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Retailer Gap posts near-$1bn loss due to coronavirus
2020-06-05 04:24:42| BBC News | Business | UK Edition
Stores around the world have been forced to shut their doors due to the virus pandemic.
Deckers posts record FY sales despite Q4 slip
2020-05-26 14:48:00| Daily apparel & textile news and comment - from just-style.com
US footwear group Deckers Brands has reported record sales for the 2020 full fiscal year driven by a 58% surge in revenue at its Hoka One One brand but expects fiscal year 2021 results to be impacted depending on the duration and severity of the Covid-19 pandemic.
Iliad posts 7% revenue growth in Q1 on slower equipment sales, service revenue up 10%
2020-05-12 10:29:00| Telecompaper Headlines
(Telecompaper) Iliad generated group revenues of EUR 1.38 billion in the three months to March, up 6.9 percent year-on-year (+11.0% in Q4). The quarter was impacted by a sharp decline in equipment sales, down 38.6 percent to EUR 45 million, partly reflecting an unfavourable comparison effect with Q1 2019, when the commercialisation of the premium Freebox Delta STB gained momentum in France. Group service revenues rose 9.6 percent to reach EUR 1.34 billion, helped by ongoing mobile ARPU growth in France and customer gains in Italy.
Hess Posts Quarterly Loss, Deepens Spending Cuts on Virus-fueled Oil Rout
2020-05-07 15:11:17| OGI
U.S. crude collapsed this year, and remains down about 60% from January despite a recent rally.
Apache Posts Quarterly Loss as Value of Oil Assets Drops
2020-05-07 11:20:00| OGI
Apache Corp. has evaluated its wells and is taking a "targeted approach" to shut-ins and curtailing output, CEO John Christmann said.
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