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How TexOps is restructuring to hedge Central America 'renaissance'

2018-10-12 16:35:00| Daily apparel & textile news and comment - from just-style.com

"The supply chain is getting whipsawed," is how David Ha, owner of Salvadoran sportswear maquila TexOps, describes the state of the current global sourcing market in this exclusive interview with just-style.

Tags: central america renaissance restructuring

 

Spark grows FY revenues 1%, profits fall on restructuring costs

2018-08-22 09:38:00| Telecompaper Headlines

(Telecompaper) New Zealand operator Spark reported revenues for its fiscal year to June up 1.0 percent to NZD 3.649 billion, in line with its outlook. Growth in mobile and cloud and security services offset slightly the drop in legacy voice and data services. Restructuring costs led to a fall in EBITDA of 2.7 percent NZD 989 million, and net profit was down 7.8 percent to NZD 385 million, hurt also be the fall in Southern Cross dividends. 

Tags: fall costs profits revenues

 
 

Oversupply of large TFT LCD panels to prompt restructuring of older fabs

2018-07-19 06:30:04| Digital TV News

TFT LCD panel makers are expected to reduce production of comparatively smaller sized 32-, 40- and 43-inch panels, helping to stabilize panel prices in the third quarter of 2018, according to IHS Markit (Nasdaq: INFO).

Tags: large older lcd tft

 

Former Mothercare CEO returns under restructuring

2018-05-17 12:31:00| Daily apparel & textile news and comment - from just-style.com

Mothercare is to close 50 stores and bring back former CEO Mark Newton-Jones under a new rescue plan aimed at securing the financial footing of the ailing mother, baby and children's goods retailer.

Tags: returns ceo restructuring mothercare

 

Carpetright to close quarter of stores in restructuring plan

2018-04-12 09:47:37| BBC News | Business | UK Edition

The floor coverings retailer is the latest High Street chain to restructure amid tough conditions.

Tags: plan close stores quarter

 

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