The H&M Group’s sales including VAT increased in local currencies by 12 percent during the first quarter. Converted into SEK, sales excluding VAT amounted to SEK 32,143 m (28,392), an increase of 13 percent. Gross profit amounted ...
Tags: H&M, online markets, H&M stores
PVH Corp. reported 2013 fourth quarter and full year results. GAAP loss per share was $(0.46) as compared to the prior year’s fourth quarter earnings per share of $1.09. Highlights: -Fourth quarter Non-GAAP EPS of $1.43 ...
Tags: Calvin Klein, PVH Corp, Apparel
Nike Inc. reported earnings rose 3.5 percent in the third quarter, to $685 million, or 76 cents a share. Revenues advanced 12.7 percent to $6.97 billion. Both earnings and revenues surpassed Wall Street targets. Nike Brand revenues grew ...
Tags: Nike, Sporting Goods, Apparel, Accessories
The Solvay Group announces its 4th quarter and full year 2013 Business Review Q4 Highlights • Group net sales at € 2,417 m, down (5)% yoy, with volumes (1)%, prices (3)%, forex (4)% and scope 3%. Allowing for CER phase ...
Tags: Solvay Group, Business Review
Oil futures settled higher Monday on support from firm US equities, geopolitical tensions and an easing of Libyan oil output, but the upside was limited by weak Chinese and eurozone data. NYMEX April crude settled 62 cents higher at ...
Tags: Oil Futures, oil output
For 2013, Rexam posted a 1% rise in sales to £3.9bn. Underlying profit before tax was up 4% to £372m. The group also hit 15.5% return on capital employed (ROCE), up on the 14.5% in 2012. Rexam’s total dividend is up 14% to ...
South Africa's target of building 8.4GW of solar photovoltaic (PV) capacity by 2030, combined with the success of its large-scale tendering process in attracting investment to fulfill that goal, positions the country as the most attractive ...
Wolverine Worldwide reported financial results for both the fourth quarter and full year ended December 28, 2013. Full-year results include a full 52-week contribution from the Company's October 2012 acquisition of the Sperry Top-Sider, ...
Tags: Wolverine Worldwide, Apparel
On January 7, 2014 the National Development and Reform Commission (NDRC) in China gave its approval of the establishment of a joint venture between the Volvo Group and Dongfeng Motor Group Company Limited. Before completion of the ...
Tags: NDRC, DFCV, DFG, joint venture
In Q4 Unipetrol Group posted operational profit EBITDA LIFO of CZK 252m. Due to lower petrochemical and refinery production sales, as well as refining margins, revenues of the Company decreased by 5% y/y and in Q4 amounted at CZK 25.070 bn. ...
Tags: Unipetrol Group, Textile
The stable and good momentum of economic growth in recent months will ensure that China is able to fulfill its expected growth target. The question is how long this growth momentum can last. The consensus is that China’s economy is ...
Tags: Economic Growth, China's economy
China's business climate index, a major gauge of the country's macroeconomic outlook, dropped in the fourth quarter, according to data released on Monday. The index was 119.5 points for the fourth quarter, down two points from the ...
The price of iron ore is predicted to drop this year as growth of China's steel production slows and the supply of raw materials from international mining giants increases, according to industry experts. An estimate from UBS AG earlier ...
Tags: Iron Ore, Raw Materials
Macy's, Inc. announced that its comparable sales, together with comparable sales from departments licensed to third parties, rose 4.3 percent in the 2013 holiday shopping season the months of November and December combined compared with the ...
Tags: Macy, comparable sales, rise, holiday shopping season
Macy's announced late Wednesday record holiday sales while simultaneously cutting 2,500 jobs and detailing plans to close five stores. As reported in Retailing Today, the nation's leading department store retailer late Wednesday issued ...
Tags: Macy, holiday sales, organizational changes, Terry Lundgren