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UPDATE 1-TNT Express cuts 6 pct of workforce in restructuring

2013-03-25 09:55:40| Trucking - Topix.net

Dutch express delivery firm TNT Express, which was the target of a failed $7 billion takeover by United Parcel Service, said it will cut 4,000 jobs, equivalent to 6 percent of the workforce, in a bid to improve profits.

Tags: update express cuts workforce

 

HONG KONG: Restructuring costs weigh on Li & Fung FY profit

2013-03-21 14:19:00| Daily apparel & textile news and comment - from just-style.com

Global sourcing giant Li & Fung Ltd has seen its full-year profit slump despite a slight rise in turnover, blaming ongoing restructuring costs and weakness in its distribution business.

Tags: costs hong kong hong kong

 
 

AUSTRALIA: Restructuring hits David Jones H1 profit

2013-03-20 15:26:00| Daily apparel & textile news and comment - from just-style.com

Department store operator David Jones posted lower net profit and revenue figures for the first half of fiscal 2013, thanks to strategic investments and challenging trading conditions.

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Vivendi restructuring in turmoil after GVT sale falls through

2013-03-15 01:00:00| Total Telecom industry news

French conglomerate fails to attract suitors with 7 billion price tag; focus shifts to Maroc Telecom sale.

Tags: through sale falls restructuring

 

In the money: Maidenform reveals restructuring plans

2013-03-07 17:24:00| Daily apparel & textile news and comment - from just-style.com

Intimate apparel maker Maidenform Brands has revealed plans to dispose of its unprofitable operations and reduce the number of products it offers as it works to build its namesake line.

Tags: money plans reveals restructuring

 

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