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Zalando moves to a loss in Q3, despite sales hike

2017-11-07 10:30:00| Daily apparel & textile news and comment - from just-style.com

Berlin-based fashion e-tailer Zalando has lowered its forecast for the full year as it moved to a loss in the third quarter, despite a double-digit sales hike.

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Ralph Lauren books 214.7% Q2 profit hike, sales slide

2017-11-02 13:25:00| Daily apparel & textile news and comment - from just-style.com

Lower customer demand saw Ralph Lauren Corporation post a revenue decline that was in line with its expectations for the second quarter, despite posting a 214.7% profit hike as CEO Patrice Louvet said he is "encouraged" by the early progress the US apparel giant is making to strengthen its brand and better connect with consumers.

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ZTE predicts 2017 profit hike

2017-10-19 02:00:00| Total Telecom industry news

ZTE will report a 36.58% increase in net profit in the first three quarters of 2017 and expects its full-year bottom line to exceed previous years' profits by some margin…read more on TotalTele.com »

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Vietnam apparel sector opposes proposed wage hike

2017-10-11 12:37:00| Daily apparel & textile news and comment - from just-style.com

Vietnam's textile and apparel industry has opposed a proposed 6.5% minimum wage increase from the beginning of next year, saying the move will reduce competition, shift the labour structure and prevent expansion.

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Cambodia garment workers to get 11% wage hike

2017-10-06 12:31:00| Daily apparel & textile news and comment - from just-style.com

Cambodia's garment, textile and footwear workers are to receive an 11% rise in minimum monthly wages from the beginning of next year.

Tags: workers cambodia wage hike

 

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