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Tag: restructuring
Hudson's Bay restructuring effort "proceeding as expected"
2017-09-06 12:10:00| Daily apparel & textile news and comment - from just-style.com
Canadian retailer Hudson's Bay Company (HBC) says it is optimistic about the remainder of the year, despite widening its net losses in the second quarter, as its restructuring efforts, designed to generate more than CAD350m (US$282.6m) in savings, is "proceeding as expected".
Tags: expected
effort
bay
proceeding
Tom Tailor returns to profit in Q2 as restructuring continues
2017-08-10 12:13:00| Daily apparel & textile news and comment - from just-style.com
Tom Tailor saw its share price climb nearly 15% in morning trading as the German fashion group revealed a return to a profit in its second-quarter thanks to "considerable progress" with its ongoing realignment strategy focusing on cost and process optimisation.
Tags: returns
tom
profit
continues
Avaya agrees debt restructuring deal, COO to take over as CEO
2017-08-07 12:35:00| Telecompaper Headlines
(Telecompaper) Avaya has reached agreement with a majority of debtholders on a new restructuring plan to help the company emerge from chapter 11 bankruptcy protection in the US. The company also announced the promotion of COO Jim Chirico as CEO, replacing Kevin Kennedy.
Under Armour to close stores and cut jobs amid restructuring
2017-07-31 18:11:00| Daily apparel & textile news and comment - from just-style.com
Athletic wear maker Under Armour is to close stores and cut jobs as part of new plans to build a stronger and smarter company with faster go-to-market speed and greater digital capabilities.
Tags: jobs
stores
cut
restructuring
Dalian Wanda $9.3bn deal in 'crazy' restructuring
2017-07-20 09:01:02| BBC News | Business | UK Edition
Dalian Wanda has changed the terms of a $9.3bn asset sale announced last week, surprising analysts.
Tags: deal
crazy
restructuring
wanda
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