Net revenues slipped 6 per cent year over year on a reported basis at denim jeans marketer Levi Strauss & Co. for the second quarter ended May 31, 2015. Net revenues declined six per cent to $1.01 billion on a reported basis in the second ...
Tags: Levi Strauss, denim jeans
Premium apparel brand Monte Carlo is continuing to expand aggressively in south India. After opening its exclusive brand outlet in Hyderabad about a fortnight ago, the brand has now opened a store in Coimbatore, taking the total number ...
Tags: Premium apparel, Apparel
According to JDA Software Group, its 35 JDA customers have been named to the ‘Apparel Top 50 for 2015’ list. “These JDA customers include American Eagle Outfitters, Chico’s, Christopher & Banks and New York & ...
Tags: JDA, apparel and clothing
Group revenues climbed 12.9 per cent year over year at UK apparel marketer SuperGroup Plc for the fiscal ended April 25, 2015. According to a press release, Group revenue was up 12.9 per cent to £486.6 million in fiscal 2015 over ...
In the nine months to May 31, 2015, sales soared 23.9 per cent year over year at Japanese apparel marketer retailer Fast Retailing Group, which has in its portfolio clothing brands like Uniqlo, etc. In the period between September and May ...
Credit rating agency India Ratings and Research (Ind-Ra) has maintained an overall stable outlook for the cotton textile sector for FY16. This is led by stable spinning margins in the cotton yarn segment, range-bound cotton prices and ...
Tags: textile manufacture, garment manufacture, cotton textile
Archer Daniels Midland Company and Quality Liquid Feeds have entered into a 50-50 joint venture for the production and sale of liquid feed supplements for livestock. The joint venture consists of four liquid feed production facilities ...
Tags: food manufacture, Archer Daniels Midland Company, Quality Liquid Feeds
Chinese food manufacturer American Lorain has expanded its product portfolio with the introduction of a new breakfast product line - Lorain Youtiao. The launch comes in response to increasing consumer demand for on-the-go breakfast and ...
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has raised its revenue guidance for second-quarter 2015 by 5%, from the $9.3-9.5m ...
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that its board of directors has approved the following: a restructuring of the LED Products business; a $500m stock buyback authorization for fiscal 2016; and the ...
Tags: Cree LED, LED chip, ASP Erosion
DS Smith is expanding its market share in Spain after agreeing to buy Spanish company Grupo Lantero's corrugated products business. The recyclable corrugated packaging provider said the €190 million purchase, including assumed debt, ...
Tags: DS Smith, corrugated packaging
Driven by gross margin expansion and a lower tax rate, earnings per share surged 25 per cent, year over year at sports good and sportswear marketer Nike Inc for the fiscal ending May 31, 2015. A Nike press release informed that fiscal ...
Tags: Nike, comfortable footwear, fashionable sports shoes, sports footwear
China's central bank cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates on Saturday. The credit-easing move, to be effective on Sunday, aims to "support the real ...
Tags: Reserve Ratio, Interest Rates
For its fiscal fourth-quarter 2015 (ended 3 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $320m, up 4.5% on about $306m both a year ago and last quarter. The ...
Tags: Finisar, OpEx, Electronics
For the first fiscal quarter ended April 30, 2015, net revenue at Egyptian apparel retailer Arafa Holding climbed 9 per cent over the same period of previous fiscal. Arafa Holding reported net revenues of $62.0 million during the first ...
Tags: apparel, Arafa Holding