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US Q2 in brief - TJX Companies, Target Corp, Kohl's, Walmart
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. Kohl's had posted a 22.9% decline in net sales, while Iconix Brand Group saw sales slump by more than a third. Elsewhere, Target Corp saw total revenue grow by 24.7% in the quarter and reported its strongest comparable sales growth to date.
Tags: companies
target
corp
walmart
US Q2 in brief - L Brands, TJX Companies, Target Corp
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. L Brands has booked a US$49.6m net loss for the period, while Kohl's posted a 22.9% decline in net sales. Elsewhere, Target Corp saw total revenue grow by 24.7% in the quarter and reported its strongest comparable sales growth to date.
Tags: companies
target
brands
corp
US Q2 in brief - Ross Stores, L Brands, TJX Companies
2020-07-08 12:22:00| Daily apparel & textile news and comment - from just-style.com
In the latest second-quarter filings from US apparel and footwear brands and retailers, the impact of the global coronavirus pandemic and widespread store closures can be clearly seen. L Brands has booked a US$49.6m net loss for the period, while Kohl's posted a 22.9% decline in net sales. Elsewhere, Target Corp saw total revenue grow by 24.7% in the quarter and reported its strongest comparable sales growth to date.
Tags: companies
stores
brands
ross
Private Minerals Companies: Solid (Relatively) as the Rock
2020-07-07 18:00:00| OGI
A brutal downcycle hurts all, but dont mistake mineral portfolios with struggling E&Ps. The nature of their part of the business means less risk but greater stability in times like these.
Tags: the
private
rock
companies
Zain KSA, Mobily plan to offer both companies' towers to investors
2020-07-06 10:24:00| Telecompaper Headlines
(Telecompaper) Zain KSA has signed a Memorandum of Understanding (MoU) with Mobily to form a committee to draw up a request for proposal (RFP) to buy their telecoms towers, merge them into one company with other investors, or operate them on their behalf. The MoU aims to raise participation in telecom towers to maximise efficiency and improve the communication and information technology system under the supervision of the Communications and Information Technology Commission (CITC).
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