The Prada spa Board of Directors reviewed and approved the consolidated results for the quarter ended April 30, 2013 which show steady revenue and earnings growth. Highlights: - CONSOLIDATED NET REVENUES of Euro 782 million, +14% - ...
Tags: Prada Group, Apparel
Glaston's expectations for the development of the glass processing market in 2013 are cautiously positive. Following the measures implemented during the beginning of 2013 the company stands on a stable foundation and Glaston can focus on ...
Dairy Crest is poised for UK growth after the sale of its French spreads business, chief executive Mark Allen has confirmed. Dairy Crest results were 'modestly ahead of expectations', said Panmure Gordon Allen said: "The sale of our ...
Tags: Agriculture, Food
Specialist meat packing business Hilton Food Group is benefiting from its "broad geographic reach" despite the tough economic conditions, said City analyst Pamure Gordon. Hilton's wide geographic spread is helping to mitigate the full ...
Tags: Meat Packer, Hilton, Food
The Board of Directors of TXT e-solutions, chaired by Mr Alvise Braga Illa, approved the first quarter financial results for the period ended 31 March 2013. Highlights: - Consolidated Revenues: € 13.2 million (+13.8%), 51% from ...
Tags: TXT E-Solutions, Textile
Ermenegildo Zegna was one of the first luxury brands to set up shop in China, 21 years back, a decision that yielded rich dividends. Now with the new Lagos (Nigeria) store launch on 17th April 2013, Zegna is all set to expand into the ...
Tags: Ermenegildo Zegna, Apparel
Despite the global negative trend, that is likely to have an impact on the luxury industry in 2013, the Group will continue to invest to expand its retail network and to promote its brands, also in new African and Asian markets. ...
Tags: Retail, Apparel, luxury industry
Australians are demonstrating a less cautious approach to spending money, with more consumers planning to use their credit cards this quarter, while savings will be less of a focus. The Dun and Bradstreet Consumer Credit Expectations ...
Tags: economy
The Etam Group generated sales of €1,216.9 million in 2012, including a positive currency impact of €40.3 million relating mainly to the appreciation of the yuan against the euro. This represents an increase of 2.8% versus 31 ...
Tags: Etam Group, Apparel
In spite of difficult market conditions in its core fiber business, the Lenzing Group succeeded in achieving the second-best business result in its history in the 2012 financial year. This can be attributed to new record fiber sales volumes ...
Tags: Textile, Textile Industry
J. C. Penney Company, Inc. announced plans to enhance the Company's financial flexibility and position. As part of that process, and consistent with its previously stated plans, the Company has drawn $850 million out of its $1.85 billion ...
Mohawk Industries, Inc. today announced that it has completed the acquisition of the Marazzi Group for approximately $1.5 billion with a combination of cash and equity giving Mohawk the leading position in worldwide ceramic tile. The ...
Tags: Construction, ceramic tile
Meat firm Cranswick has posted “outstanding trading” both for the year to March 31 2013 and its fourth quarter, according to City analyst Shore Capital. Cranswick's results were driven by 'new product development, robust ...
The UK Financial Services Authority (FSA) has imposed a fine of 30m against companies of the Prudential Group (Prudential) for failing to inform the market regulator at the time of its proposed acquisition of AIA, the Asian subsidiary of ...
Tags: Financial Services, FSA, Financial
Meat packer Hilton Food Group, which supplies retailers such as Tesco, is expected to ride out the recent horsemeat contamination issue unscathed, following publication of its preliminary results for 2012 which showed sales up 5% to 1bn. ...
Tags: Hilton Food, Food, Meat