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ZTE swings to profit after a tumultuous 2018/19

2019-08-27 02:00:00| Total Telecom industry news

Chinese network equipment provider, ZTE, has posted an $85 million profit in the second quarter of the 2019/20 financial year. Last year, ZTE was handed a gargantuan fine by and was ordered to restructure its board…read more on TotalTele.com »

Tags: profit swings zte tumultuous

 

Laura Ashley swings to FY loss

2019-08-23 16:33:00| Daily apparel & textile news and comment - from just-style.com

UK fashion and homewares retailer Laura Ashley says it continues to invest in its website after blaming a re-platforming exercise as one of the reasons behind a year-on-year drop in profit.

Tags: loss swings

 
 

Li & Fung swings to H1 profit but turnover falls

2019-08-22 14:03:00| Daily apparel & textile news and comment - from just-style.com

Sourcing giant Li & Fung moved to a profit in the first half of fiscal 2019 although customer bankruptcies continued to weigh on turnover.

Tags: falls profit turnover swings

 

Superdry swings to GBP85.4m FY loss amid upheaval

2019-07-10 11:40:00| Daily apparel & textile news and comment - from just-style.com

Shares in UK clothing retailer Superdry were down by almost 4% this morning (10 July) as the company moved to a full-year loss and interim-CEO Julian Dunkerton warned the issues in the business will not be resolved overnight.

Tags: loss amid swings upheaval

 

Bonmarche swings in favour of EWM owner takeover

2019-06-27 18:12:00| Daily apparel & textile news and comment - from just-style.com

The board of struggling women's value clothing retailer Bonmarche Holdings Plc has swung in favour of an offer for the business from the owner of Edinburgh Woollen Mill, amid poor trading during the first quarter.

Tags: owner favour takeover swings

 

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