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US Q2 in brief - L Brands, TJX Companies, Target Corp

2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com

In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. L Brands has booked a US$49.6m net loss for the period, while Kohl's posted a 22.9% decline in net sales. Elsewhere, Target Corp saw total revenue grow by 24.7% in the quarter and reported its strongest comparable sales growth to date. 

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NENT changes reporting structure from Q2 after Viasat Consumer spin-off, lifts Viaplay intake target

2020-06-26 09:42:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment Group (NENT) has announced changes to its financial reporting structure from the second quarter and has raised its Viaplay subscriber intake target for 2020 to 600,000.  It will report four net sales categories, namely Viaplay, Other Subscription, Advertising, Studios & Other. NENT added that all the remaining rights costs for the restarted football league seasons will be expensed in the second quarter.

Tags: structure target consumer reporting

 
 

Ford sets target to become carbon-neutral globally by 2050

2020-06-25 09:55:52| Green Car Congress

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PepsiCo on Target with Recycling Goals

2020-06-23 09:00:00| Waste Age

PepsiCo recently released its 2019 Sustainability Report, highlighting progress toward its sustainability goals and reaffirming the company's agenda to help build a more sustainable food system. The company tracks its sustainability efforts a

Tags: target goals recycling pepsico

 

Telefonica brings forward zero-emissions target to 2030, launches Eco Smart seal

2020-06-05 13:50:00| Telecompaper Headlines

(Telecompaper) Telefonica has marked the UN's World Environment Day by announcing that it's now aiming to reach a target of zero net emissions across its four main markets (Spain, Brazil, the UK and Germany) by 2030, rather than the initially planned 2050. In a statement and accompanying video, the company's COO Angel Vila said Telefonica decided to revise its target after achieving a 50 percent reduction in global CO2 emissions in 2019, meeting its 2025 target some 6 years ahead of schedule.

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