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Industry Views
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Tom Tailor Net Income in January to September 2014 Period, Amounted to Eur 1.8 Million
Nov 17, 2014Germany based apparel marketer, Tom Tailor Group posted a smart turnaround in its net income, which slipped into black for the first time in two years, in the first nine months of 2014. For the first time in two years, Tom Tailor Group ...
Tags: apparel marketer, retail sale, Apparel
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Bebe Stores Says Gross Margin of Net Sales Fell to 32.1% in First Quarter of Fiscal 2015
Nov 17, 2014Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
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Amazon Sets to Open Its Digital Market for Spreadshirt Sellers in UK
Nov 17, 2014Amazon, one of the leading online retailers in the world, is set to open its digital market for Spreadshirt sellers in UK. Spreadshirt is one of the world’s leading e-commerce platforms for on-demand printing of clothing and ...
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In The Second Quarter of Fiscal 2014-15, Revenues and EBITDA Surged 22% and 21%
Nov 17, 2014In the second quarter of fiscal 2014-15, revenues and EBITDA surged 22% and 21%, respectively, from a year ago quarter, at Welspun India, a part of the $3 billion BK Goenka led, Welspun Group. Steered by strong volume growth, revenue at ...
Tags: EBITDA margin, Welspun India, Textile
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Net Profit at Exxon Mobil Totalled $8.07 Billion, up 3 Percent From $7.87
Nov 17, 2014Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
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IPL Great Platform for Brands to Convey Their Core Promise to a Much Wide Audience
Nov 17, 2014“Sports events like IPL are a great platform for brands to not only convey their core promise to a much wider audience, but also to make a stronger and more enduring bond,” informs the Indian head of sportswear brand, U.S. Polo ...
Tags: sportswear brand, sportsmanship, Apparel
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The Importance of Logistics: Enhancing Efficiency
Nov 17, 2014“The one biggest area within the cotton industry which holds the potential for improvement and efficiency is logistics,” said three speakers at the ICAC Plenary Meeting held in Greece. That was the takeaway message delivered ...
Tags: cotton industry, Costs of logistics, Textile
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EBITDA Soares 38% Year-on-Year to $13.5 Million in The Q314
Nov 17, 2014Adjusted EBITDA at NYSE listed, American Apparel, a marketer and retailer of clothing soared 38% year-on-year to $13.5 million in the third quarter ending September 30, 2014. However, net loss for the third quarter of 2014 shot up ...
Tags: Adjusted EBITDA, American Apparel, Apparel
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In Q314, Checkpoint Systems Reports Highest Gross Profit Margins in The Last Ten Years
Nov 17, 2014Checkpoint Systems, Inc, a RFID solutions provider for the retail industry, said in the third fiscal quarter of 2014, it reported the highest gross profit margins ever seen in the last ten years. Gross profit margin at Checkpoint expanded ...
Tags: RFID solutions, Gross profit margin, Textile
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Q2FY15 Standalone Net Sales Climbed Slower by 2.14 Percent to RS 1264.46 Crore
Nov 17, 2014In its unaudited standalone financial results for the second fiscal quarter ending September 30, 2014, Indian textile major, Arvind Ltd reported a 4.13 percent year-on-year rise in net profits. Arvind, an integrated textiles producer, ...
Tags: Indian textile major, net profits, Textile
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SNGPEL Urged to Reverse Its Decision to Cut The Gas Supply for The Textile Industry
Nov 17, 2014Top industrial associations of Pakistan have urged Sui Northern Gas Pipelines Limited (SNGPL), one of the largest integrated gas companies in Pakistan, engaged in the business of transmission and distribution of natural gas, to reverse its ...
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Abercrombie&Fitch's Net Sales for Third Quarter of 2014 Went Down 12% to $911.4 Million
Nov 17, 2014In an update on its third fiscal quarter ending November 1, 2014 performance, Mike Jeffries led apparel retailer, Abercrombie & Fitch said its sales slipped 12%, from a year earlier quarter. Net sales for the third quarter of 2014 went ...
Tags: Mike Jeffries led apparel retailer, Net sales, Apparel
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Levis to Lay off 500 Employees From Signs an Agreement with Wipro Limited
Nov 17, 2014Denim jeans marketer, Levi Strauss & Co., will shed 500 jobs, primarily from signing a five-year strategic agreement with Wipro Limited, to outsource certain global business services. This decision comes in the new phase of its global ...
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Indian Govt Asks CCI to Procure More Cotton at MSP by Opening New Procurement Centres
Nov 17, 2014The Cotton Corporation of India (CCI) has been asked by the Indian Government to procure more cotton at minimum support price (MSP) by opening new procurement centres. At a meeting held in New Delhi, Union Agriculture Minister Radha ...
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Cambodia's Labour Minister Announces The New Minimum Wage of Us$ 128 Per Month
Nov 17, 2014Cambodia’s Labour Minister Ith Sam Heng has announced the new minimum wage of US$ 128 per month, after the ministry’s 28-member Labour Advisory Committee (LAC)—made up of government, union and factory ...
Tags: new minimum wage, Apparel
