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NENT to cut non-sports costs by another SEK 700 mln, scraps dividend and incentive plan, suspends Studios ops sale

2020-03-20 14:04:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment Group (NENT) has announced measures to cut non-sports costs by SEK 700 million, hitting its 2020 results, because of Covid-19. It has scrapped its proposal for a SEK 7.0 per share dividend for 2019 and its long-term executive incentive plan, both of which were due to go to vote at the AGM on 19 May. It will suspend the sale of the non-scripted production, branded entertainment and events business operations of NENT Studios.

Tags: plan sale costs cut

 

Alvanon launches new network of Fit Studios

2020-03-04 13:02:00| Daily apparel & textile news and comment - from just-style.com

Apparel size and fit specialist Alvanon has launched a new network of Fit Studios in Amsterdam, Hong Kong, London, New York and Shanghai to help designers, fashion brands and retailers achieve the best possible fit for their target demographic.

Tags: network fit studios launches

 

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