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Deckers posts record FY sales despite Q4 slip

2020-05-26 14:48:00| Daily apparel & textile news and comment - from just-style.com

US footwear group Deckers Brands has reported record sales for the 2020 full fiscal year driven by a 58% surge in revenue at its Hoka One One brand but expects fiscal year 2021 results to be impacted depending on the duration and severity of the Covid-19 pandemic.

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North American Oil, Gas Rig Count Falls to Record Lows

2020-05-22 19:30:48| OGI

The U.S. rig count, an early indicator of future output, fell by 21 to a record low 318 in the week to May 22, according to data from energy services firm Baker Hughes Co.

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UK suffers record fall as April clothing sales plunge 50.2%

2020-05-22 15:57:00| Daily apparel & textile news and comment - from just-style.com

UK retail sales volumes fell by a record 18.1% in April - the first full month of lockdown - with the volume of clothing sales half that of the previous month.

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UK borrowing at record high as virus cost soars in April

2020-05-22 09:50:44| BBC News | Business | UK Edition

The government borrowed 62.1bn in April - the highest monthly figure since records began.

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OPEC Chief Says Oil Market Responding Well to Record OPEC+ Cut

2020-05-21 14:44:57| OGI

OPEC, Russia and other allies, a group known as OPEC+, are cutting supply by a record 9.7 million barrels per day (MMbbl/d) from May 1 to offset a slump in prices and demand caused by the coronavirus outbreak.

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