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US clothing retail sales rise at a slower rate in July
2020-08-14 16:21:00| Daily apparel & textile news and comment - from just-style.com
Sales at US clothing retailers continued to recover from the impact of the coronavirus pandemic in July, albeit growing more slowly than the month before.
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.
Facebook records strong engagement though slower growth in Q1
2020-04-30 09:45:00| Telecompaper Headlines
(Telecompaper) Facebook reported more engagement on its social network as people were confined to their homes during the coronavirus pandemic. This resulted in strong growth metrics but the company cautioned that some of this engagement should lessen in the future as in-place restrictions ease. Revenues went up in the quarter but growth was affected by less demand for advertising, plus a related decline in the pricing of ads. The company will therefore give no specific guidance for the second quarter, just a "snapshot" of how it is faring so far.
Tags: records
strong
growth
engagement
Telenor forecasts slower growth ahead after solid Q1 results
2020-04-28 08:47:00| Telecompaper Headlines
(Telecompaper) Telenor reported higher first-quarter results, supported by its takeover of DNA in Finland and organic growth. However, the Covid-19 pandemic started to weigh on the company's results late in the quarter, and the operator now expects slower growth in full-year results than its forecast issued in January. In particular, roaming revenues and Asian prepaid markets have come under pressure, and this is expected to continue into Q2.
Tags: results
growth
solid
ahead
China factory activity sees slower pace in December
2020-01-03 12:52:00| Daily apparel & textile news and comment - from just-style.com
Factory activity in China continued to rise modestly in December - but the rate of new order growth eased to a three-month low, and export sales rose only slightly, pointing to cooling overseas demand.
Tags: december
china
activity
factory
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