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H&M to accelerate online as Q2 profit evaporates

2020-06-26 11:48:00| Daily apparel & textile news and comment - from just-style.com

Fashion retailer H&M Group is to accelerate the integration of its physical store and online channels after seeing second-quarter sales halved and profit wiped out by Covid-19 lockdowns and store closures.

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Lululemon Q1 profit plummets 70% as sales slump

2020-06-12 12:13:00| Daily apparel & textile news and comment - from just-style.com

Canadian activewear brand Lululemon Athletica has reported a 70% drop in first-quarter profit as sales slumped amid the temporary closures of stores worldwide following the outbreak of coronavirus.

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Can Zoom turn popularity into profit?

2020-06-02 08:24:40| BBC News | Business | UK Edition

The video conference company may have become ubiquitous during lockdowns but that has brought new challenges.

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Singtel's FY net profit plunges 65% on charges for regulatory costs at Indian unit Airtel

2020-05-28 13:44:00| Telecompaper Headlines

(Telecompaper) Net profit fell 65 percent to SGD 1.08 billion due to Airtel's exceptional charges for regulatory costs, including the adjusted gross revenue matter and a one-time spectrum charge. Singtel took a net exceptional charge of SGD 302 million this quarter, mainly arising from Airtel's provision for the spectrum charge. 

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Profit opportunity: Hundreds of dollars per load

2020-05-27 21:51:00| National Hog Farmer

Making sure the right hogs get on the truck can pay big dividends.

Tags: opportunity dollars profit load

 

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