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John Lewis managing director to depart amid FY profit warning

2020-01-09 10:03:00| Daily apparel & textile news and comment - from just-style.com

Paula Nickolds is to step down as managing director of John Lewis & Partners amid a drop in sales during the key Christmas trading period and a warning that full-year profit at the Partnership will be "significantly" lower than last year. 

Tags: john director profit managing

 

Next raises profit guidance amid strong Christmas trading

2020-01-03 11:56:00| Daily apparel & textile news and comment - from just-style.com

British fashion and homewares retailer Next Plc has raised its full year profit guidance after full-price sales in the key Christmas trading period came in ahead of expectations.

Tags: strong christmas trading profit

 
 

Carlos Ghosn: Turkey 'arrests seven' amid probe of Nissan ex-boss's escape

2020-01-02 12:22:34| BBC News | Business | UK Edition

The ex-Nissan boss fled trial in Japan on a jet said to have landed in Istanbul en route to Lebanon.

Tags: turkey carlos escape nissan

 

ScotRail racks up 10m loss amid contract woes

2019-12-31 15:44:02| BBC News | Business | UK Edition

The company that runs Scotland's rail services reports losses of 10m after its contract is ended early.

Tags: loss contract 10m racks

 

Debt-Laden Merchants Face Reckoning Amid Retail Apocalypse

2019-12-24 14:48:00| National Real Estate Investor

Merchants could use a strong finish after last years holiday season, when retailers wound up with their worst sales drop for December since 2008, according to U.S. Census Bureau data analyzed by FTI.

Tags: face retail merchants amid

 

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