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Lenzing in FY profit and sales slip

2019-03-14 13:12:00| Daily apparel & textile news and comment - from just-style.com

Lower selling prices for standard viscose, as well as higher raw material and energy costs, have contributed to a decline in full-year revenue and earnings at Austrian cellulosic fibre producer Lenzing compared with record results in the previous year.

Tags: sales profit slip lenzing


Mike Ashley refers Debenhams board to regulator over profit warning

2019-03-14 00:02:05| BBC News | Business | UK Edition

Sports Direct accuses the board of giving misleading advice to investors, which Debenhams denies.

Tags: board mike profit warning


French Connection sale talks "ongoing" amid return to FY profit

2019-03-12 10:37:00| Daily apparel & textile news and comment - from just-style.com

French Connection Group has achieved its goal of returning to underlying profitability as CEO and chairman Stephen Marks notes discussions regarding a potential sale of the business are "ongoing" with several interested parties. 

Tags: return sale profit ongoing


French Connection sales fall as it makes small profit

2019-03-12 10:06:27| BBC News | Business | UK Edition

The fashion chain says it is still in talks with potential buyers about the sale of the business.

Tags: small sales makes fall


Goals Soccer Centres warns on profit after 'accounting errors'

2019-03-08 08:44:22| BBC News | Business | UK Edition

Goals Soccer Centres says it has uncovered "accounting errors" and will delay the release of its results.

Tags: errors accounting profit goals


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