roles had previously been split. Kim Jones, the brand's former menswear designer, left in January. LVMH Moet Hennessy Louis Vuitton SE's key fashion and leather goods unit, which includes Dior and Louis Vuitton, saw organic sales fall 5% in the first quarter. Read more: Dior's first female head of womenswear, Maria Grazia Chiuri, steps down While the company doesn't provide financial performance by brands, HSBC estimates that Christian Dior Couture likely had sales of €8.71bil (approximately RM42.28bil) last year and earnings before interest and taxes of €2.74bil (RM13.3bil). After years of double-digit growth rates, with blockbuster products such as the Dior Book tote bag that can sell for €2,750 (RM13,350), Dior has been underperforming the larger Louis Vuitton in recent quarters as its collections fail to resonate with consumers. The wider luxury market has suffered as well, hurt by weak demand in China and an escalating trade war. LVMH chief executive officer Bernard Arnault's eldest child, Delphine, 50, has been CEO of Dior for more than two years. Anderson was creative director of Loewe, an LVMH brand known for its leather bags, for more than a decade until March. The label experienced "exceptional growth' during Anderson's tenure, the company said when announcing his departure. – Bloomberg
New Straits Times
a day ago
- New Straits Times
Cops seize 365kg of meth worth RM13.14 million, suspected trafficker held
KANGAR: Police busted a major drug trafficking operation in Perlis following the seizure of 365kg of syabu (methamphetamines) worth RM13.14 million concealed in a car in Beseri, Padang Besar, yesterday. A 40-year-old man, believed to be a trafficker, was arrested in the early morning raid. Perlis police chief Datuk Muhammad Abdul Halim said the operation followed a tip-off, leading officers to a house in Kampung Belat Batu, Beseri, at 3.30am yesterday. "Police detained a man driving a Proton Waja in the area. Interrogation led to the discovery of a Toyota Vios parked nearby, suspected to be linked to drug activities," he told a press conference at the state police headquarters here today. A search of the vehicle found 17 tightly sewn sacks containing crystal meth, also known as syabu, with a street value of over RM13 million. A preliminary investigation found the suspect had previously been involved in human trafficking activities, using illegal jungle routes in Padang Besar to smuggle undocumented migrants across the border. "For this case, we believe the same routes were used to bring in the meth supply from a neighbouring country," he said. The seized drugs were believed to have been stored temporarily in houses or vehicles in Perlis before being transported to destinations in the south, including the Klang Valley. Halim said the suspect, who works as a heavy machinery driver, had five prior criminal records involving snatch theft, drug offences and human trafficking. A drug test also returned positive for methamphetamine. "The seized meth could supply up to 3.6 million drug users," he added. Police are now tracking down another man believed to be the suspect's accomplice, who fled the scene during the operation. The suspect has been remanded until June 7 to assist in investigations under Section 39B of the Dangerous Drugs Act 1952, which carries the death penalty or life imprisonment upon conviction.
Daily Express
3 days ago
- Entertainment
- Daily Express
Tamparuli's Atitih crowned State Unduk Ngadau 2025
Published on: Saturday, May 31, 2025 Published on: Sat, May 31, 2025 By: Ricardo Unto Text Size: Atitih (middle) is flanked by Elka (left) and Celarin. – Pic by Ricardo Unto | Daily Express PENAMPANG: Atitih Yati Robert, representing Tamparuli, was crowned the State Unduk Ngadau Kaamatan (UNK) 2025 at the finals held at the KDCA Hall on Saturday. She took home RM17,500 in cash, a tiara, a fully-beaded sash, a trophy, and other sponsored prizes. The first runner-up title went to Tambunan's Elka Alika Pijeh, who received RM13,000 in cash, a trophy, and sponsored prizes. Celarin Jenny, representing Kiulu, secured third place and won RM10,500 in cash, a trophy, and sponsored prizes. The event was one of the main highlights of the State Kaamatan Festival celebration, drawing thousands in a tribute to culture, beauty, and heritage. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Barnama
3 days ago
- Business
- Barnama
Malaysia Secures RM8 Bln In Potential Investments At Expo 2025 Osaka
BUSINESS Deputy Prime Minister Datuk Seri Fadillah Yusof delivers a speech before officiating the opening of the Malaysia Pavilion at Expo 2025 Osaka today. From Karina Imran OSAKA, May 31 (Bernama) -- Malaysia has successfully secured more than RM8 billion in potential investments and signed 20 memoranda of understanding (MoUs) through its participation at Expo 2025 Osaka, said Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, who is also the Minister of Energy Transition and Water Transformation and chairperson of Malaysia's National Organising Committee for Expo 2025, said this achievement, involving 101 companies, represents 61.54 per cent of the overall RM13 billion target that was previously set. 'I am confident that with our coming initiatives over the next four months, we will not only surpass our target but also unlock new opportunities for Malaysians. The success of our participation will pave the way for job creation while further strengthening bilateral ties with Japan and other global partners. 'So together, we reaffirm Malaysia's role as a trusted global partner in shaping a future built on innovation and collaboration,' he said at the press conference after officiating the opening ceremony of the Malaysia Pavilion at Expo 2025 Osaka, Japan, today. Also present at the official opening ceremony were Deputy Minister of Investment, Trade and Industry Liew Chin Tong, Ambassador of Malaysia to Japan Datuk Shahril Effendi Abd Ghany and Deputy Premier of Sarawak Datuk Amar Awang Tengah Ali Hasan. In addition to the digital economy, Fadillah highlighted the green economy, Japanese technologies, and global participation in Expo 2025 as key opportunities for Malaysia to explore. He noted that these opportunities position Sarawak not only as a hub for energy, particularly green energy, leveraging its hydropower resources, but also as a central player in Malaysia's Hydrogen Economy Roadmap and Energy Transition Roadmap.
Borneo Post
3 days ago
- Business
- Borneo Post
Malaysia secures RM8 bln to date at Expo 2025 Osaka
Fadillah (middle) rings the gong to officiate the launch of the Malaysia Pavilion at the Expo 2025 Osaka on Saturday. OSAKA (May 31): The Malaysia Pavilion has successfully secured more than RM8 billion in potential investments and 20 memoranda of understanding (MOUs) to date at the Expo 2025 Osaka, Japan. This is fast approaching the government's target of RM13 billion in potential trade and investments from this expo. Malaysia's participation vial its own pavilion, which runs from April to October, is supported by the participation from 21 federal ministries and around 70 government departments and agencies. According to Deputy Prime Minister Datuk Seri Fadillah Yusof, this achievement represents 61.54 per cent of Malaysia's target of RM13 billion within just two months of operations, signalling optimism for Malaysia. A total of 101 companies are involved in these investment deals of RM8 billion, with 398 business meetings held so far. 'From our target of 1.5 million visitors over the six-month duration of the Expo, we have surpassed the milestone of 1 million guests at the pavilion this week,' he added during the launch of the Malaysia Pavilion at Expo 2025 Osaka here on Saturday. Also present was Deputy Premier of Sarawak, Datuk Amar Awang Tengah Ali Hasan; Deputy Minister of Investment, Trade and Industry Liew Chin Tong; Ambassador of Malaysia to Japan, Datuk Shahril Effendi Abd Ghany; MITI Deputy Secretary General (Industry) Datuk Hanafi Sakri; and Malaysia Pavilion director Ellyza Mastura Amhad Hanipiah. Fadillah, who is also Minister of Energy Transition and Water Transformation (PETRA), underscored the Expo's role as a strategic and complementary platform not only to showcase Malaysia's capabilities, but also to highlight the collective efforts of the Asean region in shaping a future that is inclusive, equitable, and environmentally responsible. 'Our theme as Chair of Asean this year, 'Inclusivity and Sustainability' aligns seamlessly with Expo 2025's overarching theme, 'Designing Future Society for Our Lives',' he said. 'By being here, we are not only showcasing Malaysia's capabilities and ambitions but also engaging directly with the people of Japan and the wider international community. 'This global stage fosters mutual understanding, encourages meaningful dialogue, and opens new pathways for collaboration across shared areas of interest.' The Deputy Prime Minister recalled that Malaysia had previously participated in the Expo 1970 Osaka 55 years ago — a sign of the staunch camaraderie between Malaysia and Japan. 'From early collaborations in industrial development to contemporary partnerships in technology and education, the connections between our people and our nations are profound. 'The presence of numerous Malaysian students and professionals in Japan, and the reciprocal interest of Japanese in Malaysia's unique heritage, natural beauty and business opportunities, are proofs to this strong affinity.' Expo 2025 Osaka foreign investment Malaysia Pavilion
