
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataClothing maker Novel Denim Holdings Ltd on Thursday warned it expects a worse-than-expected first quarter loss of 67-70 cents a diluted share due to rising air cargo costs and reduced garment production efficiencies. The Hong Kong-based company, which has factories in China, South Africa and Mauritius, had originally forecast a loss of 22 cents a share which included costs linked to the axing of several plants in Madagascar.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData