Australian drinks company Coca-Cola Amatil Ltd’s underlying profit declined by a quarter (25.3%) to AUD375.5m ($292.8m) in the 12 months ending December due to drop in volumes of soft drinks. The firm's core brands saw dip in sales ...
In preliminary estimates, marketer of intimates’ iconic brand Victoria Secret, L Brands said its net sales for the fourth quarter rose 7 per cent year on year for the fourth fiscal quarter ended January 31, 2015. Net sales for the ...
Samsung Electro-Mechanics (Samsung Electro), the component affiliate of Samsung, said Thursday that it saw a turnaround in operating profits during the October-December period on the back of expanded clients and favorable currency moves. ...
Speaking at the inauguration of Tex-Trends India 2015, Indian union textiles minister, Santosh Kumar Gangwar said the new National Textiles Policy will be unveiled after the Union Budget is presented. The new Textiles Policy aims to ...
Tags: home furnishings, yarns, fabrics, silk, Apparel
Net profits surged 17 per cent from a year ago period at Swedish apparel retailer H&M Group for the full fiscal year ended November 30, 2014. The Group’s profit after tax increased to SEK 19,976 million or corresponding to SEK 12.07 ...
Tags: apparel retailer, network expansion, Apparel
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
MeadWestvaco Corporation has announced that its board of directors has approved a plan to fully separate its Specialty Chemicals business from the rest of the company. The separation is expected to be executed by means of a tax-free spinoff ...
South Korean auto maker Hyundai Motor is planning to invest around $73bn over the next four years to develop new vehicles, expand its production capacity and build a new headquarters. The auto maker will be focusing upon South Korea with ...
Tags: production capacity, quality competitiveness, technology power, Auto
DFS reports "continued strong momentum" in its latest financial report, covering the 13 weeks ending 1st November 2014. The quarter saw continued momentum in sales and EBITDA for DFS, with group gross sales up 15.3% to £197m (2013 ...
Tags: selling space, Furniture
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has entered into an amended and restated rights agreement to extend the expiration ...
Tags: stockholder rights, Electrical
Since last year,stationery industry in China is facing greater pressure.Inflation caused a series of operating costs continue to rise such as labor cost of raw materials costs, loss of demographic dividend, market competition intensifies, ...
Tags: development trend, raw materials, labor cost, Office Supplies
Big Rock Breweryhas announced that a dividend of $0.20 per common share will be paid on January 15, 2015 to shareholders of record as at December 31, 2014. The shares will commence trading on an ex-dividend basis on December 29, 2014. ...
Tags: Big Rock Brewery, Food
Advanced textiles producer and NYSE-listed – Albany International has announced that the Company’s Board of Directors has approved a quarterly dividend for holders of the Company’s common shares in the amount of $0.16 per ...
Tags: currency revaluation, Textile
Clothing marketer, Gildan Activewear said it posted record earnings per share performance for the fourth fiscal quarter ended October 5, 2014 for any fiscal quarter in its history. Net earnings in the fourth quarter of fiscal 2014 were ...
Tags: Clothing marketer, fiscal quarter, Apparel
Producer of speciality chemicals and NYSE listed, Eastman, has announced that the Company’s Board of Directors has approved a quarterly dividend for holders of the Company’s common shares in the amount of $0.40 per common share, ...
Tags: Chemical sales, free cash flows, Textile