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turnaround plan
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McDonald's Turnaround Plan Starting to Pay off
Jul 18, 2016McDonald’s global turnaround is coming to fruition. The global re-vitalisation is being driven by the new management headquartered in Chicago. There are numerous lessons that can be learnt on how big companies can successfully ...
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Hornby to Reduce Number of Product Lines by 40 Per Cent After 'disappointing Financial Results'
Jun 27, 2016Hornby is attempting to make the business profitable again following a loss of £13.5 million in what it has said was a "difficult and disappointing year". Hornby has revealed its plans to cut the number of toys it makes in an effort ...
Tags: pre-tax loss, Hornby
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First Milk to Sell Glenfield Dairy to Graham’s The Family Dairy
Dec 2, 2015First Milk has agreed to sell its Glenfield Dairy business to Graham's The Family Dairy. The financial details of the transaction have not been disclosed. The Glenfield Dairy sale is intended to allow First Milk to focus on its hard ...
Tags: First Milk, Glenfield Dairy, Family Dairy
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Despite Difficult Comparisons Adidas Q2 Topline up 15%
Aug 11, 2015Despite, difficult comparisons after record World Cup related sales in the prior year second quarter, topline at Adidas Group expanded 15 per cent year over year in the second quarter of 2015. In the three months to June 30, 2015, in euro ...
Tags: Adidas, Reebok, sports goods
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American Apparel Has Announced The Next Phase of Its Strategic Turnaround Plan
Jul 10, 2015In order to shore up its topline and bottomline, clothing retailer American Apparel has announced the next phase of its strategic turnaround plan. “This plan includes a redesigned fall merchandise line, approximately $30 million in ...
Tags: American Apparel
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Karro Food Group to Invest ?10m Into Processing and Production as Uk Investment Programme
Mar 11, 2015North Yorkshire based pork supplier Karro Food Group is set to invest £10m into processing and production as part of its UK investment programme. Under this programme, Karro will invest £6.5m into new chilling and processing ...
Tags: Karro Food, Food Processing, Food Production
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Oclaro's Core Communications Revenue Increases by 4% Quarter-to-Quarter
Feb 6, 2015For its fiscal second-quarter 2015 (ended 27 December 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $86.8m, down 15.6% on $102.9m a year ago and ...
Tags: end-market, Telecoms
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Just Like Australia Post Experiences a Loss of Profitability
Nov 26, 2014Just like Australia Post, the UK's Royal Mail is experiencing a loss of profitability from the parcel boom and mail bust. It is, however, also looking down the barrel of Amazon’s own delivery network, which threatens future growth ...
Tags: Royal Mail, Parcel Pinch, Service
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Oclaro Has Reported Revenue of $89.2m for Its Fiscal First-Quarter 2015
Nov 11, 2014For its fiscal first-quarter 2015 (ended 27 September 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $89.2m (at the high end of the $83-91m ...
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Fiat CEO Sergio Marchionne Is Planning to Step Down at The End of 2018
Oct 13, 2014Fiat CEO Sergio Marchionne is planning to step down at the end of 2018 after completing five-year turnaround plan for the new Fiat Chrysler Automobiles NV, reported The Detroit News. The merger has been in works for a long time, and back ...
Tags: Fiat, CEO, Auto Parts
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Finland-Based Stainless Steel Producer Outokumpu Saw a Small Upturn in Stainless Demand
Apr 16, 2014Finland-based stainless steel producer Outokumpu said Monday it has seen a small upturn in stainless demand and is cautiously optimistic about forward prospects. CEO Mika Seitovirta told the company's annual general meeting of ...
Tags: Finland, stainless steel
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Outokumpu Focus All Its Efforts and Energy on Profitability Improvements
Apr 15, 2014On April 14, Mika Seitovirta, CEO of Finland-based stainless steel producer Outokumpu, stated at the company's annual general meeting that in 2013 the weaker-than-expected market and the remedy requirement set by the European Commission ...
Tags: Outokumpu, stainless steel
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Accuride Has Introduced a New Aluminum Wheel It Claims to Be The Lightest in The Market
Mar 9, 2014Accuride has introduced a new aluminum wheel it claims to be the lightest in the market. The new 14-inch Accu-Lite Duplex aluminum wheel weighs just 56 lbs, about four pounds less than its predecessors. Rick Dauch, president and CEO of ...
Tags: Transportation, Auto Parts
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RadioShack Appointed Dollar General Finance Chief John Feray Executive VP/CFO
Jan 14, 2014RadioShack has appointed Dollar General finance chief John Feray executive VP/chief financial officer, effective Feb. 6. He will succeed interim chief financial officer Holly Etlin, a managing director at consultancy AlixPartners, which ...
Tags: RadioShack, appointment, John Feray, chief financial officer
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Navistar Reports a Fourth Quarter 2013 Net Loss of $154 Million,or $1.91 Per Diluted Share
Dec 23, 2013Navistar reports a fourth quarter 2013 net loss of $154 million, or $1.91 per diluted share. But still, that's good when compared to the fourth quarter 2012 when Navistar reported a net loss of $2.8 billion, or $40.13 per diluted share. ...
Tags: Transportation, Auto Parts