Levi Strauss & Co announced leadership changes in its executive team with the creation of regional presidents for the Americas, Europe and Asia. This is part of a natural evolution of the company’s organization structure to further ...
Tags: Levis, Regional Presidents
Dorel Industries will lay off 50 people worldwide across the recreational and leisure segment as a result of a soft first half, the company announced in a statement early Thursday. The segment includes Cannondale, Schwinn, GT, Mongoose, ...
Tags: Transportation, bike
Net income declined 11% to $34,515,000 from $39,860,000 for the period ended May 4 and included a $0.25 a share impact, largely related to inventory reserve, for the retailer’s foray into luxury merchandise. Revenues rose 8% to ...
Tags: DSW, Sporting Goods
In April this year, Italian crude steel output decreased by 11.6 percent year on year to 2.115 million metric tons, according to the figures released by the Italian steel producers association Federacciai. April is the 13th month in a row ...
Tags: Crude Steel, Metallurgy
The NPD Group reports that Kids' Activewear Grew In Double-Digits; Activewear outpaced the total kids' apparel market. The NPD Group, a global information company, reports that the total kids' apparel market was worth an estimated $30 ...
Tags: Kids Activewear, Apparel
Propelled by a 25% increase in the first quarter at Vans and stronger gross margins, VF net income rose 26% to $270,417,000 from $215,216,000 for the three months ended Mar. 31 on a 2% revenue increase to $2,582,230,000 compared to ...
Tags: Vans, Outdoor&Action Sports
A Market research company says that the decline in the price of LED light sources helped to trigger growth in the market. According to the company revenues grew from $7.3 billion in 2011 to $9.4 billion in 2012, a growth of 28%. The company ...
Tags: LED luminaires, LED, luminaires
The emerging market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors is forecast to grow a factor of 18 during the next 10 years, energized by demand from power supplies, photovoltaic (PV) inverters and industrial ...
Energized by demand from power supplies, photovoltaic (PV) inverters and industrial motor drives, the emerging market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors is forecast to grow a remarkable factor of 18 ...
Supplier sales were down double digits through the first quarter as unseasonably cold and snowy weather continued to hammer many parts of the country in March, according to the BPSA Topline for Cycling RetailTRAK from Leisure Trends ...
Tags: Supplier sales, Transportation
For the quarter ended March 30, 2013, net sales declined 3 percent to $945 million, operating profit increased substantially to $85 million, and EPS improved to $0.51 from a $0.25 loss a year ago. While net sales for the first quarter ...
Tags: Hanesbrands, Apparel
Even though PC shipments were down 14% last quarter, Microsoft's Windows division yesterday posted revenue about the same as the last year, making up for slumping sales to OEMs with impressive growth in long-term licensing agreements sold ...
Tags: Windows 8, software, Computer Products
The NPD Group, Inc., a global information company, released results from its Consumer Tracking Service for 2012. The U.S. men’s apparel market grew 1 percent in 2012 with total sales of 57 billion dollars with the average selling ...
Tags: Apparel Market, Apparel
Despite stronger-than-expected growth during the fourth quarter, 2012 was still a miserable year for the semiconductor market and suppliers, with only eight out of the Top 25 chipmakers managing to eke out revenue growth—but nine ...
Cleveland-area retailer Eddy’s Bike Shop has expanded its North Olmsted location, doubling in size to more than 10,000 square feet. It’s the second expansion for the store, which grew to 5,000 square feet from 3,000 four years ...