Debenhams has announced its trading update for the 15 weeks to 11th June. LFL sales grew by 0.2%, with online sales up 7%. In the 15 week period, gross transaction value rose by 0.5%, taking the cumulative YOY performance to growth of 1.3%. ...
Tags: clothing, sustainable growth
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
For fiscal fourth-quarter 2016 (ended 1 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $318.8m, down slightly on $320m a year ago but up 3.1% on $309.2m last ...
Tags: Finisar Corp, datacom product
Taiwan’s overall export orders in May totaled US$33.73 billion, down 5.8 percent year on year (photo courtesy of UDN.com).Taiwan's export orders received in May totaled US$33.73 billion, down 5.8 percent year on year to represent the ...
The latest Manpower Employment Outlook Survey results show that the steady increase in hiring intentions in Australia will continue into the third quarter of 2016. Of the 1,500 public and private employers surveyed, 13 per cent indicated ...
New data from IBISWorld shows the Australian egg farming industry is expected to generate AUD $759.6 million in revenue in 2015-16. According to IBISWorld, in the five years leading up to 2015-16, Australia’s free range egg ...
Tags: egg, farming industry, cage egg
Cabela's Inc. continues to explore selling World's Most Foremost Bank (WFB) and its retailing business in separate transactions even though such a sale could hurt the performance of both businesses, the company disclosed in a government ...
Tags: Cabela's Inc, WFB, shareholder value
Retail footfall in May was up 0.3% YOY, according to the latest BRC-Springboard Footfall and Vancancies Monitor. This was better than the 2.4% decline seen in April, and significantly above the three month average of -1.7%. High street ...
Tags: footfall, high street
The vast tracts of mangrove forest in the Beibu Gulf of Guangxi Zhuang Autonomous Region have been almost erased by the immense construction of marine reclamation lands and industrial plants. The sharp decline of the mangroves and marine ...
Tags: mangrove, marine species
China's export growth in yuan-denominated terms slowed to 1.2 percent year on year in May from 4.1 percent in April, customs data showed Wednesday. Imports grew 5.1 percent, significantly rebounding from a 5.7-percent decline in April, ...
Tags: China's export, Imports Rebound
LEDinside, a division of TrendForce, reports that the global average sales price (ASP) of 40-watt equivalent LED light bulb stood at US$9.6 in May, translating to a monthly drop of 1.6%. The global ASP of 60-watt equivalent LED light bulbs ...
Tags: LED industry, LED light bulbs
The landscape of the global OEM AIO (all-in-one) PC market will undergo a dramatic change in 2016 as number-two maker TPV-Inventa Technology begins making its gradual exit from the segment, according to Digitimes Research. Asia Vital ...
The sales of x-electric vehicles (xEV) in China reached a historic high of 300,000 units in 2015. Correspondingly, the market for xEV lithium batteries witnessed surging growth in the same period. In the fourth quarter, for instance, xEV ...
China will continue to offer potential for high growth to coffee beverage players, experts said. For, new consumers are being continually attracted to support the ready-to-drink or RTD coffee and coffee pod machines, they said. Hope ...
Tags: coffee beverage, coffee pod
According to new research released by Euromonitor International, global alcoholic drinks volumes registered a decline of 0.7% in 2015, entering negative territory for the first time in more than a decade. This translated into a loss of ...
Tags: Alcoholic Drinks, Alcoholic