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Weak footfall and shift to online weighs on JD Sports H1

2020-09-08 11:03:00| Daily apparel & textile news and comment - from just-style.com

JS Sports Fashion plc saw both earnings and sales slide in its first half as weak footfall and additional costs associated with a shift in revenues to online channels during temporary store closures weighed on results.

Tags: online sports shift weak

 

ConocoPhillips Sinks to $1 Billion Loss on Weak Oil Price

2020-07-30 18:20:00| OGI

Shares in ConocoPhillips, the largest independent producer in the U.S. by market cap, fell sharply despite news it is gradually restoring oil production.

Tags: price loss oil billion

 
 

Twitter user growth accelerates in Q2, but revenues, profits fall on weak ad market

2020-07-23 15:15:00| Telecompaper Headlines

(Telecompaper) Twitter reported accelerated growth in users in the second quarter, as more people took to the social media platform to discuss current events. However, the user growth did not translate into more revenues, as the advertising market remained weak during the coronavirus outbreak, and the company reported a loss for the quarter. 

Tags: user market fall growth

 

Weak due diligence reporting in Dutch sustainability pact

2020-07-07 13:00:00| Daily apparel & textile news and comment - from just-style.com

The Dutch Agreement on Sustainable Garments and Textiles (AGT) has been criticised after an investigation found member affiliates failing to adequately address specific problems around human rights risks in the factories they work with.

Tags: due reporting dutch weak

 

Sony FY results down after weak Q4 due to Covid-19 disruptions

2020-05-13 09:42:00| Telecompaper Headlines

(Telecompaper) Sony reported revenues for its fiscal fourth quarter to March down 18 percent year-on-year to JPY 1.75 trillion, as the coronavirus outbreak disrupted sales of many of its products. Operating profit dropped 57 percent to JPY 35.4 billion, and net profit was down 86 percent to JPY 12.6 billion. The weak quarter means Sony missed its full-year guidance, and the company did not give an outlook for the new year. 

Tags: to results due sony

 

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