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Tag: stock
Next saves GBP290m on stock costs as sales slump
2020-04-29 13:07:00| Daily apparel & textile news and comment - from just-style.com
UK clothing retailer Next has saved around GBP290m (US$360m) on stock purchases, after cancelling orders it "no longer needs" because of store and warehouse closures due to try to halt the spread of Covid-19, and moving other stock into future seasons.
Nabors Investors Approve Reverse Stock Split to Improve Share Price
2020-04-22 00:15:24| OGI
The board of directors of Nabors, which owns and operates one of the worlds largest land-based drilling rig fleets, approved the reverse stock split at a ratio of 1:50.
Tags: price
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Primark owner takes GBP284m unsold stock hit
2020-04-21 13:35:00| Daily apparel & textile news and comment - from just-style.com
Primark-owner, Associated British Foods (ABF) has written down the value of its clothing stock by GBP284m (US$349.3m) as the fashion retailer has gone from making sales of GBP650m each month to nothing following the closure of all stores in March amid the Covid-19 pandemic.
Why stock markets are strong while companies are weak, how best to keep investors informed and why Q1 doesn't matter so much - The just-drinks analyst
2020-04-20 18:40:00| Daily beverage news and comment - from just-drinks.com
None of us - not even just-drinks' in-house analyst, Ian Shackleton - has seen anything like this. The coronavirus pandemic has thrown us all into panic. As the need for calm heads grows, allow Ian to talk you down.
Coronavirus: Noodles and Smash sales up as people stock staples
2020-04-20 13:45:17| BBC News | Business | UK Edition
Premier Foods says pasta sauces and home baking kits are also in demand amid the lockdown.
Tags: people
sales
stock
smash
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