Third quarter pre-tax profit of $1.2 billion, a decrease of $1.4 billion compared with a year ago; after-tax earnings per share of 24 cents, excluding special items; 21stconsecutive profitable quarter. Net income of $835 million, or 21 ...
Tags: Ford Posts
Lectra, one of the leading integrated technology solutions providers for fabrics and technical textile companies, based in France, has appointed Edwin Ingelaere as the director of Lectra Northern Europe. Edwin will be placed in ...
Tags: Lectra, Northern Europe, Textile
A transformation plan initiated in 2012, has not helped Li Ning Company Limited wipe out losses from its balance sheet, instead losses multiplied in the results announced for the first six months of 2014. Loss at Li Ning, one of the ...
Tags: Loss, Apparel, Accessories
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Destination Maternity Corporation, the world's leading maternity apparel retailer, announced that Ed Krell is stepping down as the Company's chief executive officer and a member of its board of directors. Anthony M. Romano will become the ...
Tags: Anthony Romano, CEO, Apparel
Ford’s European sales rose 6.6 percent in the first half of 2014 on the strength of new vehicle launches and an uptick in industry-wide sales. Ford's sales volume in its 20 traditional markets in Europe totalled 605,400 vehicles in ...
Tags: Ford, vehicle launches, Auto Parts
India-based ShriVallabh Pittie (SVP) Group is setting up a US$ 550 million spinning mill in Kombolcha town, located in the Debub Wollo Zone of Ethiopia’s Amhara Region, Ethiopian News Agency reported. The textile mill, to come up ...
Tags: Spinning Mill, textile mill
Ethiopia exported US$ 84 million worth of textiles and apparel during the first nine months of the ongoing fiscal year 2013-14 that began on July 8, 2013, according to the Textile Industry Development Institute (TIDI). The exports were ...
Tags: Textile
As telecom companies in Africa continue to scramble to adopt next-generation mobile services to boost the revenue, MTN Zambia has commercially launched Long-Term Evolution network in the country. The company said the launch of the LTE, 4G ...
Tags: network transformation, 4G network
In recent years, as the upgrading of the stationery prdoucts demand.The requierment from the function to the green environmental protection.There are not the best but the more better in standard of office supplies.Especially at ...
Tags: Stationery, Green Economy
At first glance Burundi and Ethiopia look like total opposites. Burundi is the smallest country in Africa while Ethiopia is one of the largest. But the two countries have a lot more in common than you might think. Agriculture is the ...
Tags: Apparel Sector, Apparel
Lectra’s Board of Directors, chaired by André Harari, reviewed the unaudited consolidated financial statements for the third quarter and first nine months of 2013. Highlights: - Revenues: €150 million (+5%) - Income ...
On Sept. 26, the completion ceremony of BGM Company, the steel processing & distribution center jointly built by Howa Trading Company, Baosteel Internation and GNS Company, Korea, was held in Kyungki-do, Korea. He Wenbo, Managing Director ...
Tags: steel processing
Lectra’s Board of Directors, chaired by André Harari, reviewed the consolidated financial statements for the first half of 2013, after a limited review by the Statutory Auditors. Highlights: Revenues: €99.2 million ...
The owner of the Sears Hometown store here is spearheading a C$100 million class action lawsuit against Sears Canada and its U.S.-based parent, Sears Holdings, alleging the publicly held retailer "breached its legal obligations by depriving ...
Tags: Furniture, Furnishing