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Ascena Retail sees Q1 profit dip on fewer stores

2018-12-11 12:20:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Ascena Retail Group has reported a slight dip in earnings and sales for the first quarter on the back of fewer stores as part of an ongoing optimisation programme and increased expenses.


Category: Consumer Goods and Services
 

Ted Baker CEO steps aside amid "serious allegations"

2018-12-11 11:56:00| Daily apparel & textile news and comment - from just-style.com

UK lifestyle brand Ted Baker has announced its chief executive, Ray Kelvin, is to take a voluntary leave of absence after the company's board learned of "further serious allegations" regarding his conduct.

Tags: steps ceo ted baker

Category: Consumer Goods and Services
 

Bangladesh clean textile pact widens scope and impact

2018-12-11 11:43:00| Daily apparel & textile news and comment - from just-style.com

The second phase of an initiative to adopt state-of-the-art efficiency and cleaner production practices in Bangladesh's textile value chain has expanded its scope from spinning to the final finished product - and is eyeing savings of 10.9bn litres of water and 1.3m megawatt-hours (MWh) of energy every year.

Tags: impact clean scope bangladesh

Category: Consumer Goods and Services
 

Wages rise at fastest pace for decade

2018-12-11 10:53:57| BBC News | Business | UK Edition

Average weekly earnings record the biggest rise since November 2008.

Tags: rise pace decade fastest

Category: Consumer Goods and Services
 

Telefonica Spain upgrades Movistar+ UI to add Netflix

2018-12-11 10:30:28| Digital TV News

Telefónica Espaa has announced the arrival of Netflix on Movistar. Movistar customers now have the option of new Fusión packages that includes Netflix, access to more mobile data and an additional mobile line.


Category: Consumer Goods and Services
 

Carpetright losses widen as sales fall

2018-12-11 09:21:20| BBC News | Business | UK Edition

Sales are still falling at the retailer which is closing stores as part of a restructuring plan.

Tags: sales fall losses widen

Category: Consumer Goods and Services
 

Indian rupee hit by central bank chief's shock resignation

2018-12-11 06:57:22| BBC News | Business | UK Edition

The country's central bank chief Urjit Patel stepped down abruptly on Monday, citing "personal reasons".

Tags: central hit bank indian

Category: Consumer Goods and Services
 

Huawei: The life of Chinese tech heiress Meng Wanzhou

2018-12-11 01:07:36| BBC News | Business | UK Edition

Huawei executive Meng Wanzhou was arrested in Canada for allegedly breaking US sanctions against Iran.


Category: Consumer Goods and Services
 

The pub where your cash is worthless

2018-12-11 01:06:14| BBC News | Business | UK Edition

As more firms around the world refuse to take cash, does this mean the end for notes and coins?

Tags: cash pub worthless

Category: Consumer Goods and Services
 

Love Islanders' Instagram tips on how to make money from #ad

2018-12-11 01:05:05| BBC News | Business | UK Edition

Each paid post is making reality TV stars like Paul Knops and Jamie Jewitt hundreds of pounds - but how?


Category: Consumer Goods and Services
 

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