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H&M renews online focus amid store sales slump
2018-02-15 10:51:00| Daily apparel & textile news and comment - from just-style.com
Swedish fast fashion retailer Hennes & Mauritz (H&M) saw its shares drop by nearly 6% yesterday (14 February) after revealing it expects comparable store sales to continue to slide this year, with a prediction of a 2019 rebound failing to reassure investors.
Tags: online
sales
store
focus
Oxfam direct debit donations fall amid abuse scandal
2018-02-14 12:47:43| BBC News | Business | UK Edition
Over three days more than a thousand people cancelled their regular donations to the charity.
Tags: direct
fall
abuse
donations
Telenet raises outlook amid 2.3% higher revenues in Q4
2018-02-13 09:27:00| Telecompaper Headlines
(Telecompaper) Belgian operator Telenet said revenues for the fourth quarter rose 2.3 percent from the year earlier to EUR 644 million. The adjusted EBITDA advanced 6.9 percent to EUR 299 million while the net profit went up to EUR 7.5 million, from breakeven. As a result, Telenet lifted its adjusted EBITDA CAGR for 2015-2018, saying it now sees growth at 6-7 percent instead of 5-7 percent. For the full year, the operator is guiding for adjusted EBITDA growth of 7.8 percent, and capex at 26 percent of revenue, with free cash flow of EUR 400-420 million.
Tags: higher
outlook
revenues
raises
Dr Pepper Snapple Group pulls FY 2017 presentation amid Keurig Green Mountain deal
2018-02-12 15:08:00| Daily beverage news and comment - from just-drinks.com
Dr Pepper Snapple Group has cancelled the conference call and slide presentation for its next set of results, as the company prepares to merge with Keurig Green Mountain.
Tags: group
green
deal
presentation
UK shares slip amid market volatility
2018-02-09 09:16:52| BBC News | Business | UK Edition
The FTSE 100 index opens lower after hefty falls on Asian and US stock markets.
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