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M&S announces further store closures amid FY profit tumble

2019-05-22 12:49:00| Daily apparel & textile news and comment - from just-style.com

Clothing, homewares and food retailer M&S has revealed plans to shutter a further 85 full-line stores amid a 9.9% drop in full-year profit.

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Vodacom Group FY revenue rises 4.3% to ZAR 90.1 bln, customers up 5.8%, net profit dips

2019-05-13 09:52:00| Telecompaper Headlines

(Telecompaper) Vodacom Group said its revenue increased by 4.3 percent to ZAR 90.1 billion in the year ended 31 March. It ended the fiscal year with 110 million customers, up by 5.8 percent. Operating profit rose 1.1 percent to ZAR 24.51 billion, or 7.4 percent excluding a one-off, non-cash IFRS 2 charge of ZAR 1.4 billion and transaction costs of ZAR 124 million relating to the BEE deal. Net profit decreased slightly to ZAR 15.44 billion from ZAR 15.56 billion in 2018.

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Enbridge Profit Beats On Higher Pipeline Volumes

2019-05-10 14:30:44| OGI

Enbridge reported it transported 1 million barrels per day of crude oil more on its key Mainline system across Canada and the U.S. during the first quarter than the year-ago quarter.

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Superdry warns on FY profit amid wholesale woes

2019-05-09 12:43:00| Daily apparel & textile news and comment - from just-style.com

UK clothing retailer Superdry has warned it expects full-year underlying profit before tax to come in below market expectations following a "poor" wholesale and e-commerce performance in the fourth quarter. 

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Superdry issues profit warning

2019-05-09 08:49:22| BBC News | Business | UK Edition

Fashion chain says weak wholesale and online performance mean profits will be "below market expectations".

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