first_imgThisweek’s global newsProfitsslump by half at Levi-StraussProfitshave more than halved at jeans manufacturer Levi Strauss. The SanFrancisco-based company’s first quarter profits were only $29.6m (£20.7m) comparedwith $65.2m (£45.6m) in the corresponding period last year. Sales declined by 8per cent. Levi is among a number of clothing retailers, including Gap and Nike(see below), which have experienced poor results recently. Earningsat Nike slide after shoe sales slipSportsclothing giant Nike has reported that its earnings are down by a third. TheUS-based company’s first quarter profits announcement coincided with a 15 percent decline in sales of sports shoes in America. The group’s net income fell from$145m (£101.5m) to $97m (£67.9m), or from 52 cents per share to 35 cents. Nikehad predicted last month that profits would be down by between 34 and 38 percent.Airbusstakeholder to axe 1,500 jobsTheEuropean Aeronautic Defence and Space company, which has a 80 per cent stake inAirbus, is to cut 1,500 jobs through restructuring. Four divisions are beingcreated, covering missiles, defence electronics, services andtelecommunications to help reduce dependence on the commercial jet market. Mostof the jobs will go in the French space unit and others from Germany. Enodisstaff fall victim to shrinking marketUKfood equipment maker Enodis is to cut 900 jobs, mainly from its operations inthe US. Enodis has been struggling because most of its products are sold to theUS where the market for food equipment has shrunk by 10 per cent. Its shareswere down 33 per cent in pre-trading on the stock market and chief executiveDavid Williams has resigned. Enodis said the economic climate had worsenedconsiderably since the start of the year, particularly in North America, whichaccounted for 77 per cent of the food equipment operating profit in thefinancial year to September 2000.    www.enodis.co.uk Previous Article Next Article Comments are closed. GlobalOn 27 Mar 2001 in Personnel Today Related posts:No related photos.last_img read more


first_imgRelatedPosts Fulham keen on Lookman loan deal Pirlo not out to copy anyone after Juventus’ comfortable opening win EPL: Calvert-Lewin treble fires Everton past West Brom Carlo Ancelotti has reached an agreement in principle to become the next Everton manager, Sky Sports News understands. Negotiations between Everton and Ancelotti progressed well following the Italian’s arrival on Merseyside earlier on Monday. It is understood confirmation of Ancelotti succeeding Marco Silva could be announced before Wednesday’s Carabao Cup quarter-final against Leicester. Ancelotti remains one of the finest and most decorated managers in world football, despite his recent struggles with Bayern Munich and Napoli. He bowed out in Naples on the back of a 4-0 win in the Champions League against Genk, but it was the club’s poor form in Serie A – they were seventh when he was axed – and a squad mutiny with owner Aurelio de Laurentiis that cost him his job. Meanwhile, the club confirmed that Duncan Ferguson will lead the team for Wednesday’s Carabao Cup quarter-final against Leicester but it remains uncertain how much longer the club legend will continue to fill in.Tags: Carlo AncelottiEvertonMarco Silvalast_img read more


first_img Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. There are no comments posted yet. Be the first one! Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments by Tracy McCue, Sumner Newscow — The Wellington Area Chamber of Commerce will be hosting the Hobbs Mechanical Inc. Homecoming and Fall Festival Barbecue Cookoff at Sellers Park on Saturday, Oct. 10, 2015.The cook will have four categories: chicken, pork ribs, brisket, and pork butt. Teams must enter all four categories to win the grand prize. All four categories will have a first, second and third place. First place is $100, second place is $75 and third place is $50. Grand Champion prize is $250. Reserve Grand Champion is $150. People’s Choice Award is $100.Entry deadline is Friday, Oct. 2 at 5 p.m.Entry fee is $50. There will be a People’s Choice contest.Judging begins at 10 a.m. and the People’s Choice is at 12 p.m. Winners will be announced when all judging is complete. Contact the Wellington Area Chamber of Commerce at (620) 326-7466. Click here for entry form.Follow us on Twitter.last_img read more