Good dynamics across all segments helped sales at German apparel marketer Tom Tailor Group climb 3.8 per cent year over year for the first half ended June 30, 2015. “Sales increased 3.8 per cent €441.5 million in the reporting ...
Tags: apparel, textile industry, fashion industry
For fiscal 2015 (ended 27 June), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $341.3m, down 12.7% on fiscal 2014's $390.9m. This is due to a 25% ...
Tags: laser product, telecom products
Indonesian President Joko Widodo and the visiting British Prime Minister David Cameron have expressed their commitment to improve economic ties between the two nations. Addressing a joint press conference in Jakarta, Cameron said, ...
Tags: Economic Ties, engineering, energy
China collected 5.94 trillion yuan (969 billion U.S. dollars) in taxes in the first half of this year, up 6.3 percent year on year, new data showed on Monday. The growth pace was in line with the overall economic growth in the first six ...
Tags: Tax Revenue, China economy
In the nine months to May 31, 2015, sales soared 23.9 per cent year over year at Japanese apparel marketer retailer Fast Retailing Group, which has in its portfolio clothing brands like Uniqlo, etc. In the period between September and May ...
The government has sought to allay fears of traders over "complexities" of the Goods and Services Tax (GST) with finance minister Arun Jaitley saying that the proposed taxation system will end the cobweb of various taxes and "miseries" ...
Tags: textile manufacture, GST
Textile mill owners in Pakistan’s Punjab province who had announced a voluntary closure of their mills a few days ago, have now called for a ‘forced closure’ after Eid, the Pakistani media has reported. The millers ...
The UK Government plans to make changes in the labeling of medicines issued under the National Health Service (NHS), to let the patients realize that the cost of the medicines and discourage wastage. The new labels will include the ...
Tags: medicines labeling, Packaging
The governments of India and Thailand have signed the double taxation avoidance treaty (DTAT). The treaty was among a number of important agreements signed by India’s external affairs minister Sushma Swaraj and Thai deputy prime ...
Tags: double taxation avoidance treaty, economic cooperation
The Chinese government is considering reform of the individual income tax system this year, finance minister Lou Jiwei said Sunday. China grossed 443 billion yuan (71 billion U.S. dollars) in 2014 from individual income tax, 3.2 percent ...
The study shows that M&A activity has slightly boosted the European packaging industry during a difficult time, with key deals having been completed in the UK. The study, 'Investment Analysis of the European Packaging Industry', also ...
Tags: Packaging, Printing, European Packaging
China is to reduce import taxes by more than 50 per cent on some consumer goods, including apparel, in a bid to encourage an increase in domestic spending, according to media reports. The Chinese finance ministry has said that it will ...
Tags: Import Duty, Consumer Goods
Once implemented, the Goods & Service Tax (GST) may in particular, impact Indian ecommerce retailers, who may witness their costs going up. Costs may move northwards for online retailers or their vendors as they would be liable to pay ...
Tags: Indian Ecommerce Players, Apparel
Nigeria’s textiles traders are a worried lot over the increasing Chinese footprint in the country. While the proliferation of Chinese-made textiles is a boon for low income consumers, traders in Kano, northern Nigeria’s biggest ...
Tags: textile market, textiles
FGL Sports' retail sales and same store sales were both up 8.6 percent in the fiscal first quarter ended April, 4 as same store sales at its flagship Sport Chek chain grew 8.7 percent, according to financial results released Thursday ...
Tags: FGL Sports, Canadian Tire