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American Apparel focused on reversing losses

2015-03-26 11:12:00| Daily apparel & textile news and comment - from just-style.com

American Apparel said it remains focused on putting the right processes in place to grow the brand after widening its losses in the fourth quarter and revealing falling sales.

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Sumitomo Turns to Stress Tests, Outside Advice to Avoid Losses

2015-03-25 21:29:38| Grocery - Topix.net

Sumitomo Corp. will put its commodity assets through stress tests and hire external consultants to avoid the kind of writedowns that are set to lead the Japanese trading house to its biggest annual loss since 1997. Sumitomo must improve the quality of its market research and worker experience, and add at least one more independent director to its board, Chief Executive Officer Kuniharu Nakamura said late Wednesday at a media briefing in Tokyo.

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Shipping losses in 2014 lowest for ten years, says AGCS

2015-03-25 01:00:00| Ship Technology

A total of 75 shipping loss incidents have been reported worldwide for last year, the lowest number in the last ten years, Allianz Global Corporate & Specialty (AGCS) has revealed.

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Lesotho risks major clothing job losses if AGOA lapses

2015-03-20 11:45:00| Daily apparel & textile news and comment - from just-style.com

An estimated one-third of Lesotho's textile and clothing production will be decimated if the African Growth and Opportunity Act (AGOA) is not renewed in September, a senior South African textile and clothing sector consultant has warned.

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Japanese shares lead Asian losses

2015-03-19 03:23:19| BBC News | Business | UK Edition

While most of Asia's markets rise on Thursday, Japanese shares buck the trend after the US Federal Reserve's comments send the dollar tumbling against the yen.

Tags: lead japanese asian shares

 

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