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Higher sales boost Inditex Q1 profit

2019-06-12 14:03:00| Daily apparel & textile news and comment - from just-style.com

Inditex, the owner of the Zara, Bershka and Pull & Bear brands, has posted a 10% jump in net profits for the first quarter of 2019, to EUR736m (US$833m), lifted by increased sales.

Tags: sales higher profit boost

Investors sell Ted Baker shares after profit warning

2019-06-11 14:08:46| BBC News | Business | UK Edition

Shares fall by more than a quarter after the firm says earnings will fall short of expectations.

Tags: sell profit warning shares

Ted Baker issues another profit warning

2019-06-11 12:22:00| Daily apparel & textile news and comment - from just-style.com

Shares in Ted Baker tumbled by more than 26% this morning (11 June) as the UK fashion and lifestyle brand warned "extremely difficult trading conditions" look likely to impact performance through the rest of the financial year.

Tags: issues profit warning ted

Axiata Group's Q1 profit doubles on one-off gains from M1 divestment

2019-05-29 09:31:00| Telecompaper Headlines

(Telecompaper) Axiata's cash balance grew to MYR 6.8 billion in the first quarter of 2019, up from MYR 5.1 billion in 2018, following the M1 divestment which resulted in an estimated MYR 1.65 billion cash gain. Axiata agreed to sell its stake in Singapore operator M1 in the buy-out offer from shareholder Keppel.

Tags: groups profit gains doubles