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Expansion provides FY profit boost for Ted Baker 

2016-03-17 15:52:00| Daily apparel & textile news and comment - from just-style.com

Lifestyle brand business Ted Baker has reported a double-digit increase in annual net profit, thanks to rising retail sales, international expansion efforts and e-commerce growth. 

Tags: profit expansion ted baker

 

China Unicom targets accelerated 4G push after reporting 2015 profit fell 12pc to HK$12.6b

2016-03-17 15:36:14| Wireless - Topix.net

China Unicom, the country's second-largest wireless network operator, is gearing up to push an aggressive turnaround plan after reporting a widely expected decline in earnings and subscribers last year. "The new [financial] year marks the beginning of the all-around implementation of our focus strategies," chairman and chief executive Wang Xiaochu said at a press conference on Wednesday.

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Oroton shares soar on profit growth

2016-03-17 15:28:28| Apparel - Topix.net

Oroton said higher prices, rising online sales and the revamping of its stores drove the significant rise in profit in the six months to January 23 to $3.8 million. The company has in recent years been marred by heavy discounting prices and a loss-making Brooks Brothers joint venture, which it exited in 2015.

Tags: growth profit shares soar

 

Li & Fung sees challenging year ahead as FY profit falls

2016-03-17 12:08:00| Daily apparel & textile news and comment - from just-style.com

Sourcing giant Li & Fung has warned of tough times still to come, after seeing its net profit fall in what it described as a "challenging" year.

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China Mobile revenue up, profit slightly declines in 2015

2016-03-17 11:03:00| Telecompaper Headlines

(Telecompaper) China Mobile reported operating revenue of CNY 668.3 billion for 2015, which represents an increase of 2.6 percent year-on-year. Revenue from telecommunications services totaled CNY 584.1 billion, down 1.3 percent compared to 2014. EBITDA was CNY 240 billion, down by 0.7 percent. Profit reached CNY 108.5 billion, down 0.6 percent.

Tags: china mobile slightly profit

 

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