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H&M in leadership shake-up as FY profit rises

2020-01-30 12:36:00| Daily apparel & textile news and comment - from just-style.com

Increased full-price sales and decreased markdowns have contributed to a rise in both annual and fourth-quarter profit for Swedish apparel retailer H&M amid a leadership shakeup that sees Karl-Johan Persson step down as CEO as his father Stefan proposes he take over as chairman.

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Airtel Africa Q3 revenue rises 13%

2020-01-28 09:35:00| Telecompaper Headlines

(Telecompaper) Airtel Africa said revenue increased by 9.9 percent to USD 2.52 billion in the nine months to 31 December 2019 from USD 2.29 billion a year earlier, with third quarter revenue up 12.8 percent. In constant currency terms, revenue rose by 12.4 percent in the nine-month period and by 14.2 percent in Q3. This was the eighth consecutive quarter of double-digit constant currency growth.

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Brexit: Price rises warning after chancellor vows divergence from EU rules

2020-01-18 15:21:07| BBC News | Business | UK Edition

Food prices could rise after Sajid Javid said there will be no alignment with EU rules after Brexit, businesses say.

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