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Deutsche Telekom plans to reduce number of stores, cut jobs - report

2019-07-03 11:13:00| Telecompaper Headlines

(Telecompaper) The chain of 500 stores is considered too large as customers are increasingly using the internet for service. The number of branches should fall to 460. The company may also cut jobs, the report said, adding that of 4,500 jobs, around 1,200 have become redundant. The management does not find the decisions easy to handle as the shops with their magenta-coloured labelling belong to the core brand of Telekom. However, the demand in the shops has fallen enormously in recent years. 

Tags: number report jobs stores

 

Samsung completes redesign of Galaxy Fold - report

2019-07-03 08:54:00| Telecompaper Headlines

(Telecompaper) Samsung has completed a two-month redesign of the Galaxy Fold to fix the screen failures that forced the company to delay the launch of its first foldable smartphone, people familiar with the matter told Bloomberg. Samsung is in the final stages of producing a commercial version but can't yet set a date to begin sales, the report said. 

Tags: report samsung fold galaxy

 
 

Milacron considering selling its Cimcool division: report

2019-07-02 23:49:54| Canadian Plastics Headlines

Bloomberg sources say the plastics machinery maker is working with an adviser to look at options for the unit, which produces coolants and lubricants for industrial machinery. The post Milacron considering selling its Cimcool division: report appeared first on Canadian Plastics.

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Bangladesh Apparel Exports in 1st Quarter 2019 (Quaterly Report)

2019-07-02 21:23:42| EmergingTextiles.com

Apparel exports from Bangladesh have remained very strong in the first quarter this year, although with different results depending on destinations. Exports to the French and US markets have recovered, whereas shipments were further surging to Japan. Unit prices have been kept under control as the sharp rise of labor costs has not yet been taken into account. Our statistical series provide a comprehensive view of Bangladesh's clothing exports in the 1st quarter 2015-2019, including volume, value, and unit value changes per destination. A set of indices offers a 4-year approach. Knit, woven, and total apparel exports are separately displayed. All data are available for download.

Tags: report 1st apparel quarter

 

China Yarn Prices: Domestic and Import Markets (Weekly Report)

2019-07-02 21:23:42| EmergingTextiles.com

Spun yarn prices are expected to significantly bottom out in China where fiber prices have recovered in the last week. Polyester staple fiber prices have sharply rebounded, meaning that margins will further fall at spinning mills, with many plants plunging into the red. Our weekly report covers the China yarn domestic and import market indicators, as well as local market prices in Qianqing (Zhejiang). Prices of a large number of counts are released for spun cotton, polyester, viscose, and blends. Import prices are also available for cotton yarns. Domestic and import yarn prices are compared. All data are available for download.

Tags: report china prices import

 

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