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Tag: sales
Weather weighs on H&M sales growth in April
2016-05-16 14:09:00| Daily apparel & textile news and comment - from just-style.com
Swedish fashion giant H&M has posted another monthly sales increase in Aoril, although growth was affected by cooler weather.
Tags: april
sales
growth
weather
US clothing retail sales rebound in April
2016-05-16 13:55:00| Daily apparel & textile news and comment - from just-style.com
Following on from a generally dismal first quarter for many US department stores and specialty apparel chains, cautiously upbeat reports last week suggested retail sales rebounded in April.
Tags: april
sales
clothing
retail
Telecom Italia sales down 12%, triples cost-cutting target
2016-05-16 08:19:00| Telecompaper Headlines
(Telecompaper) Telecom Italia reported a 12.1 percent year-on-year fall in first-quarter revenues to EUR 5.05 billion in organic terms, hurt by the continuing effects of the macroeconomic situation in Brazil and one-off charges. Domestic revenues came in at EUR 3.54 billion on an organic basis, down 2.3 percent year-on-year but identical to the previous quarterly decline, while sales at its Brazil unit TIM Brasil plunged 15.3 percent on an organic basis to EUR 897 million, impacted by the ongoing recession and provisions for customers' unpaid accounts. Group EBITDA fell 15.8 percent to EUR 1.71 billion, with the EBITDA margin dropping to 36.8 percent compared to 40.2 percent in the year-earlier quarter. In the accompanying statement, the company's new CEO Flavio Cattaneo said he was determined to improve profitability at Telecom Italia, announcing that the target for cost-cutting measures would be tripled to EUR 1.6 billion by 2018, including EUR 800 million in operating costs and EUR 800 million in capital spending.
Tags: sales
target
italia
telecom
US retail sales rise is biggest in year
2016-05-13 17:07:10| BBC News | Business | UK Edition
US retail sales see their biggest rise for more than a year in April, largely because of a surge in car sales.
US shares unmoved by good retail sales
2016-05-13 16:47:26| BBC News | Business | UK Edition
US shares open mixed-to-lower despite a positive set of official retail sales figures.
Tags: good
sales
retail
shares
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