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Spotify meets outlook for subscriber growth, warns for margin pressure

2018-11-01 13:32:00| Telecompaper Headlines

(Telecompaper) Spotify reported third-quarter results in line with its guidance, adding another 11 million users for a total 191 million at the end of September. Paid subscribers rose by 4 million in the quarter and were up by 40 percent year-on-year to 87 million, putting the company on track to meet its target for at least 30 percent growth in the full year. However, Spotify slightly trimmed its forecast for Q4 and said it expects pressure on margins in 2019 from increased investment. 

Tags: growth pressure meets outlook

 

Buyer pressure on cost weighs on garment suppliers

2018-10-31 15:01:00| Daily apparel & textile news and comment - from just-style.com

More details have emerged on the disconnect between the purchasing practices of apparel brands and retailers and the ramifications for suppliers - with relentless pressure to reduce costs blamed for raising the risk of disruption, and environmental and human catastrophe.

Tags: cost pressure buyer suppliers

 
 

PepsiCo makes plastics pledge as waste pressure mounts

2018-10-26 16:44:00| Daily beverage news and comment - from just-drinks.com

PepsiCo has pledged to use 25% recycled content in its plastic packaging by 2025, following a similar promise by The Coca-Cola Co.

Tags: makes pressure waste plastics

 

US pork export value still under pressure

2018-10-19 02:00:00| ThePigSite - Industry News

August pork exports were fairly steady with last year’s volume, but retaliatory duties in key markets continued to pressure pork export value

Tags: pressure export pork export pork

 

Firms defy pressure over Saudi conference

2018-10-18 01:18:51| BBC News | Business | UK Edition

Company executives still plan to attend the Riyadh business event despite concerns over missing journalist.

Tags: conference pressure firms saudi

 

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