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Delta Apparel expects 40% drop in Q3 sales

2020-07-10 15:34:00| Daily apparel & textile news and comment - from just-style.com

Delta Apparel expects to report a near-40% drop in third-quarter net sales compared to last year amid the Covid-19 pandemic but CEO Robert Humphreys says the business is recovering faster than originally anticipated and is likely to return to profitability in its September quarter.

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Nigerian government expects digital broadcasting switch to yield USD 1.1 billion

2020-07-03 09:52:00| Telecompaper Headlines

(Telecompaper) Information minister Lai Mohammed says the Digital Switchover (DSO) will fetch Nigeria USD 1.1 billion from the collection of TV licences and digital access fees, Premium Times reported. Mohammed said the spectrum vacated once the analogue to digital migration has been completed "will fetch USD 1 billion on its own." 

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Zalando expects Q2 sales growth of up to 16%

2020-06-18 11:45:00| Daily apparel & textile news and comment - from just-style.com

German fashion e-tailer Zalando anticipates a "significant" increase in second-quarter sales and EBIT amid an accelerated consumer shift from offline to online.

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Zalando expects Q2 revenue growth of 16%

2020-06-18 11:45:00| Daily apparel & textile news and comment - from just-style.com

German fashion e-tailer Zalando anticipates a "significant" increase in second-quarter sales and EBIT amid an accelerated consumer shift from offline to online.

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Schlumberger CEO Expects Up to $1.4 Billion Charge for Restructuring

2020-06-17 11:10:00| OGI

Schlumberger CEO Olivier Le Peuch said the restructuring will include cuts in the oilfield service company's product lines and focus its operations on five key oil basins.

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