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Nike in Q3 loss amid Tax Act, acquires Zodiac

2018-03-23 12:41:00| Daily apparel & textile news and comment - from just-style.com

Shares in Nike Inc slipped this morning (23 March) after a 4.47% hike in after-hours trading as the US sporting goods giant booked a loss in its third-quarter and announced the acquisition of a leading consumer data analytics firm as part of its Consumer Direct Offense strategy.

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Hurricanes push Lloyd's of London to 2bn loss

2018-03-21 09:30:32| BBC News | Business | UK Edition

The insurance group blamed hurricanes Harvey, Irma and Maria for a surge in claims.

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Cathay Pacific in its first back-to-back loss in 71 years

2018-03-14 07:05:52| BBC News | Business | UK Edition

The airline is facing tough competition from low-cost Chinese carriers and was hurt by higher fuel prices.

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French Connection close to turnaround, narrows FY loss

2018-03-13 12:33:00| Daily apparel & textile news and comment - from just-style.com

French Connection Group has revealed it received an unsolicited takeover approach from a third party in the US last year as the British fashion retailer said it is "very close" to returning to profitability.

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Cafe Rouge owner reports 60m loss as restaurants struggle

2018-03-12 13:19:28| BBC News | Business | UK Edition

One of the UK's largest restaurant groups has a bad year amid an ongoing downturn in the dining sector.

Tags: reports loss owner restaurants

 

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