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Tullow To Book $1.5 Billion Writedown On Oil Price Outlook, Reserves

2020-01-15 15:10:30| OGI

The reduction in oil price assumptions brings Tullow more in line with peers expectations, CFO Les Wood said during a conference call.

Tags: price book oil billion

 

Chico's raises Q4 outlook as sales improve

2020-01-09 11:07:00| Daily apparel & textile news and comment - from just-style.com

US fashion company Chico's has raised its fiscal 2019 fourth-quarter outlook to take account of the impact of tariffs and charges related to the repositioning of its organisational structure, and improved sales.

Tags: sales improve outlook raises

 
 

Oilfield Services Firm NexTier Raises Earnings, Revenue Outlook

2020-01-08 14:45:42| OGI

NexTier Oilfield Solutions on Jan. 7 raised its fourth quarter earnings and revenue guidance, according to a presentation at a Miami energy conference.

Tags: services firm revenue outlook

 

Outlook 2020 - Apparel industry challenges and opportunities

2020-01-08 14:34:00| Daily apparel & textile news and comment - from just-style.com

Disruption and uncertainty remain the biggest challenges facing apparel brands and retailers and their global supply chains heading into the new decade. Unpredictable and fast-moving changes to tariffs and trade, pressure to make smarter and faster decisions, and demands for new levels of sustainability will all weigh on fashion businesses in 2020, according to feedback from a panel of executives consulted by just-style.

Tags: industry opportunities apparel challenges

 

Outlook 2020 - What next for apparel sourcing?

2020-01-07 14:52:00| Daily apparel & textile news and comment - from just-style.com

The search for the ideal sourcing destination is set to continue as Western fashion brands and retailers seek to reduce their exposure to China in 2020. At the same time they're having to navigate a more complicated matrix, which includes factors ranging from cost, speed to market, production capacity and flexibility to compliance risk. Along with these challenges come opportunities to rethink business models and explore new ways of working - especially when it comes to digitalisation and data, executives say.

Tags: apparel outlook sourcing

 

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