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ARTS Announced The Release of The Compliance Audit Interchange

Aug 12, 2014

The Association for Retail Technology Standards (ARTS), the standards and technology division of the National Retail Federation, announced the release of the Compliance Audit Interchange, a specification that allows organizations to share ...

Tags: ARTS, NFR, Apparel, Acessories

Nordstrom Plans to Open a Nordstrom Rack at The Center at Rancho Niguel in Laguna Niguel

Aug 12, 2014

Seattle-based Nordstrom, Inc. announced plans to open a Nordstrom Rack at The Center at Rancho Niguel in Laguna Niguel, Calif. The approximately 29,500-square-foot store is scheduled to open in spring 2015. The property is owned and managed ...

Tags: Nordstrom, Nordstrom Rack, Apparel

Pantaloons Fashion & Retail Ltd Plans to Raise up to Rs 500 Crore

Aug 12, 2014

In a filing with the Bombay Stock Exchange (BSE), Pantaloons Fashion & Retail Ltd which manages 75 lifestyle stores across India, says that it plans to raise up to Rs 500 crore, through different means, including a rights issue. In the ...

Tags: Pantaloons, Apparel, Accessories

Exxon Mobil Corporation's Board of Directors Elected David S. Rosenthal as Vice President

Aug 12, 2014

Exxon Mobil Corporation’s board of directors has elected David S. Rosenthal as vice president and controller and Jeffrey J. Woodbury as vice president of investor relations and secretary, effective Sept. 1. Rosenthal, 58, is ...

Tags: Exxonmobil, Vice President, Textile

Shareholders Also Ratified The Motion to Split Every Share Registered Into Five New Shares

Aug 12, 2014

Shareholders also ratified the motion to split every share registered into five new shares as of the close of trading on 25 July 2014. The new shares will begin trading on 28 July 2014. During his speech to the shareholders, the ...

Tags: Inditex, Apparel, Accessories

Optitex Will Showcase Its Recently-Launched Optitex Version 12.3

Aug 12, 2014

Optitex, a leading 2D and 3D CAD and virtual prototyping software provider, announced that it will showcase its recently-launched Optitex Version 12.3 in the upcoming Sourcing at Magic - the world’s most extensive fashion sourcing ...

Tags: Optitex, Version 12.3, Textile

Acerinox S.A. Has Reported a Net Profit of EUR76.1 Million in The First Half

Aug 12, 2014

The Spanish stainless steel producer Acerinox S.A. has reported a net profit of €76.1 million in the first half of the current year, increasing by 373 percent compared to the same period of 2013, while its net sales came to €2.17 ...

Tags: stainless steel, Acerinox S.A., steel

DRI Production in The 14 Countries Accounting for Approximately 87 Percent of Total World

Aug 12, 2014

According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 4.72 ...

Tags: DRI production, amounte, June

Royal DSM Posted Ebitda From Continuing Operations of €93 Million

Aug 12, 2014

Royal DSM, the Life Sciences and Materials Sciences company, posted EBITDA from continuing operations of €293 million in the second quarter of 2014, compared to €332 million in corresponding quarter of 2013. According to Royal ...

Tags: DSM, Fire&Negative, Textile

Inditex's Chairman and CEO Unveiled The RFID Implementation Project

Aug 12, 2014

During the Annual General Meeting, held on 15 July 2014, Inditex's Chairman and CEO unveiled the radio frequency identification technology (RFID) implementation project. This technology allows individual tracking of garments, from the ...

Tags: RFID, Apparel, Accessories

250 Companies From Over 20 Countries Will Partake in The Forthcoming 23rd Edition

Aug 12, 2014

Royal DSM, the Life Sciences and Materials Sciences company, posted EBITDA from continuing operations of €293 million in the second quarter of 2014, compared to €332 million in corresponding quarter of 2013. According to ...

Tags: 250 Firms, Textile Vilnius, Textile

Turkey-based Subsidiary MMK Metalurji's Finished Steel Output Decreased by 3.5 Percent

Aug 12, 2014

Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji's finished steel output decreased by 3.5 percent year on year to 334,000 mt in the first half of this year. In the ...

Tags: MMK Metalurji's Finished Steel Output, Decreased, Russian

Culp Home Fashions to Invest $9.5 Million in The Company's Mattress Fabrics Operations

Aug 12, 2014

Culp Home Fashions, a leading marketer of mattress fabrics for bedding and a division of Culp, Inc. has announced plans to invest $9.5 million in the company’s mattress fabrics operations. This capital project is designed to support ...

Tags: Culp, $9.5 Million, Textile

Capacity Utilization Rate in The Turkish Basic Metal Manufacturing Industry Was 74.6%

Aug 12, 2014

In July this year, the capacity utilization rate in the Turkish basic metal manufacturing industry was 74.6 percent, down from 75.0 percent recorded in June, while the capacity utilization rate in the Turkish basic metal manufacturing ...

Tags: capacity utilization rate, down, Turkish

Outokumpu Has Announced Its Financial Results for The Second Quarter of The Current Year

Aug 12, 2014

Finland-based stainless steel producer Outokumpu has announced its financial results for the second quarter of the current year, indicating that stainless steel demand continued to recover and base prices increased moderately in both Europe ...

Tags: Outokumpu, Announce, Financial Results

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