Despite an 8.4 per cent hike in sales, £19.8 million rise in costs hit underlying pretax profits by 31.6 per cent at Super Group, a marketer of apparel in the first fiscal half ended October 25, 2014. Super Group which markets the ...
Tags: underlying pretax profits, business acquisitions, Apparel
Stating that the new power tariff rate announced last week by Tamil Nadu Electricity Regulatory Commission (TNERC) would seriously affect the competitiveness of the textile mills in Tamil Nadu across the value chain, the Southern India ...
Tags: tariff hike, power factor, Textile
LED packaging service provider Harvatek will cooperate with affiliated equipment maker YoungTek Electronics to adopt the latter's automation equipment to start automated production of LED light bulbs for reducing production cost in 2015, ...
Tags: LED Light Bulbs, Lights
GlobalWafers Japan (GWJ), a subsidiary of Taiwan-based semiconductor-grade silicon wafer maker GlobalWafers, will expand its 8-inch wafer production capacity by about 10% in 2015, according to president and CEO Toru Masaoka. GWJ uses ...
Tags: wafer maker, Lights
Rick Brooks led Zumiez Inc, a leading specialty retailer of action sports apparel reported an 11.6 per cent year on year hike in net sales for the third quarter ended November 1, 2014. Total net sales for the third quarter of 2014 surged ...
Tags: sports apparel, Clothing
In Japan, core machinery orders in October fell for the first time in five months, down 6.4% on year. The orders, widely regarded as a leading indicator of capital spending, signals the corporate sector has become cautious about boosting ...
Tags: Core Machinery
The China government, viewing that total PV system installations in the country in 2014 are expected to be significantly short of target, is likely to extend the applicability of 2014 feed-in tariff rates to February 2015 to boost ...
Tags: PV system, solar cell, Lights
Led by mattress fabric sales in the second fiscal quarter ended November 2, 2014, Culp, Inc, one of the world’s largest marketers of mattress and upholstery fabrics, reported highest sales for the second quarter in ten years. In ...
Tags: mattress, upholstery fabrics, Textilec
$2.8 million of non-recurring charges drove net loss higher from a year ago quarter at speciality apparel retailer, New York & Company, in the third quarter ended November 1, 2014. New York & Company said GAAP net loss for the third ...
Tags: GAAP, Non-Recurring Charges, Apparel
Yarn Expo Autumn 2014 held from October 20-22, witnessed over 18 per cent more visitors as against the last Autumn Edition. Altogether 7,098 visitors from 62 countries and regions came to source from nearly 150 yarn suppliers during the ...
Driven by wholesale and direct-to-consumer segments sales, revenues at fashion retailer Vince Holding, surged 20 per cent year on year for the third fiscal quarter ended November 1, 2014. Vince said in third quarter of 2014, its net sales ...
Tags: fashion retailer, Vince Holding, Apparel
EBITDA at the largest down apparel company in China, Bosideng International rose 11.9 percent from a year ago period, but operating profit slipped 10.7 per cent in the six months to September 30, 2014 period. Bosideng said, as a result of ...
Despite posting higher sales in the third fiscal quarter ended November 1, 2014, NASDAQ listed, apparel retailer Citi Trends, booked higher losses, from the year earlier quarter. Citi Trends said its sales for the third quarter of 2014 ...
Tags: Citi Trends, store sales, Apparel
Big Rock Brewery has launched its first international collaboration, Colaborador Espanol. When you think of Spain, Don Quixote, The Armada, Real Madrid, rich wines, and dramatic bullfights are a few things that likely come to mind before ...
Better Cotton Initiative (BCI) and The All Pakistan Textile Mills Association (APTMA) signed an agreement to implement sustainable processes in cotton production in Pakistan. APTMA will be the implementing agency within Pakistan to ...