Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
US apparel marketer Gap Inc said it has been honoured for the ninth consecutive year by the Ethisphere Institute in recognition of fostering a culture of ethics and transparency at every level of the company. According to a Gap press ...
At a time when Chinese sportswear and casual attire makers were busy clearing their inventories due to a less clear-cut brand orientation, China's domestic high-end designer brands seem to be enjoying better fortunes. Chinese high-end ...
Tags: Apparel Brands, sportswear, casual attire
Organic products manufacturer Hain Celestial has acquired 80% stake that it does not currently own in EK Holdings and its wholly-owned subsidiary, Empire Kosher Poultry for $57.6m. Empire currently offers a full range of kosher ...
Tags: Agriculture, Food, Organic products food
Tirupur Exporters’ Association has welcomed today’s decision of the Reserve Bank of India (RBI) to reduce the Policy Repo Rate by 25 basis points (bps) from 7.75 per cent to 7.50 per cent, and urged banks to pass on the benefit ...
Tags: Repo Rate
For full-year 2014, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $508.2m, up 10.7% on $459m for 2013. 5N Plus provides purified metals such as bismuth, gallium, ...
Tags: 5N Plus, Commodity Pricing
For the fourth fiscal quarter ended January 31, 2015, Wal-Mart Stores, Inc, the biggest global retailer posted a 1.4 per cent year over year hike in consolidated net sales. Consolidated net sales for the fourth quarter amounted to $130.7 ...
Tags: Wal-Mart, e-commerce
Swiss chocolate maker Barry Callebaut has agreed to acquire industrial chocolate manufacturing assets from US-based World's Finest Chocolate. Both the companies have signed a new long-term outsourcing agreement to this effect. As per ...
Tags: industrial chocolate, Food
For the first fiscal quarter ended December 27, 2014, net loss climbed to $4.2 million or $0.53 per diluted share from a net loss for the prior year quarter of $1.6 million or $0.20 per share at Delta Apparel. “While lower sales ...
Tags: Delta Apparel, apparel marketer
For the fourth fiscal quarter ended January 31, 2015, net sales at NYSE listed and apparel marketer, Gap Inc rose 3 per cent year on year to $4.71 billion. For the fourth quarter of fiscal 2015, on a constant currency basis, net sales ...
Tags: Clothing Marketer, Apparel
Brand & Retail, the branded apparel segment at textile and denim major, Arvind Ltd witnessed sales surging 21.1 per cent year on year in the third fiscal quarter ended December 31, 2014. Net sales for the third quarter of fiscal 2015 in ...
In preliminary estimates, marketer of intimates’ iconic brand Victoria Secret, L Brands said its net sales for the fourth quarter rose 7 per cent year on year for the fourth fiscal quarter ended January 31, 2015. Net sales for the ...
Despite a delayed 2014 winter, sales in the third fiscal quarter ended December 31, 2014 at fashion apparel marketer Monte Carlo Fashions, surged 18.7 per cent from a year earlier quarter. Monte Carlo said revenues rose 18.7 per cent to ...
Tags: fashion apparel, apparel
The share of cotton from more sustainable sources used by furniture and home furnishings retailer, Ikea in its products reached 76 per cent and is on track to reach its goal of 100 per cent by August 2015. Sweden based Ikea Group released ...
Tags: Sustainable Cotton, Ikea Products
Exports from Tirupur, known for knitwear manufacturing, has reached Rs 15,000 crore in the first nine months of the ongoing fiscal year 2014-15, A Sakthivel, president of Tirupur Exporters’ Association (TEA) said in a statement. ...