The Stockmann Group’s preliminary revenue amounted to EUR 232.1 million in December 2013. Excluding the terminated franchising operations in Russia and Finland, revenue was down 6.1 per cent on the previous year. Christmas sales were ...
Tags: Apparel, Stockmann Group
Oil prices fell Wednesday as the government report showed bigger-than-expected increases in gasoline supplies of the United States. Energy Information Administration (EIA), the U.S. Energy Department's statistical arm, on Wednesday ...
Tags: Oil Prices, Mineral
As the surprisingly rough start of trading this year suggests, continued gains in Japanese stocks are premised on a delicate balance of factors. For the first time in six years, the market did not ring in the New Year on Monday, the ...
Tags: Global Economy, Japan
Amidst a muted performance from its textiles business, Japan’s Fujibo Holdings, Inc. witnessed a dip in its overall sales revenue in H1 FY 2013-14. The company, which is engaged in the manufacture and sale of spun yarn, textiles ...
A bank in Yunnan province has started to provide direct currency exchanges between Chinese yuan and Thai baht, a move aimed at further opening up Southwest China to Southeast Asia. Tourism agencies say there is an increasing demand for ...
The pace of Chinese economic reform would surprise people, and it will be faster than commonly expected, said Blu Putnam, Chief Economist at Chicago Mercantile Exchange (CME) Group, in London. China appears to be choosing to accelerate ...
Tags: Economic Reform
It was a shortened trading week due to the Christmas holiday, and ICE cotton futures started the week non eventful, but finished it with three digit gains. The H4 contract topped over 85 cents and reached a two and a half month high during ...
Tags: Cotton Futures, Textile
After the Chinese government denied bitcoin as legal tender, it is once again feeling the squeeze in India. "There is no underlying or backing of any asset for virtual currencies. As such, their value seems to be a matter of speculation," ...
The lead-time indicators for passive electronic components have demonstrated anemic market performance for the past two years suggesting lackluster demand from end-use markets. Raw material pricing has been trending downward, which bodes ...
Tags: Passive Components, Electrical, Electronics, indicators
The yuan is expeceted to become one of the major global settlemet, payment, trading and reserve currencies in the next 15 to 20 years. According to the presiden of the Bank of China, the total volume of yuan-denominated, cross-border trade ...
Tags: Service, Yuan, Reserve Currency
The traditionally low-cost pasture-based dairying regions, such as Australia, have lost their cost advantage as input prices have risen, and now compete on the global market with a similar cost of production to producers with more intensive ...
Tags: Milk, Agriculture, Food
The Shanghai benchmark copper contract for delivery in February declined by 0.78 percent on the Shanghai Futures Exchange (SHFE) Friday compared to Thursday, ending at 51,160 yuan ($8,429.59) per ton. However, it still climbed by 0.49 ...
Tags: Copper Futures, Mineral
Stockmann Group' announces revenue in November 2013. The Stockmann Group’s revenue amounted to EUR 158.2 million in November 2013. Excluding the terminated franchising operations in Russia and Finland, revenue was down 4.5 per cent ...
Tags: Stockmann, Fashion Chain Division
China's yuan has overtaken the euro to become the second most-used currency in international trade finance. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) said the market share of the yuan, also known as the ...
AEPC organized its annual export award function 2013 for outstanding export performance for the year 2012-13, at apparel house, Gurgaon. Dr. K S Rao, Union Textiles Minister, came to deliver awards in presence of Smt. Zohra Chatterji, the ...
Tags: Apparel Exports, Textile