On behalf of the entire Domestic Garment Industry, CMAI extends its sincere thanks to the Hon. Finance Minister, Sh. P. Chidambaram, for having heard our pleas to Remove the Excise Duty from Branded Readymade Garments. The Industry, as ...
Tags: CMAI, Branded Garments, Textiles
Europe’s leading online shop for shoes and fashion successfully concluded the business year 2012 and continues to deliver unprecedented growth. With net sales of 1.15 billion EUR Zalando was able to more than double sales compared to ...
Tags: net sales, Fashion Etailer Zalando, 2012
Canadian retailer Metro Inc has reported an increase in first-quarter profits as higher sales boosted margins. Metro booked a 17.1% rise in net earnings to C$121.4m (US$121.1m) for the quarter to 22 December. Excluding profits from a ...
Tags: food inflation, food industry, profits
Given the fact that retail sales and consumer spending represent roughly two-thirds of total economic activity in the United States, it is fairly east to surmise that the current numbers are not where they need to be to lift economic growth ...
Tags: NRF, Lower Retail Sales, 2013
Steel Authority of India Limited’s Bokaro Steel Plant has registered a steady growth path both in production and projects in the year 2012. Commissioning of the rebuilt zero emission Coke Oven Battery 2 in March 2012 was one of ...
Tags: Bokaro Steel Plant, Steel Authority, steel, India
Business Line reported that the promoters of the ailing Hinduja Foundries will not let the company slip into sickness. Just last week, the company decided to report its status to the Board for Industrial and Financial Reconstruction on ...
Tags: Hinduja Foundries, India, ailing, company news
SAN DIEGO, CA, September 20, 2012 /24-7PressRelease/ -- SoleraTec LLC, a provider of innovative video lifecycle management and storage products, is introducing the new Phoenix Firebird family of media asset management archiving appliances ...
Tags: Soleratec, Media Archive Appliances, video lifecycle management
IBM and Oracle shared more details this week about new RISC chips they're building for server customers, the Power7+ in the case of IBM and the T5 for Oracle. The Unix server market continues to contract as x86-based systems gain more ...
Tags: IBM, Oracle, RISC chips, server customers
OptiTex, the leading provider of 2D and 3D CAD/CAM and Virtual Prototyping software solutions has been chosen by National Institute of Fashion Technology (NIFT), the premier Institute of Design, Management and Technology, to be part of the ...
Tags: Nift, Optitex, Knitwear Design, cooperation
NedSense enterprises n.v. announces that, in the context of the future growth path it desires, the company wishes to examine its strategic options. This in particular to significantly accelerate the further development of LOFT after the ...
Tags: Nedsense, LOFT, oftware solution, fashion and textile industry
IBM and Oracle revealed more details this week about new RISC chips they’re building for server customers, the Power7+ in the case of IBM and the T5 for Oracle. The Unix server market continues to contract as x86-based systems gain ...
Tags: Chip servers, DRAM, IBM, Oracle, Unix servers
As telecom companies in Africa scramble to adopt next-generation mobile services to boost revenue, MTN South Africa has launched a commercial Long Term Evolution (LTE) network with the help of Ericsson. The network is the first to be ...
Tags: LTE network, telecom, mobile services, network
Strategies Unlimited’s analysts believe that the LED lighting market is growing nicely, though they expect lower LED prices to keep a lid on LED-component growth in the foreseeable future. LAURA PETERS and MAURY WRIGHT report from the ...
Tags: LED lighting
Canadian retailer Metro Inc has today (9 August) posted a rise in third-quarter net profits on the back of increased sales. Net earnings for the quarter ending 30 June increased 13.6% to C$144.4m (US$225.6m). EBITDA climbed 10.3% to ...
Tags: Profit, Net earnings, Metro, net profits
IBM and Orace reveal their new RISC chips IBM and Oracle unveiled their respective Power7+ and T5 RISC chips for servers at Hot Chips 2012 symposium in the US. Expected to be released by the end of 2012, IBM's new, eight-core Power7+, ...
Tags: IBM, Orace, new RISC chips, Power7+and T5 RISC chips