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Tag: tumbles
Lenzing Q1 profit tumbles 58.6%
2020-05-06 18:36:00| Daily apparel & textile news and comment - from just-style.com
Austrian cellulosic fibre producer Lenzing has reported a drop in both profit and revenue in the first quarter of 2020 as the firm continues to be plagued by lower selling prices for standard viscose amid the impact of Covid-19.
Tags: profit
tumbles
lenzing
profit tumbles
Exxon Mobil, Chevron Slam Brakes on Shale as Oil Demand Tumbles
2020-05-01 18:07:12| OGI
Both companies on May 1 outlined deep cuts in output and investments in the Permian shale basin.
Shoe Zone laments business rates burden as FY profit tumbles
2020-01-08 11:12:00| Daily apparel & textile news and comment - from just-style.com
Shares in Shoe Zone were down by more than 3% this morning (8 January) as full-year profit at the UK value footwear retailer was knocked by what CEO Anthony Smith called the "increasing financial burden" placed on High Street businesses.
Tags: business
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Softbank tumbles into loss amid WeWork woes
2019-11-06 10:32:49| BBC News | Business | UK Edition
The Japanese investment giant's boss admits he exercised poor judgement over the shared office firm.
Gap works to mitigate tariff threat as Q2 profit tumbles
2019-08-23 12:53:00| Daily apparel & textile news and comment - from just-style.com
US specialty apparel retailer Gap Inc has reported another fall in comparable sales for the second quarter with negative results across nearly all segments of the business - and says it continues to closely monitor tariff discussions with contingency plans in place ahead of the upcoming List 4 tariffs.
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