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UK clothing sales growth continues in July

2015-08-20 16:34:00| Daily apparel & textile news and comment - from just-style.com

Sales at UK clothing retailers continued on their upward trajectory in July, helping total retail sales increase for the 28th consecutive month year-on-year.

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Kimberly-Clark CEO continues to foresee strong growth in China

2015-07-23 22:01:07| Paper - Topix.net

The rapid rise and recent fall of China's stock markets has caused plenty of concern about the potential impact on that country's fast-growing economy. "Of all the places in the world I worry about right now, China is not very high on the list," Falk said in an interview Thursday.

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Tele2 revenue growth continues in Q2, EBITDA turns lower

2015-07-21 08:42:00| Telecompaper Headlines

(Telecompaper) Tele2 reported continued revenue growth in the second quarter on its expansion in the mobile market, while profits fell due to the costs of launching its own network in the Netherlands and restructuring. Total revenues rose 4 percent to SEK 6.611 billion, led by a 7 percent rise in mobile service revenues to SEK 3.324 billion. EBITDA fell to SEK 1.393 billion from SEK 1.470 billion a year ago, and the margin dropped to 21 percent from 23. In addition to lower profits from fixed services, EBITDA was hurt by losses in the Netherlands mobile business for the roll-out of its own network there and SEK 71 million in charges for the earlier announced 'Challenger' programme to reduce costs. Net profit dropped to SEK 309 million from SEK 802 million a year ago, when the company had a positive one-off of SEK 363 million from the valuation of a put option in Kazakhstan. Capital expenditure jumped to SEK 1.134 billion from SEK 850 million in the year-earlier period, amid increased investments in mobile networks in the Netherlands, Sweden and Kazakhstan. Free cash flow was a negative SEK 268 million, little changed from a year ago. Tele2 maintained its outlook for mid single-digit growth in mobile service revenue this year and total revenues of SEK 25.5-26.5 billion. EBITDA is expected to reach SEK 5.8-6.0 billion in 2015, and capital expenditure will total SEK 3.8-4.0 billion. Restructuring costs for the Challenger programme are expected at around SEK 200 million.

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Free on Demand VOD continues growth in U.S.

2015-06-15 13:30:45| Digital TV News

Rentrak (NASDAQ: RENT) has announced the release of its 'State of VOD: Trend Report'. The report shows that the total time spent viewing Free on Demand (FOD) TV content in the U.S. Broadcast Primetime category has increased 22 percent compared to the previous year.

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ERIKS North America Continues Growth through Strategic Acquisitions

2015-04-24 12:31:08| Industrial Newsroom - All News for Today

Company Adds Action Industrial Group and Seals and Packings, Inc. to Portfolio PITTSBURGH  ERIKS North America, a leading industrial process solutions provider, recently added two new companies to its family of industry leaders. With the acquisitions of Action Industrial Group by ERIKS' Lewis-Goetz and Seals and...

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