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Adidas China sales tumble 85% due to coronavirus

2020-02-20 14:50:00| Daily apparel & textile news and comment - from just-style.com

Sportswear firm Adidas says its sales in Greater China have slumped 85% since Chinese New Year amid the coronavirus outbreak, with a significant number of stores closed and a reduction in footfall at its locations that do remain open.

Tags: due sales china adidas

 

Marathon Oil Profit Misses Estimates As Prices Tumble

2020-02-13 14:35:43| OGI

Marathon Oil's quarterly results mirrored weaker earnings across the sector, as prices of global crude fell in the quarter on oversupply and demand concerns.

Tags: prices oil profit estimates

 
 

Shares Of US LNG Firms Cheniere, Tellurian Tumble As China Demand Slumps

2020-02-07 00:00:00| OGI

Shares of U.S. LNG companies tumbled on Feb. 6 as China's biggest importer of the fuel suspended some purchases amid weaker demand and a global glut.

Tags: china demand shares firms

 

Tumble in UK car output 'a grave concern', says trade body

2020-01-30 02:03:38| BBC News | Business | UK Edition

A 14% fall in output last year underlines the urgency of an EU trade deal, says the industry's trade body.

Tags: body car trade output

 

Hong Kong stock market takes a tumble on reopen

2020-01-29 07:46:07| BBC News | Business | UK Edition

Coronavirus fears see the Hang Seng Index drop 3% after re-opening following the Chinese New Year break

Tags: market stock takes hong

 

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