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Asos shares tumble on FY profit warning

2019-07-18 13:34:00| Daily apparel & textile news and comment - from just-style.com

Shares in Asos remained down by more than 17% this afternoon (18 July) as the UK-based online fashion retailer reduced its full-year sales and profit expectations.

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US lean hog futures take a tumble

2019-06-17 10:45:00| ThePigSite - Industry News

Chicago Mercantile Exchange lean hog futures fell more than 2 percent on Friday on long liquidation and slower-than-expected export demand for US pork supplies.

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Shares in Canada Goose tumble on cautious outlook

2019-05-30 15:31:00| Daily apparel & textile news and comment - from just-style.com

A fourth-quarter sales and profit rise at Canada Goose has not been enough to stop shares from tumbling after the Canadian outdoor apparel brand missed analyst expectations and sounded a cautious outlook on future sales performance.

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M&S announces further store closures amid FY profit tumble

2019-05-22 12:49:00| Daily apparel & textile news and comment - from just-style.com

Clothing, homewares and food retailer M&S has revealed plans to shutter a further 85 full-line stores amid a 9.9% drop in full-year profit.

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First quarter profits at Delta Galil tumble

2019-05-15 15:14:00| Daily apparel & textile news and comment - from just-style.com

First quarter profits at Israel-based apparel major Delta Galil have been hit by negative currency impact and the timing of holiday sales, with net profit 59% lower year-on-year at $3m.

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