H&M profits Decrease by 88.2% to £174.4m in the year to November 30, 2020
H&M said its financial position “remains strong” despite the losses The fashion retailer saw profit collapse by 88.2 per cent during the year to November...
Tag : profit
PRIMARK HINTS AT BIG LOSSES DUE TO EXTENDED LOCKDOWN
LOSSES TO REACH £1.05 BILLION Primark parent company AB Foods has warned of a hit from lost retail sales of more than £1 billion if...
Next posts H1 loss but raises profit outlook on strong trading
Next brand full price sales in the first half of this year were down 33 percent on last year and total sales including markdown sales...
Neiman Marcus’ Restructuring Plan Gets Approval
Neiman Marcus has received court approval for its plan to reorganize in Chapter 11. The luxury department store chain, which filed for bankruptcy in May,...
Consolidated Pathways : Providing products that enhance sustainability
IN Conversation with James Krueger, CEO,Consolidated Pathways PS: What is Consolidated Pathways all about? James Krueger : The mission of Consolidated Pathways is to provide...
Gurgaon Operating at Just 40% Production Capacity
Gurgaon which is usually crowded with workers, labours, cars and people has suddenly lost its charm. The cluster that houses more than 3000 garment units...
AMAZON ANNOUNCES TO HIRE 33,000 PEOPLE
Amazon has opened 33,000 salaried job openings across its business, from cloud computing engineers to managers in its warehouses, the strongest sign yet that the...
ZARA SEES GROWTH AND PROFITS IN INDIA
Spain’s luxury fashion brand Zara posted 45.54 percent growth in its profit after tax to Rs 104.05 crore from the Indian market in 2020 fiscal,...
Buyers cancelling orders leave exporters in shock
Indian apparel exporters are facing testing times with falling demand globally and operational challenges domestically due to the coronavirus outbreak. Apparel exporters are expected to...
Branded apparel makers post higher Q2 profit
Although rural economy is in distress, the branded apparel makers posted higher profits in the September quarter. It is a result of the reduced raw...