Market research firm IHS Infonetics has published new vendor market share and preliminary analysis from its second quarter 2015 IHS Infonetics Optical Network Hardware report. According to the report, global optical network hardware ...
Tags: optical network hardware, WDM
Beijing is the top choice for Chinese travelers spending their recent three-day Dragon Boat Festival holidays, according to the Chinese National Tourism Administration. Data released by Beijing Municipal Commission of Tourism Development ...
Tags: Dragon Boat Festival, Tourism, Beijing
For third-quarter 2015, deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany has reported revenue of €54.6m, up 35% on €40.4m last quarter and up 19.7% on €45.6m a year ago due to increased scheduled ...
Tags: Aixtron, lighting market
Sonoco, one of the largest diversified global packaging companies, today reported consolidated financial results for its third quarter, ending 27 September 2015. Sonoco president and CEO Jack Sanders said: "We are encouraged by the ...
People’s Bank of China published the statement on improving the quotation of the middle exchange rate of RMB against the U.S. dollar on August 11. RMB depreciates against US dollars almost 4.6% in 4 days. This is the biased correction ...
Tags: foreign trade situation, rate of RMB against the U.S.dollar
The recent drop in the exchange rate between the Chinese yuan (RMB) and U.S. dollar, the so-called "black Monday" on China's stock market and successive steep fall of the primary commodity market allowed much of the world to accuse China of ...
Tags: stock market, RMB depreciation
For the second fiscal quarter ended August 1, 2015 net income at clothing retailer Guess dipped to $18.3 million, down 16.7 per cent as compared to $22.0 million for the second quarter of fiscal 2015. “Diluted earnings per share ...
Tags: clothing retailer, Apparel, e-commerce sites
For the second fiscal quarter of 2016 ended August 1, 2015, net sales at apparel marketer Gap Inc went down 2 per cent impacted by translation of net sales in foreign currencies into US dollars. For the three months to August 1, 2015 Gap ...
Tags: foreign exchange, Gap, Currency Impact
Global optical network hardware revenue (WDM and SONET/SDH) in second-quarter 2015 was up 22% on first-quarter 2015 but flat on a year ago, according to the Q2/2015 edition of the quarterly IHS Infonetics Optical Network Hardware report. ...
Net sales at clothing retailer American Apparel tanked 17.2 per cent year over year for the second quarter ended June 30, 2015. In the three months to June 30, 2015, net sales dipped 17.2 per cent to $134.4 million from $162.4 million for ...
Tags: apparel, apparel sale, apparel development
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
Over 100 million Chinese travel abroad every year, buying more luxury goods than any other nation. Shopping for the perfumes and designer clothes that can cost them twice as much at home is a major travel incentive. However, China’s ...
Tags: luxury goods, perfumes, designer clothes
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in a recent report. The People's Bank of China on Tuesday adjusted the ...
Global Brands Group Holding Limited, which owns long-term rights to the Sypder snow sports brand, reported sales declined 5 percent to $1.28 billion for the six months ended June 30 largely due to pruning of under performing brands and ...
Tags: apparel, footwear, fashion accessories
China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar