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Gildan Activewear narrows FY guidance on hurricane impact

2018-11-01 13:06:00| Daily apparel & textile news and comment - from just-style.com

Canadian apparel maker Gildan Activewear has narrowed its full-year guidance on the back of constrained sales growth in the third quarter as Hurricane Florence disrupted distribution operations in the Carolinas, impacting overall sales by about US$30m.

Tags: impact guidance hurricane narrows

 

Uber narrows losses but growth slows

2018-08-15 23:12:55| BBC News | Business | UK Edition

The firm is under pressure to become more profitable for a planned IPO in 2019.

Tags: growth losses uber slows

 
 

Ericsson narrows losses in Q1, to continue R&D push for 5G

2018-04-20 09:16:00| Telecompaper Headlines

(Telecompaper) Ericsson said its restructuring process, which made the company write down assets and let go of personnel, started showing positive results in the first quarter, with still lower revenues, but higher margin and profit figures. The company reduced its total workforce by over 3,000 in the quarter, bringing the full number to almost 18,000 since reductions were started in July. The annual run-rate of savings has so far reached SEK 8.5 billion, and the goal is to reach SEK 10 billion by mid-year.

Tags: continue rd push ericsson

 

French Connection close to turnaround, narrows FY loss

2018-03-13 12:33:00| Daily apparel & textile news and comment - from just-style.com

French Connection Group has revealed it received an unsolicited takeover approach from a third party in the US last year as the British fashion retailer said it is "very close" to returning to profitability.

Tags: close french loss connection

 

LG narrows smartphone losses in Q4 on stable shipments

2018-01-25 08:34:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported improved results for the fourth quarter, led by its premium TV business, and said it expects sales growth to continue in Q1. The company also reduced losses its mobile phone business on stable shipments.

Tags: stable losses smartphone shipments

 

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