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China slowdown weighs on Burberry H1 sales

2015-10-15 12:48:00| Daily apparel & textile news and comment - from just-style.com

China's slowdown has pushed Burberry to a "disappointing" first-half sales performance, with the luxury powerhouse now forecasting a fall in full-year profit - sending its share price down 12.6%.

Tags: sales china burberry weighs

Housing market slowdown expected in region, realtors group says

2015-10-12 20:26:28| Real Estate - Topix.net

Scarce inventory, new rules for mortgage closings and affordability concerns will likely slow home sales around Western Washington during the remaining months of 2015 and into early 2016, according to spokespersons from Northwest Multiple Listing Service. The latest statistics from the MLS show a double-digit drop in inventory, a double-digit jump in closed sales, and a near double-digit increase in prices from a year ago.

Tags: group region market expected

Freight Slowdown Will Drive More Mergers & Acquisitions

2015-10-08 21:08:26| Air Courier - Topix.net

Trucking companies are bracing for a slowdown in their business, with many looking to mergers and acquisitions for growth instead, according to reports this week in The Wall Street Journal. Private trucking and logistics executives do not expect large contractual rate increases, and demand in the spot market has been soft this month, according a quarterly private trucking conference call hosted by analysts at Cowen and Co.

Tags: drive acquisitions freight mergers

No impact from China slowdown

2015-09-29 06:41:31| Apparel - Topix.net

Tadashi Yanai, chairman of Fast Retailing Co, gestures as he speaks during an interview in Shanghai on Saturday.a < Tokyo: The Walt Disney Co's new park in Shanghai would help the Uniqlo casual wear brand expand in China, Fast Retailing Co chairman Tadashi Yanai said on Saturday, shrugging off concerns over an economic slowdown in the Japanese retailer's largest overseas market. "The opening of the Shanghai Disneyland gives both of us, Uniqlo and Disney, a business opportunity," Japan's richest person Yanai told reporters in Shanghai, where Uniqlo on Sunday opened a new Disney-inspired concept store.

Tags: china impact slowdown