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Juniper Networks misses Q1 guidance, sees better Q2 after orders up 10%

2020-04-29 09:34:00| Telecompaper Headlines

(Telecompaper) Juniper Networks reported first-quarter revenues of USD 998 million, unchanged year-on-year and down 17 percent from the fourth quarter. Sales came in below expectations due to disruptions to production from the Covid-19 crisis, the company said. Orders remained strong, up 10 percent year-on-year, leading to a forecast for sequential revenue growth in Q2.

Tags: up orders networks guidance

 

Esquel shutters some factories as orders fall

2020-04-28 17:10:00| Daily apparel & textile news and comment - from just-style.com

Hong Kong-based Esquel Group, one of the world's largest woven shirt suppliers, is shuttering four factories in China, Malaysia and Mauritius as it struggles with falling orders during the coronavirus pandemic. 

Tags: fall orders factories shutters

 
 

US Orders Chevron to Wind Down Venezuela Operations by Dec. 1

2020-04-22 15:45:17| OGI

The company has been in Venezuela for a century and was the only US major still operating there.

Tags: dec orders operations wind

 

Asda honours "vast majority" of George clothing orders

2020-04-21 19:11:00| Daily apparel & textile news and comment - from just-style.com

The Walmart-owned Asda supermarket chain says it will continue to honour commitments to suppliers of its George clothing range, even though it is reducing payments for finished products.

Tags: orders george clothing majority

 

Coronavirus: Asda cancels orders with suppliers

2020-04-19 12:39:19| BBC News | Business | UK Edition

Some suppliers are reportedly angry that the supermarket chain's clothing range is still on sale.

Tags: orders suppliers cancels asda

 

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