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Adidas Q3 profit slides on continuing Russia weakness

2014-11-06 11:04:00| Daily apparel & textile news and comment - from just-style.com

German sporting giant Adidas has reported a drop in third-quarter profits and gross margin due to continuing weakness in emerging markets, but reaffirmed its guidance for the full year.

Tags: profit russia continuing slides

 

Australia shares ease on disappointing China PMIs, Woolworths slides

2014-11-03 07:50:47| Grocery - Topix.net

Sydney stocks fell slightly on Monday as Chinese manufacturing activity reinforced concerns of cooling growth in Australia's key export market, while a surprise slump in domestic building approvals also hurt sentiment. " released some data on Saturday, the official figures, which disappointed," said Tristan K'Nell, head of trading at Quay Equities, referring to China's Purchasing Managers Index which grew more slowly in October than the previous month.

Tags: china australia shares ease

 
 

Wall St slides after US consumer confidence drops

2014-10-01 14:40:28| Oil & Gas - Topix.net

Specialist Jason Hardzewicz, left, and trader Michael Zicchinolfi work on the floor of the New York Stock Exchange. File photo / AP Wall Street slid overnight after a report showed a surprise decline in US consumer confidence, while other data showed disappointing home prices and business conditions in the Midwest.

Tags: wall consumer confidence drops

 

US: J Crew Q2 profit slides on higher costs

2014-09-05 17:08:00| Daily apparel & textile news and comment - from just-style.com

Fashion retailer J Crew Group has seen its second-quarter profit slump 38.3% on the back of higher costs.

Tags: costs higher profit crew

 

Swedish Krona Slides as Manufacturing Expansion Slows on Orders

2014-09-01 15:18:41| Appliances - Topix.net

Sweden's krona declined after a report showed an expansion in manufacturing slowed more than estimated last month, adding to speculation the central bank will again lower interest rates.

Tags: orders manufacturing expansion swedish

 

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