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Egypt apparel sector underperforming but ambitious

2016-03-08 17:04:00| Daily apparel & textile news and comment - from just-style.com

With advantages that include the best cotton in the world, thousands of textile and garment factories, low labour costs and duty-free access to key markets in the US, European Union (EU), the Middle-East and Africa, Egypt should have formidable potential. But at the same time it's facing a mountain of problems, including low labour productivity, lack of investments in ginning, spinning and weaving, difficult access to finance, and poor infrastructure.

Tags: apparel sector egypt ambitious

 

Diageo under-performing US spirits growth - North America president

2015-11-11 20:58:00| Daily beverage news and comment - from just-drinks.com

The new head of Diageo's operations in North America has admitted that the company has failed to keep pace with spirits growth in its flagship US market, and has called for a change in its marketing approach in the country.

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Underperforming EU Pork Processors Urged to Make ‘Strategic Decisions’

2015-10-16 02:00:00| ThePigSite - Industry News

EU - In a recent press release, Rabobank warned underperforming EU pork producers that they could find themselves out of business by 2025 if they don’t start making good “strategic decisions.” The report, The EU Pork Industry: Competitive Power is Key, says that the EU pork industry is unlikely to see opportunities for margin improvement in the coming years, writes Melanie Epp for ThePigSite.

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Is The Market Misreading Underperforming United Technologies?

2015-09-20 12:53:17| Industrial Machines - Topix.net

Every segment has come under pressure, with the exception of Controls and Security which has been the sole bright spot. The industrial and technology products company United Technologies has been eyeing a turnaround ever since the new CEO Greg Hayes took the job in last November following the abrupt departure of his predecessor.

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American Apparel to close underperforming stores, lay off workers

2015-07-07 06:59:14| Apparel - Topix.net

Struggling Los Angeles clothier American Apparel Inc. is laying off workers and closing some stores as part of an ongoing effort to turn around its tumultuous business. The Los Angeles clothing maker would not disclose the number of stores or jobs that will be cut.

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