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Global Brands Group divests China business amid H1 loss

2018-12-03 09:35:00| Daily apparel & textile news and comment - from just-style.com

Hong Kong-based Global Brands Group (GBG) has sold its kids apparel business in China and is preparing to embark on a substantial restructuring programme as it revealed falling sales and a net loss in the first six months of the year.

Tags: business group china global

Further loss of world trade momentum expected

2018-11-27 12:03:00| Daily apparel & textile news and comment - from just-style.com

Global trade growth is expected to slow further into the fourth quarter of 2018 with momentum forecast to be below-trend, new figures show.

Tags: world loss trade expected

Uber loss tops $1bn loss ahead of planned IPO next year

2018-11-15 04:35:49| BBC News | Business | UK Edition

The ride-sharing firm's losses grew in the third quarter, with a slight rise in revenues and bookings.

Tags: year loss ahead planned

Vodafone Idea plans $3.5bn capital injection following $690m quarterly loss

2018-11-15 01:00:00| Total Telecom industry news

Vodafone Idea has posted a net loss of $690 million (49.7 billion rupees) in its first set of quarterly financial results, since its creation in August. The merger of Vodafone and Idea Cellular earlier this year created India's biggest telco, with the newly merged entity confirming it has 422 million subscribers across the country…read more on TotalTele.com »

Tags: capital idea plans loss