Spain based Inditex Group, which has notable fashion brands like Zara in its portfolio, said its sales in the twelve months to January 31, 2015, rose 8 per cent year over year. Sales in fiscal 2014 grew 8 per cent from the previous fiscal ...
Tags: fashion brands, apparel market
The US Department of Commerce earlier this year preliminarily lowered an average anti-dumping and anti-subsidization tariff rate imposed on China-made PV modules in 2012 to 17.5% from the original 30% and will make a final decision in ...
Tags: Solar Cell, PV Modules
Kishore Biyani led Future Lifestyle Fashions Limited said it has hiked its stake in ethnic products firm Industree Crafts Pvt Ltd from 63.34 per cent to 72.16 per cent. Future Lifestyle Fashions Limited (FLF), the apparel and accessories ...
Tags: ethnic products, Apparel
In its 2015 economic forecast, the National Retail Federation (NRF) projected retail industry sales, excluding automobiles, gas stations, and restaurants will increase 4.1 per cent*, up from the 3.5 per in 2014. The 4.1 per cent growth ...
Tags: automobiles, gas stations, Textile
German apparel marketer, Tom Tailor Group said despite a difficult market environment, it was able to achieve sales growth of 3 per cent year on year in 2014. Tom Tailor Group was able to hike sales to €932 million in 2014 as against ...
Tags: Tom Tailor, apparel
“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
First-tier China-based solar firms plan to offer 260W PV modules in the US market tro replace 250W models which were the mainstream power output in 2014, according to industry sources in Taiwan. Since energy conversion rates for ...
Tags: PV Modules, Solar Cells
Garmin Fenix 3 – First Impressions from CES 2015 Sports watches have tended to be a little lacking in the looks department, to the point where you really have to be dedicated to use them as everyday watches. That’s something ...
Tags: Garmin Fenix 3, Consumer Electronics, CES
With the US government having almost halved the 2012-set average antitrust tariff rates for PV modules imported from China, China-based PV module makers are expected to regain their pricing competitiveness in the US market, according to PV ...
Tags: PV Module Makers, Lights
Devkinandan Corporation LLP, one of the promoters of Ahmedabad-based and second biggest Indian producer of denim fabrics, Nandan Denim, said in a filing that, it has hiked its stake in the company. First on December 18, Devkinandan ...
Foreign direct investment (FDI) inflows into India have surged by around 25 per cent from a year ago, in the April-October period of the current fiscal year. In the seven months to October 2014, FDI rose some 25 per cent from $13.82 ...
Tags: pharmaceuticals, oil, gas, petrochemicals, Textile
Gross margin expansion and a lower average share count drove diluted earnings per share growth by 25 per cent year on year at Nike for its second fiscal quarter ended November 30, 2014. In the second quarter of fiscal 2015, net income ...
Tags: product type, geography, key category, Apparel
Chairman of The Southern India Mills’ Association (SIMA), T Rajkumar welcomed the decision of the Duty Drawback Committee and the Government for announcing enhanced rates and value caps for textiles and clothing products. The Duty ...
Tags: textile export, promotion councils, Apparel
In CMAI’s Apparel Index for the July to September 2014 quarter, ‘Big Brands’ scored an impressive growth of 9.98 points, while ‘Small Brands’ reached a meagre 4.24 points. “In fact, Small Brands low ...
Tags: Big Brands, CMAI's Apparel Index, Apparel
Mondelez International, the maker of Oreo biscuits and Cadbury's chocolate, posted a 11% decline in earnings in the third-quarter of fiscal 2014 compared to the same period a year ago, as a result of weaker revenues and higher expenses. ...