Sinton Dairy Foods, a unit of Borden Dairy, is looking to exit fresh fluid milk business and focus on making extended-shelf-life milk in the US, a move which could put around 120 jobs at risk. The transition will be carried out over ...
Net income for the thirteen weeks ended January 31, 2015 at The Children's Place, Inc, a pure-play children's specialty apparel retailer in North America was up from same period of previous year. Net income for the reporting quarter stood ...
For the second fiscal quarter ended January 3, 2015, sales from continuing operations were up 4.6 per cent from the year ago quarter at apparel retailer and NASDAQ listed, Bebe Stores. Net sales from continuing operations increased 4.6 ...
Tags: Bebe Stores, Apparel
Vishay Intertechnology Inc. reported that its fourth-quarter net earnings attributable to stockholders declined to $29.2 million or $0.19 per share, from $30.0 million, or $0.20 per share in the comparable quarter last year. Net earnings ...
Apparel marketer and NYSE listed, PVH Corp said it will close its Izod retail division, with the closing expected to be completed by the end of fiscal 2015. “However, the closure of the retail business is not expected to impact the ...
Specialty womenswear retailer, The Wet Seal said it was closing 338 retail stores or around 66 per cent of its store count, effective on or about January 7, 2015. The apparel retailer decided to close the stores after assessing its ...
For its fiscal fourth-quarter 2014 (to end-September), Emcore Corp of Alhambra, CA, USA, which makes compound semiconductor-based components and subsystems for the fiber-optics market, has reported revenue of $43.7m, down 1.9% on $44.6m ...
Tags: Emcore, Fiber Optics, Electronics
Croatian food establishment Podravka is planning to shut down its Podravka Polska factory in Kostrzyn, Poland, in a move to reduce its operational capacity. Podravka has decided to locate its production operations for the European Union ...
Tags: meat, baby food, sweets, Agriculture
NYSE listed clothing retailer, Delta Apparel said its net sales dropped 6.23 per cent from the previous fiscal year for the fiscal year ended September 27, 2014. Net sales slipped $452.9 million for fiscal 2104 as against $483.0 million ...
Tags: strategic initiatives, Apparel
Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
For the thirteen weeks period ended November 1, 2014, net loss at clothing retailer Aeropostale more than doubled year on year as a result of huge amount of after tax charges. The retailer reported a net loss for the third quarter of 2014 ...
Tags: Clothing Retailer, tax charges, Apparel
$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
Children's specialty apparel retailer, The Children's Place said its net income for the thirteen weeks ended November 1, 2014 slipped 15 per cent from a year ago quarter. For the third quarter of 2014, net income at Children’s Place ...
Premium Brands, a producer, marketer and distributor of branded specialty food products, announced its results for the third quarter of 2014. * Revenue for the quarter increased by 15.2% to $330.4 million as compared to $287.0 million for ...
Tags: Premium Brands, Adjusted EBITDA, Agriculture
Denim jeans marketer, Levi Strauss & Co., will shed 500 jobs, primarily from signing a five-year strategic agreement with Wipro Limited, to outsource certain global business services. This decision comes in the new phase of its global ...