Alexander Health Clubs (亞力山大健康休閒俱樂部) yesterday said it had signed a letter of intent with Elea Cosmetics International Corp (誼麗國際) to resume operation of major outlets by next month.
The news comes a month after Alexander shut its 20 outlets nationwide. The latest development ended speculation about possible takeovers.
"We signed a letter of intent with Elea Cosmetics last night [Sunday night]," Alexander spokeswoman Wang Feng-ming (王鳳鳴) said in a telephone interview.
She declined to reveal terms or financial details, citing a non-disclosure clause.
Elea Cosmetics would only take over some major outlets and it planned to re-open those gyms by Lunar New Year, which falls next month, Wang said.
Elea Cosmetics was unavailable for comment as of press time yesterday.
Wang declined to comment on whether local direct sales firm Kelti International Co (
Alexander Group (亞力山大集團) chairwoman Candy Tang (唐雅君) was released on bail after questioning last month on suspicion that she and her sister had defrauded members of the health center.
The health club had 10,000 members and 2,000 employees.
Greek tourism student Katerina quit within a month of starting work at a five-star hotel in Halkidiki, one of the country’s top destinations, because she said conditions were so dire. Beyond the bad pay, the 22-year-old said that her working and living conditions were “miserable and unacceptable.” Millions holiday in Greece every year, but its vital tourism industry is finding it harder and harder to recruit Greeks to look after them. “I was asked to work in any department of the hotel where there was a need, from service to cleaning,” said Katerina, a tourism and marketing student, who would
i Gasoline and diesel prices at fuel stations are this week to rise NT$0.1 per liter, as tensions in the Middle East pushed crude oil prices higher last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices last week rose for the third consecutive week due to an escalating conflict between Israel and Iran, as the market is concerned that the situation in the Middle East might affect crude oil supply, CPC and Formosa said in separate statements. Front-month Brent crude oil futures — the international oil benchmark — rose 3.75 percent to settle at US$77.01
Merida Industry Co (美利達) has seen signs of recovery in the US and European markets this year, as customers are gradually depleting their inventories, the bicycle maker told shareholders yesterday. Given robust growth in new orders at its Taiwanese factory, coupled with its subsidiaries’ improving performance, Merida said it remains confident about the bicycle market’s prospects and expects steady growth in its core business this year. CAUTION ON CHINA However, the company must handle the Chinese market with great caution, as sales of road bikes there have declined significantly, affecting its revenue and profitability, Merida said in a statement, adding that it would
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