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Frasers sells Sports Direct Malaysia to partner MAP Active

British retail conglomerate Frasers Group has agreed to sell 100 percent of its interest in Sports Direct Malaysia to strategic partner MAP Active (PT MAP Aktif Adiperkasa Tbk) for 150 million US dollars. Following the sale, Frasers will enter into a long-term deal under which MAP Active will “further grow and develop Sports Direct in Malaysia,...

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Fashion

Southeast Asia seeks global recognition for 'special' kebaya craft

In a Malaysian boutique, a small group of seamstresses sit at clattering sewing machines, stitching bright flowers and leaves into kebayas, traditional blouses worn by women around Southeast Asia. What makes kebayas special is that they are worn by women of all ethnic backgrounds in a diverse region, according to Lim Yu Lin, who co-runs the...

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