losses

Further losses for Adient in Q3

Published: August 8, 2022

Global automotive seating company Adient has reported its financial results for the third quarter of 2022.

China adjusts “excessive incomes” as the luxury industry takes a hit

Published: August 31, 2021

China has announced plans to adjust “excessive incomes” and more equally distribute national wealth in an effort to correct its significant gap between the rich and poor.

Steve Madden first quarter losses total US$17.5 million

Published: June 3, 2020

Revenue in the first quarter of 2020 decreased 13.6% to US$359.2 million for the fashion brand headquartered in Long Island City, U.S. state of New York.

Jaguar Land Rover to cut 500 jobs in the UK

Published: January 27, 2020

The premium SUV manufacturer is cutting 500 jobs at its Halewood plant located on Merseyside, North West England.

Losses persist for UK leather jacket specialist

Published: January 8, 2020

Well known for its motorcycle fashion, Belstaff is reported to have posted a £48 million (US$63.12 million) loss during 2018.

Higher sales but deeper losses for Aspinal of London

Published: January 3, 2020

Losses for the British manufacturer and retailer of leather bags and accessories are reported to have deepened in 2019.

Clarks’ losses more than double

Published: November 7, 2019

Sales for the British footwear manufacturer and retailer declined 4.6% to £1.47 billion (US$1.89 billion) for the 52 weeks ending February 2, 2019, with losses more than doubling from £31.3 million (US$40.26 million) to £82.9 million (US$106.65 million).

Further losses for Cambridge Satchel Company

Published: June 11, 2019

The UK based manufacturer and retailer of iconic leather satchel bags has recorded a loss of £1.4 million (US$1.78 million) for the year ended June 30, 2019, representing a fourth consecutive year of losses.

Drought leading to important livestock losses in Somalia

Published: March 23, 2018

Below-average rainfall is resulting in important livestock losses, hence, threatening to exacerbate the country's food security situation, which remains critical in the central and northern pastoral areas.

Meatpacker BRF announces change in CEO

Published: September 6, 2017

The Board of Directors of one of the world’s biggest food companies announced it has dismissed Pedro Faria, the current CEO, amid divergences within the company.