PPR posted third-quarter 2012 revenue of €2.6 billion, up 6.6% versus the same 2011 period on a comparable basis. PPR's Luxury division posted an 11.9% leap in revenue in the third quarter of the year, driving revenue growth for the ...
Tags: revenue, strong performances, luxury and high-end market
Reuters reported that China's boycotts of Japanese cars over a territorial dispute will shave about 550,000 tonnes, or about 2%, off Japan's fourth quarter steel output. A government survey of steelmakers showed that violent protests ...
Tags: steel market, steelmaker, boycotts of Japanese products
Chiquita Brands International has swung to a first-half loss as a drop in sales and higher sourcing costs hit profits. In the six months to the end of June, the US produce giant booked a net loss of US$6m compared to earnings of $102m ...
Tags: Chiquita Brands International, sales, sourcing cost, net loss
Swiss food manufacturer Huegli has said its 2012 profits will not hit its forecasts after a drop in sales in recent months. Huegli, which makes products from soups to desserts, saw revenues increase in the first half of the year but ...
Tags: Huegli, profits, sales drop, food industry
US canned vegetables maker Seneca Foods returned to profitability in its first quarter, despite recording a drop in sales. Earnings in the three months ended 2 July amounted to US$8.2m compared to a net loss of $8m in the prior-year ...
Both firms will co-operate in developing next-generation displays for mobile phones and tablet computers US based chipmaker Qualcomm will invest about JPY9.9bn ($121m) in the struggling Japanese electronics firm Sharp which could be used ...
Tags: displays, mobile phones, tablet computers, Qualcomm
Company will reduce its investment budget from €500M to approximately €400m during this year German chipmaker Infineon Technologies is planning to implement drastic cost cutting measures, cut in investment and lay off ...
Carrefour CFO Pierre-Jean Sivignon has insisted he expects a series of measures to help improve the retailer's performance after it reported another quarter of falling sales in its domestic market. Speaking on the firm's earnings call ...
Tags: Carrefour, hypermarkets, retailer, market
Lakshmi Machine Works Limited, a leading textile machinery manufacturer in India and one among the three in the world to produce the entire range of spinning machinery, has posted a sharp decline in its net income as well as profit during ...
Tags: textile machinery, spinning machinery, net profit, textile industry
(000 metric tonnes)9M'129M'11change Semi-finished products1,9662,599-24% Iron311368-15% Slabs1,0431,920-46% Square billets61231197% Finished products6,6227,126-7% Flat products4.4414,978-11% Long products1,9041,952-2% Rail ...
Tags: metal products, Metinvest, flat products
German manufacturers of garment, leather technology and textile cleaning machinery are anticipating a slight drop in sales of 3 per cent in real terms for 2012 compared to 2011. A turnover increase of 4 per cent in real terms is forecast ...
BERLIN, Germany — November 16, 2012 — German manufacturers of garment, leather technology and textile cleaning machinery are anticipating a slight drop in sales of 3 per cent in real terms for 2012 compared to 2011. A turnover ...
ST. LOUIS --- Furniture Brands International reported today that it cut its third-quarter net loss to $18 million on a 0.9% drop in sales. The most recent quarterly loss, which equals 33 cents per share, compares with a net loss of $24.5 ...
Tags: Furniture
Small LED lighting producers in China are banding together to take on the industry`s multinational giants in the West The invention of incandescent lamps by American inventor Thomas Edison more than a century ago not only marked the ...
Nexxus Lighting Inc. unveiled a $6 million investment from Aston Capital LLC and said the private equity firm's Chairman and Chief Executive Robert LaPenta will become Nexxus's new chairman. Upon the closing of Aston's investment, all of ...
Tags: LED light