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Tapestry profits improve on China, e-commerce growth

2020-10-29 13:49:00| Daily apparel & textile news and comment - from just-style.com

Tapestry Inc., the owner of brands including Coach and Kate Spade, saw profits jump in the first quarter of the year despite a sales decline of 14% year-on-year, boosted by strong e-commerce growth and higher sales in China.

Tags: china improve growth profits

 

Telefonica Germany grows Q3 revenue and profits slightly, mobile postpaid base up 5%

2020-10-28 10:07:00| Telecompaper Headlines

(Telecompaper) Telefonica Germany saw its revenues increase by 0.4 percent year-on-year in Q3 2020 to EUR 1.87 billion thanks to high customer interest, especially in mobile tariffs of the core brand O2 and fixed-network offers, and with sustained trends in mobile service revenue (MSR) and fixed revenue. Operating profit before depreciation and amortisation (OIBDA) rose OIBDA rose by 0.8 percent to EUR 595 million.

Tags: up mobile germany base

 
 

Test-and-trace: Higher profits expected by Serco

2020-10-16 14:30:59| BBC News | Business | UK Edition

News that Serco will see better than expected profits comes amid claims it is failing to reach enough people.

Tags: higher expected profits serco

 

Asos "well positioned" for peak trading after FY profits soar 329%

2020-10-14 12:06:00| Daily apparel & textile news and comment - from just-style.com

Asos says it has emerged from the financial year as a stronger, more resilient and agile business and is well positioned for the uncertain landscape ahead amid a GBP109m surge in profit and plans to launch a new own-label brand at a typically lower price point.

Tags: trading peak profits positioned

 

Asos takes Covid-19 in its stride as FY profits soar 329%

2020-10-14 12:06:00| Daily apparel & textile news and comment - from just-style.com

Asos says it has emerged from the financial year as a stronger, more resilient and agile business and is well positioned for the uncertain landscape ahead amid a GBP109m surge in profit and plans to launch a new own-label brand at a typically lower price point.

Tags: takes profits soar stride

 

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