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UK clothing sales growth slows in June
2015-06-25 16:23:00| Daily apparel & textile news and comment - from just-style.com
Sales volumes at UK clothing retailers continued to grow in the year to June, albeit at a slower pace than expected, new figures show.
Tags: june
sales
growth
clothing
Growth in Philippines slows sharply
2015-05-28 06:03:24| BBC News | Business | UK Edition
Growth in the Philippine economy slows to its lowest pace since 2011 in the first quarter from a year ago, figures showed.
Tags: growth
philippines
sharply
slows
Lenovo sales growth slows to 21% in Q4
2015-05-21 09:05:00| Telecompaper Headlines
(Telecompaper) Lenovo reported revenues for its fiscal fourth quarter up 21 percent year-on-year to USD 11.3 billion, helped by its acquisition of Motorola Mobility and the IBM server business. Organic growth was held back by negative currency effects; without the forex effect, sales would have increased 28 percent. While the gross margin improved to 15.7 percent from 13.3 a year ago, the acquisitions led to a sharp rise in operating costs. As a result, operating profit fell 45 percent to USD 127 million, and net profit dropped 38 percent to USD 100 million. Lenovo said it laid a good base for profitable growth in the past year, reducing the share of PCs in revenue to 63 percent in the last quarter. The PC market saw a seasonal slowdown in the March quarter, with shipments up just 2.7 percent year-on-year to 13.3 million. In the mobile market, Lenovo shipped 18.7 million smartphones in Q4 and a record 76 million over the full year. Motorola contributed over 7.8 million units in the quarter, and Lenovo said the company was on track to return to profit within 4-6 quarters of the acquisition. Outside Lenovo's home market China, smartphone shipments were up over four-fold to 31 million in the year, as the company expanded Lenovo-brand phones to new markets. Lenovo also grew tablet shipments 26 percent last year to 12 million units.
China's Baidu revenue growth slows
2015-04-30 08:50:29| BBC News | Business | UK Edition
Chinese online search giant Baidu sees its slowest revenue growth for nearly seven years in the first quarter of 2015.
Tags: growth
revenue
baidu
slows
Twitter lowers FY outlook after revenue growth slows in Q1
2015-04-29 09:20:00| Telecompaper Headlines
(Telecompaper) Twitter reported first-quarter revenues of USD 436 million, up 74 percent from the year-earlier figure but lower than the company's guidance of USD 440-450 million. Advertising revenues came in at USD 388 million, up 72 percent from last year's figure of USD 226 million, of which some 89 percent came from mobile accounts. The messaging company's net loss widened to USD 162 million or 25 cents a share from USD 132 million or 23 cents a share a year ago. Adjusted EBITDA exceeded the company's target for Q1, coming in at USD 104 million, up from USD 37 million a year ago, representing an adjusted EBITDA margin of 24 percent. The company had a total of 302 million monthly active users in March, an increase of 18 percent year-on-year, after adding just 14 million users over the last quarter. Around 80 percent of users were on mobile. The company was forced to lower its guidance for annual revenue from USD 2.30 billion to around USD 2.17 2.27 billion, saying that its direct response products were likely to keep underperforming throughout the year.
Tags: in
growth
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outlook
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