The recent drop in the exchange rate between the Chinese yuan (RMB) and U.S. dollar, the so-called "black Monday" on China's stock market and successive steep fall of the primary commodity market allowed much of the world to accuse China of ...
Tags: stock market, RMB depreciation
It’s a long way from New York’s Madison Avenue advertising agencies to Gaborone, but for Botswana a lot is riding on the success of the ad campaign De Beers will launch in the coming weeks. Like oil-exporting countries now ...
Lululemon Athletica Inc. reported second-quarter earnings declined slightly but came in better than planned with same-store sales on a currency-neutral rising 11 percent. The yoga-themed retailer raised its guidance for the year. For the ...
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
SPTS Technologies Ltd (an Orbotech company that manufactures etch, PVD and CVD wafer processing solutions for the MEMS, advanced packaging, LED, high-speed RF on GaAs, and power management device markets) has surpassed $1bn in cumulative ...
Cadbury is launching a new chocolate brand Cadbury Coco in Australia. The brand will be available in blocks as well as gift package form. Cadbury Coco will consist mainly of dark chocolate but will come in different varieties. It will ...
Tags: Cadbury, Dark Chocolate
Indian innerwear and outwear marketer Dollar Industries has launched a premium men's undergarment brand, Force NXT. Milind Soman, brand envoy for Force NXT unveiled the logo of Force NXT in the presence of Vinod Gupta, managing director ...
Tags: Dollar Industries, innerwear, outwear
Every dollar invested by Australian Wool Innovation (AWI) over the past three years has delivered a $2.90 return to wool growers. “The benefits of AWI's investment in R&D and marketing have been detailed in the recent 'Review of ...
Tags: wool, wool growers
Non GAAP earnings per share at US apparel marketer PVH Corp which has brands like Tommy Hilfiger and Calvin Klein in its portfolio rose 11 per cent year over year for the second fiscal quarter ended August 2, 2015. Earnings per share on a ...
Tags: apparel marketer, Calvin Klein
For the second fiscal quarter of 2016 ended August 1, 2015, net sales at apparel marketer Gap Inc went down 2 per cent impacted by translation of net sales in foreign currencies into US dollars. For the three months to August 1, 2015 Gap ...
Tags: foreign exchange, Gap, Currency Impact
In the first fortnight of August, cotton prices kept on rising in the Brazilian market, pushed up by the low domestic supply and although harvesting season has begun. According to a CEPEA report, sellers pulled back and held on to good ...
Tags: cotton prices, cotton
Australia is importing more pre-converted corrugated boxes than ever before, and paying increasing amounts to do so. A new report released by IndustryEdge has revealed Australian imports of pre-converted corrugated boxes have grown at an ...
Tags: packaging, packaging material, carriage, bags
The short-term outlook for biomaterials in coatings and related sectors in Europe has been looking grim in the wake of the fall in the oil price. However companies along the biomaterials value chain in the region are not overtly concerned. ...
Tags: biomaterials, coatings
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
FGL cretail sales and same-store sales grew 6.8 percent and 4.8 percent respectively in the second quarter ended July 4, compared with the same period last year, parent company Canadian Tire Corporation (CTC), Limited reported Thursday. ...
Tags: sports goods, FGL cretail sales