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CLOTHING 
August 13, 2017 Head office fees sink Crew Clothing profits
Crew Clothing, the British retailer famed for its nautically-inspired clothes, lifted sales by almost 6pc last year while its losses swelled after splashing out on its head office. The casual fashion brand reported £58.3m of sales for the year to Oct 30 2016, compared with £55m in the previous year, after strong online sales and […]
ELECTRONICS July 9, 2017 Samsung Electronics expects record-high Q2 profits
SEOUL, JULY 7: Samsung Electronics expects profits to soar 72 per cent in the second quarter to a record high, it said today, as it moves on from a recall debacle thanks to rising memory chip prices and increased demand for smartphones. The South Korean tech giant estimated its operating profit for April—June at 14 […]
ELECTRONICS November 28, 2016 LG Electronics Posts Drop in Profits on Loss-Making Smartphone Business
TweetShareShareEmailReddit LG Electronics Posts Drop in Profits on Loss-Making Smartphone Business LG Electronics Inc said on Thursday its third-quarter operating profit fell 3.7 percent from a year earlier, hit by sluggish sales in its money-losing smartphone business. LG said in a regulatory filing that the operating profit for the July-September quarter stood at KRW 283.2 […]
NEWS October 30, 2016 Amazon Triples Profits on Cloud Services, Video
Online giant Amazon said Thursday its profits more than tripled in the third quarter, but shares fell as the rise was weaker than expected. Amazon extended its string of positive results after years of investments that produced little or no profit, helped by its cloud computing, streaming video and new products and services. Profit surged […]
ALL DEALS September 28, 2016 Nokia Posts Weak Quarterly Profits, Lifts Cost-Cut Target
Nokia’s quarterly profit fell more sharply than expected as telecom operators spent less on faster networks and as others held off signing new orders as the Finnish firm merges operations with recently-acquired rival Alcatel-Lucent. Nokia also on Thursday lifted its cost-cutting target for the EUR 15.6 billion merger, sealed earlier this year, saying it was […]
