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Tough November sees Asos slash FY profit outlook

2018-12-17 15:52:00| Daily apparel & textile news and comment - from just-style.com

Shares in Asos remained down by more than 38% this afternoon (17 December) as the UK-based online fashion retailer warned a slowdown in November has meant it will no longer meet its FY2018/19 revenue growth target of 20%-25%.

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AT&T to slash $20 billion of debt in 2019

2018-12-03 01:00:00| Total Telecom industry news

US telecoms giant AT&T has committed to cutting between $18 billion and $20 billion of debt from its balance sheet in 2019, through a series of strategic asset sales. AT&T said it would look to divest a number of non…read more on TotalTele.com »

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GM to slash jobs and close eight plants

2018-11-26 17:14:38| BBC News | Business | UK Edition

The carmaker plans to halt production at eight factories globally by the end of 2019.

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Fast Retailing to slash water use in jeans washing

2018-11-01 12:55:00| Daily apparel & textile news and comment - from just-style.com

Uniqlo-owner Fast Retailing has said all the jeans it produces by 2020 will be made using a washing process that cuts water use by 99%.

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China to slash costs for foreign traders

2018-09-27 12:48:00| Daily apparel & textile news and comment - from just-style.com

China has declared it will cut costs for foreign companies that want to trade with it, in the wake of the country's escalating trade spat with the US.

Tags: china costs foreign traders

 

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