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John Lewis FY profits sink on "challenging" retail backdrop

2019-03-07 12:19:00| Daily apparel & textile news and comment - from just-style.com

Recent investments in womenswear have seen the category's sales jump at John Lewis & Partners, but not enough to offset a fall in group profits for the year which sank by more than 45% to GBP160m (US$210m), as a result of a "challenging" retail backdrop.

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Nike: All-Round Strength Sets A Bullish Backdrop

2015-06-30 11:27:40| Footwear - Topix.net

Nike remains my top pick within the sports apparel space, given that it is one of a few companies that can consistently exceed investor expectations. Additionally, the company's demand outlook remains robust, driven by category and product expansion in Europe and China.

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Hazy skies the backdrop for Obama's climate talks in India

2015-01-23 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: When President Barack Obama arrives in New Delhi on Sunday he will join the Indian capital's masses in breathing some of the world's filthiest air. Hazy skies will serve as the backdrop to meetings with Indian Prime Minister Narendra Modi and other officials who are expected to discuss India's biggest environmental woes: Heavy reliance on fossil fuels that has transformed New Delhi into the planet's most polluted capital and made India the third biggest national emitter of greenhouse gases. With...

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