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New York - Esprit Holdings Ltd, the biggest Hong Kong-listed clothier, is exploring the sale of its US and Canadian operations, according to three people familiar with the matter. Rothschild in New York has been hired to advise Esprit, said the people, who declined to be identified because the process isn't public. The assets are likely to be shown to a number of private-equity funds, said one of the people. Esprit's sales in North American countries, where it has more than 90 stores, grew 11 percent to HK$657 million ($84 million) in its fiscal first half, which ended in December. The clothing A representative of Rothschild didn't immediately return a phone message seeking comment. Patrick Lau, Esprit's senior vice-president for finance and head of investor relations, declined to comment on the matter. Chief Financial Officer Chew Fook-aun couldn't immediately be reached. Esprit fell 3.8 percent to HK$20.50 at the close of trading in Hong Kong as Asian stocks slumped amid concerns that the US economic recovery is weakening and Europe's debt crisis may spread. The retailer's shares are down 45 percent this year as it contends with higher materials costs and competition from Hennes & Mauritz AB and Inditex SA's Zara. Esprit, which began in 1968 in California, has more than 1,150 directly managed retail locations worldwide and more than 12,000 wholesale outlets, including franchises and "shops in stores". The North American division accounted for 3.7 percent of Esprit's HK$17.7 billion revenue in the six months through December. The company, with a market value of HK$26.5 billion, was started by Susie and Doug Tompkins when they sold clothes out of the back of a station wagon in San Francisco, according to the company's website. The transformation into a global brand began three years later, when the couple met Hong Kong businessman Michael Ying, who was chairman from 1993 until 2006. The current chairman is Hans-Joachim Koerber, the former chief executive officer of Germany's Metro AG, who took over from Heinz Krogner in February. UGG Boots UKis available in a wide variety of colors to choose from. The main reason of availability in so many colors is to serve the different industries with different color codes to differentiate them from others. Secondly, with the increasing demand for Bailey Button Ugg Bootshas also forced the industry to come up with new colors and models.

HONG KONG - Chinese securities companies are making inroads in international investment banking markets, driving up hiring costs and spurring tighter competition for deals, according to a senior executive of Barclays PLC. "They're very real competition; they absolutely win deals and in many cases, they win deals that we would love to be in," said Matthew Ginsburg, Hong Kong-based head of investment banking at Barclays in Asia, in an Aug 16 interview. "On the cost side, are they starting to be competitive for talent? In many cases, they are absolutely." Ginsburg is leading the expansion of Barclays' investment bank in Asia, where fees from advising on stock sales and mergers have grown faster than in the United States and Europe, powered by China's and India's expanding economies. Chinese rivals such as Citic Securities Co and Haitong Securities Co are planning share sales in Hong Kong to raise money for hiring bankers and expanding offices outside their home market. Chinese securities companies are using Hong Kong as a stepping stone for expansion outside China, where the government requires foreign investment banks to team up with local partners for stock and bond underwriting. Share-sale fees in the city were 2.2 percent of the money raised last year, the lowest level since at least 1999, according to data compiled by Bloomberg. The fee percentage has remained at that level in 2011, the data show. Guosen Securities Co, this year's biggest stock underwriter in China, more than doubled the workforce at its Hong Kong unit in 2011 and plans to rent more office space in the city, the head of the unit, Lu Xiaoning, said in July. Equity mandates Goldman Sachs Group Inc, based in New York, is the top equity offering arranger in the Asia-Pacific region this year, followed by Morgan Stanley, according to Bloomberg data. The two companies dominate stock sales in Hong Kong, working on a combined 39 percent of deals by value. Two Chinese investment banks - China International Capital Corp (CICC) and Bank of China International Ltd - are among the top 10 stock underwriters in the city, the data show. Barclays is in 26th place in arranging Asia-Pacific equity offerings. The UK bank has a "strong pipeline" of equity fundraising deals, including convertible bonds, that have yet to be completed, Ginsburg said. Chinese companies' expansion in international investment banking isn't likely to drive fees lower, he said.genuine ugg boots is available in a wide variety of colors to choose from. The main reason of availability in so many colors is to serve the different industries with different color codes to differentiate them from others. Secondly, with the increasing demand for Roxy Tall Ugg Bootshas also forced the industry to come up with new colors and models.

CAIRO - The head of Egypt's anti-graft authority, Assem el-Gohari, has ordered a top aide of ousted President Hosni Mubarak to be tried on charges of corruption and illegal profiteering, local newspapers reported on Thursday.

They said Zakaria Azmi, former chief of staff of the president ousted in a popular uprising in February, would appear before a criminal court on suspicion of using his office to amass unlawful gains worth millions of Egyptian pounds, mostly in the form of villas, flats and tracts of land.

No date has been set for the trial. El-Youm el-Sabaa newspaper said prosecutors demanded that Azmi be given a prison sentence and ordered to return 86 million Egyptian pounds ($14.45 million) to the state.

Egypt has frozen Azmi's assets, along with other former senior officials, in an attempt to meet demands by activists seeking tougher action against officials from Mubarak's administration accused of graft and abuse of office.

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TRIPOLI - Libyan Prime Minister Baghdadi Ali Mahmudi on Thursday called for dialogue to solve the Libyan crisis, saying that peaceful means is the necessary choice.

Speaking at a press conference after a cabinet meeting, Mahmudi said: "The Libyan crisis cannot be solved through military means, but through dialogue and consultative means," according to the state-run news agency.

"NATO should immediately stop the bombardment over the Libyan people, thus creating conditions for dialogue and consultation," he said.

"We are not on the weak side, though we proposed dialogue... that is because peaceful means is our choice. We hope the international community cooperate for a satisfactory solution," Mahmudi stressed.

He also said that "Various contacts are underway which is aimed at launching dialogue for a peaceful solution."Cheap UGG Bootsis available in a wide variety of colors to choose from. The main reason of availability in so many colors is to serve the different industries with different color codes to differentiate them from others. Secondly, with the increasing demand for Ugg Sundance II Boots has also forced the industry to come up with new colors and models.

China Grand Canal soccer team lost 2-3 to Japan, ending the current pace of the Universiade. Comparison of regret, but men's soccer Zhezhi Grand Canal, in the Jin Zhiyang's tune, made considerable progress, but it is obvious to all. Faced with GuoZiHao Zhezhi help out the Japanese team, the team he Shoudi Xia no stage fright, and even there is no small victory. Jin Zhiyang hard to cultivate a campus football, finally bursting out of the sparkle.

Chinese football has gone 18 years of professional road, but the results achieved, is extremely limited. Soccer population more and more sluggish, GuoZiHao record is extremely poor and bad news after another. Various difficulties, so that the hearts of so many people give birth to the confusion: The piece of Chinese soil, is really not suitable for football. Just as people will put all the attention in professional football, the coach Jin Zhiyang the quiet campus football culture, already in slowly bearing fruit.

Sino-Japanese war in this, despite the strength, the existence of the gap with rivals. But the Chinese team has the courage to Sword, even when behind in the score, is no confusion, showing a strong psychological qualities. Opening soon behind the situation, to exceed the halftime score. Before the whistle, the Chinese team have a header, hit the Japanese team's column on! Almost to the match into penalty kicks. The whole game, the Chinese team has not given up, but then insist on attack attack attack and yield fruitful results. With the Olympic team in the Asian arena, and again lost the ball collapse, certainly in stark contrast.

Before the game, Jin Zhiyang once said to Sike Japan, with the results so that the fans back to court. Although not win, but his disciples, but with action to defend the teacher's words also proved his commitment is not empty words. Although lost, but China has played football for a long time there have been no Manner. Glorious defeat, the Grand Canal soccer team with their own actions to defend the dignity shattered all doubts outside. UGG. no matter how hard and crucial your work place is, UGG Boots Canada is build to absorb every kind of thing coming its way keeping your feet warm, dry, comfortable and secure.and Ugg Knights Bridge Boots the also a new style.

 

As born in the 1970s, the 1980s began playing amateur football, beginning in 2007, the organization's grass-roots football amateur football league participants, Yu Guangxin deeply felt Shenyang rapid changes in amateur football environment. Playing field from the yellow earth, sand land, to the artificial turf, natural turf; about competition from similar oral, home similar to phone Yuezhan, network Yuezhan; competition for soccer from the factories and mines, the campus developed into various forms of football amateurs Football League, Shenyang amateur football environment in the past five years into a very active time. As a soccer league organizers and fans, Yuguang Xin's very well.

First organized in 2007 from the start of the league, football league to allow the development of good health, Yu Guangxin developed a strict standard of the league rules and transparent charging system and human services, he has a fair, just and open attitude to attract a nearly surrounding cities of Shenyang and his only football team to participate in a variety of organized football. 2008 from his organization out of the league's Liaoning Provincial Department of Culture soccer team won the 2008 Dream Go China Euro Shenyang Division title, it is through this competition that he knew and understood the fuel China's sports community, and China's largest amateur sports competition features and exciting platform for content attracted.

2009 After refueling the strict Chinese sports community study, Yuguang Xin began refueling contractor Shenyang China Division Champions League game. Through their own team's efforts, fueling China in three consecutive years Champions League tournament will be held in China, Shenyang Division of influence and views are among the best. While standardizing the management of wonderful colorful event also attracted official website reported that Liaoning Television Station, Liao Shen Evening News, Shenyang, Liaoning-Shenyang Evening News and a number of media attention. 2011 season is to get the Football Association in Shenyang City, the attention and support.

China through the Champions League this event refueling platform for Yu Guangxin met many like-minded football brothers. Shenyang and surrounding cities are very different amateur football organization to support his work, have sent teams to participate in fueling China Shenyang Division Champions League game. From 2009, China's sports community and fuel oil Champions League China's influence gradually expanded, Fushun, Xinmin City, to participate in amateur soccer team started the tournament. 2011 season, is attracting Shenyang, Fushun, Liaoyang, Anshan, Tonghua and other places to participate in the amateur team which reached the 46 participating teams. In order to improve the fuel this year, China Shenyang Division Champions League match quality, Yuguang Xin Shenyang is hired senior amateur football referee before Zhang Rong and his team of referees. Zhang Rong amateur football referee before the world in Shenyang prestigious, annual law enforcement Shenyang highest level amateur football and amateur football in Shenyang have been recognized by industry. Amateur football in Shenyang we called him "the referee Big Brother," his arrival greatly enhances fuel Shenyang, China Division Champions League referee's level of law enforcement. UGG.

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