Retail news
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Disney income rises in Q4
- Posted:
- 08 February 2012 10:03
The Walt Disney Co said net income rose 12% in the final quarter of 2011, as revenue inched higher amid company cost cutting.Revenue in the company's fiscal first quarter went up 1% to US$10.78 billion from US$10.72 billion. However, it fell short of the US$11.20 billion expected by analysts, due ...read more
Disney relaxes facial hair ban
- Posted:
- 24 January 2012 09:45
Workers at Disney's theme parks worldwide will be allowed to grow beards and goatees for the first time following a review of its dress code.A Disney spokeswoman said the new policy will apply to workers in Florida and California, starting next month.Disney had prohibited all facial hair on its theme ...read more
Morrisons' Disney ad banned
- Posted:
- 26 October 2011 09:52
Supermarket Morrisons has been banned from showing an advert which gave viewers the chance to win a trip to Disneyland Paris because it was targeted at children, the advertising watchdog said.The television advert, broadcast in July, showed several unhappy children who appeared to cheer up at the prospect of a ...read more
Ben Gordon to quit as Mothercare boss
- Posted:
- 12 October 2011 09:52
After nine years in the job, the boss of Mothercare is to step down following a prolonged period of difficult trading culminating in a dire sales update that triggered a 35% slump in the company's share price.Chief executive Ben Gordon will leave on November 17th by "mutual consent", Mothercare said, ...read more
Apple’s visionary founder Steve Jobs dies at 56
- Posted:
- 06 October 2011 10:52
Steve Jobs, the co-founder and former CEO of Apple, the digital visionary who is widely credited with reshaping the consumer electronics and technology industries, has died at the age of 56.Mr Jobs had faced a number of health issues, undergoing a liver transplant in 2009 and a seven-year battle with ...read more
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