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New Look returns to FY profit but sales slide

2019-06-25 12:03:00| Daily apparel & textile news and comment - from just-style.com

The turnaround strategy at New Look appears to be paying off after the UK fashion retailer returned to underlying profitability in its last full year, yet the company admits there is still more work to do. 

Tags: sales returns profit slide

 

Is profit a bad thing? The business case for sustainability

2019-06-21 12:46:00| Daily apparel & textile news and comment - from just-style.com

With many companies still struggling to find a way forward on sustainability, Jackie Lewis, senior consultant at apparel size and fit specialist Alvanon, suggests there needs to be a hook from a business point of view to motivate change. Here she sets out five steps she sees as key.

Tags: business case bad thing

 
 

How can a company be valued at billions, but not make any profit?

2019-06-20 07:37:06| BBC News | Business | UK Edition

You can't have a company worth billions of dollars and not make a profit, right? Wrong, and here's why.

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Worth billions but making no profit?

2019-06-20 01:14:54| BBC News | Business | UK Edition

You can't have a company worth billions of dollars and not make a profit, right? Wrong, and here's why.

Tags: making worth profit billions

 

Lululemon books double-digit Q1 sales and profit hike

2019-06-13 11:48:00| Daily apparel & textile news and comment - from just-style.com

Canadian yogawear retailer Lululemon Athletica has reported double-digit hikes in both earnings and revenue in the first quarter, with CEO Calvin McDonald noting "strong momentum" across the entire business. 

Tags: books sales profit hike

 

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