Apparel
Future of Ultrasonic still uncertain
The future of Ultrasonic AG, the German holding company of Chinese footwear maker Ultrasonic Group, is still uncertain after the turbulent events of the last two weeks. Shares plunged from almost 7 euros to 1 euro after news broke on 16th September that the company's CEO Qingyong Wu and COO Minghong Wu had disappeared and with them most of the...
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