The Government of Australia will reduce tariff on import of textiles from Pakistan beginning 2015, Australian High Commissioner to Pakistan Peter Heyward has said. Speaking at the fourth annual dinner of the Pakistan Australia Business ...
Tags: import of textiles, bilateral trade, Textile
Pakistan-based International Textile Ltd (ITL) has deployed SAP’s business software solutions by entering into a partnership with SAP, to bring technology-driven success across its international textile manufacturing. To support ...
For the third fiscal quarter of 2014, gross margin at apparel retailer JC Penney expanded 710 bps over the same quarter of the previous fiscal year. In the third quarter ending November 1, 2014, gross margin stood at 36.6 per cent of ...
Tags: apparel retailer, gross margin, Apparel
Revenue and EBITDA surged 17 and 52 per cent, respectively from a year ago quarter at the fashion and lifestyle business of Kumaramangalam Birla led, Aditya Nuvo, in the second fiscal quarter ended September, 30, 2014. Led by revenue ...
Tags: Pantaloons, Jaya Shree Textiles, Apparel
Net profit for the second fiscal quarter ending September 30, 2014, slipped 30.2% year-on-year at value-added yarns and home textile producer - Sutlej Textiles and Industries Ltd (STIL). In the second quarter of fiscal 2014-15, profit ...
Tags: Sutlej Textiles and Industries Ltd, topline performance, Textile
Germany 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
In 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
Contract logistics provider, DHL Supply Chain said Levi Strauss India (Pvt.) Ltd, moved into its new, multi-client site at Bengaluru, and is among the first customers to move in to the state-of-the-art DHL facility, which became operational ...
Tags: DHL Supply Chain, DHL's new multi-client site, Apparel
US-based Boulevard Brewing has started construction on an expansion project in Kansas City, Missouri which will increase the company's fermentation capacity by 40%. The $12m Cellar Five project includes a fermentation facility spanning ...
Tags: Brewing Engineering, fermentation facility, Agriculture
Japanese barcode printing, labelling, and EPC/RFID solutions provider SATO plans to establish two new group companies – SATO Global Solutions and SATO International - in line with its global growth expansion strategy. While SATO ...
Tags: SATO Global Solutions, SATO International, Agriculture
Volvo has announced that it is expanding production at its new facility in Daqing, China where it will produce SPA Volvo sedan. The facility is expected to produce cars based on Scalable Product Architecture (SPA), and the facility ...
Tags: SPA Volvo sedan, Auto
Gold demand dropped in China during the third quarter of the year to a five-year low amid slumping prices and a nationwide anti-graft campaign, the World Gold Council said on Thursday. According to the WGC, the latest trends put China ...
Tags: Gold demand, Gold Products
Bolton-based family-run furniture and home accessories company, Global Interiors, is set to dramatically expand its operation after receiving a £80k BFS Business Loan which is drawn from a £24m fund delivered by Business Finance ...
Tags: family-run furniture, Furniture
UAE-based Alliance Plastics will be investing around $4-5.4m (Dh15-20m) in the first phase of facility expansion to meet the growing demand for industrial plastic packaging products from the local and GCC markets. The company has invested ...
Tags: plastic packaging, Agriculture
Diageo is postponing plans to expand production capacity in Scotland citing reducing demand for spirits. According to the company, the slump in demand for spirits is due to economic slowdown across the globe. Earlier in 2012, Diageo ...