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Deckers narrows Q1 net loss as sales edge up
2020-07-31 12:39:00| Daily apparel & textile news and comment - from just-style.com
Ugg brand owner Deckers Brands has reported a rise in sales and narrowed its net loss for the first quarter but warned of possible supply chain disruptions in the future.
Nike backs new net zero initiative
2020-07-27 13:48:00| Daily apparel & textile news and comment - from just-style.com
Sporting goods giant Nike Inc is among the nine founding members of a new cross-sector initiative designed to accelerate the transition to a net zero global economy by developing and delivering research, guidance, and implementable roadmaps.
Tags: net
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Nike backs new net zero global initiative
2020-07-27 13:48:00| Daily apparel & textile news and comment - from just-style.com
Sporting goods giant Nike Inc is among the nine founding members of a new cross-sector initiative designed to accelerate the transition to a net zero global economy by developing and delivering research, guidance, and implementable roadmaps.
Tags: net
global
initiative
nike
Microsoft growth continues with Q4 sales up 13%, net profit falls on store closure costs
2020-07-23 08:50:00| Telecompaper Headlines
(Telecompaper) Microsoft reported another quarter of double-digit revenue growth, led by demand for its cloud services. Revenues rose 13 percent year-on-year to USD 38.0 billion in its fiscal fourth quarter to June, and operating profit was up 8 percent to USD 13.4 billion. Net profit fell 15 percent to USD 11.2 billion or USD 1.46 per share, due to a one-time charge of USD 450 million to shut down its shops and a large tax benefit in the year-earlier period.
Omantel Group H1 net profit drops 21%
2020-07-21 09:46:00| Telecompaper Headlines
(Telecompaper) Omantel Group said net profit decreased by 20.5 percent to OMR 100.5 million in the first six months to 30 June from OMR 126.5 million in H1 2019. This decline was mainly driven by a 27 per cent year-on-year (YoY) drop in group net profit for the second quarter of 2020 because of the effects of Covid-19, predominantly on the core mobile business. First-half group consolidated revenues slipped to OMR 1.24 billion from OMR 1.26 billion in 2019.
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