Samsung to sell 4 affiliates to Hanwha
Samsung
Seoul - Yonhap
South Korea's top conglomerate, Samsung Group, plans to sell four of its affiliates, including chemical and defense units, to Hanwha Group, industry sources said Wednesday, a move they saw as another corporate reorganization effort after the hospitalization of de facto head Lee Kun-hee in May.
According to the sources, Samsung will offload its defense affiliate Samsung Techwin Co. and Samsung Thales Co., as well as two chemical units, Samsung General Chemicals Co. and Samsung Total Petrochemicals Co., to Hanwha, another South Korean conglomerate whose main businesses include defense and solar power.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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