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Perry Ellis to shutter 15 stores amid lower Q2 sales

2016-08-19 15:09:00| Daily apparel & textile news and comment - from just-style.com

US apparel business Perry Ellis International is to close 15 underperforming retail locations over the next 18 months as it revealed lower sales and a higher net loss in its second-quarter.

Tags: sales lower stores perry

 

Ola integrates TaxiForSure amid reported lay-offs

2016-08-18 08:23:36| BBC News | Business | UK Edition

Indian biggest ride-hailing company Ola is said to have laid off up to 1,000 workers after shutting down a taxi operator it acquired last year.

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Cathay Pacific profits plunge amid fierce competition

2016-08-17 08:37:43| BBC News | Business | UK Edition

Hong Kong-based carrier Cathay Pacific reports an 82% drop in half-year profits in the wake of fierce industry competition and the economic slowdown in China.

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Gap adds Hasbro CEO to board amid turnaround efforts

2016-08-12 12:25:00| Daily apparel & textile news and comment - from just-style.com

US apparel giant Gap Inc has recruited the chief executive officer of toy maker Hasbro, Brian Goldner, to serve on its board of directors as the retailer tries to reverse a slump in sales.

Tags: board efforts ceo gap

 

Chancellor at UC Davis resigns amid allegations of misconduct

2016-08-10 21:43:00| American School & University

Linda Katehi, who has been on leave since April, resigned after the university released a report that she violated numerous university policies. read more

Tags: davis amid allegations chancellor

 

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