The appreciation of Pakistani rupee against the US dollar has adversely affected export-oriented sectors, including textiles, and the Finance Ministry should look into resolving these issues, said Trade Development Authority of Pakistan ...
Tags: Textile Sector, textile industry
The Stockmann Group’s revenue was down 4.7 per cent on the previous year and amounted to EUR 141.1 million in March 2014. The decline was due to currency exchange rates, as the Russian rouble reached its weakest level ever against the ...
NIKE, Inc. reported financial results for its fiscal 2014 third quarter ended February 28, 2014. Despite the negative impact of changes in foreign exchange rates, earnings per share for the quarter were up 4 percent due to higher revenues ...
Global copper supply is expected to remain in surplus in 2014 and continue to exert downward pressure on prices, Australia's Bureau of Resources and Energy Economics forecast in its March quarter report. "Although consumption is forecast ...
Tags: Copper, copper supply, Copper prices
There is uneasiness that, following the release of China’s cotton policy, there will be pressure from Chinese buyers on Indian spinners to further reduce prices. In recent months, Chinese buyers have already lowered yarn buying ...
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 increase in infrastructure and maintenance spending by the private and public sector in South Africa, Nigeria, and Kenya is lending momentum to the industrial paints and coatings market in these countries. Nigeria presents the most ...
Tags: Industrial Paints, Coatings Market, coatings
Costco Wholesale Corporation announced its operating results for the second quarter (twelve weeks) and first half (24 weeks) of fiscal 2014, ended February 16, 2014. Net sales for the quarter increased six percent, to $25.76 billion, from ...
Adidas AG delivers exceptional fourth quarter results. “We finished 2013 with an exceptionally strong fourth quarter. Currency-neutral sales grew 12%, which was above our expectations,” commented Herbert Hainer, adidas Group ...
Luxottica said it set a new net sales record of more than €7.3 billion in 2013, an increase of 7.5 percent in currency-neutral (c-n) terms and 3.2 percent at current exchange rates compared to 2012. ADVERTISEMENT The Italian ...
Tags: Sporting Goods, Recreation, eyewear
Escalade, Inc. reported net revenues for the fourth quarter of 2013 were 14 percent higher than the same quarter last year. Net revenues for the full year 2013 were 11 percent higher than last year. Sales growth was driven by the Sporting ...
Tags: Sporting Goods, net revenues, Sales growth, product innovation
“2013 was the most profitable year ever for the Trelleborg Group, despite the fact that the anticipated economic recovery did not materialize. We further strengthened our market positions and closed in on the long-term targets we have ...
Tags: Net Sales, Trelleborg
The Stockmann Group’s revenue amounted to EUR 143.9 million in January 2014. Excluding the terminated Zara franchising operations in Finland, revenue was down 4.3 per cent on the previous year. Retail market continued to be very weak ...
Tags: Fashion Division, Apparel
Nissan Motor Co., Ltd. today announced cumulative financial results for the nine-month (April-December) period to December 31, 2013, and earnings for the third quarter of the fiscal year ending March 31, 2014. Nissan reported the ...
Component maker Delphi Automotive PLC said its fourth-quarter profit and revenue increased on strong growth in North America and Asia. The company earned $298 million, or 97 cents per share, up from $136 million, or 43 cents, a year ago. ...
Tags: Component, Delphi Automotive