After the exports of the Turkish textile and apparel sector to Greece went up 9.1 per cent to $116 million in 2014, the first five months of 2015 concluded with a 19 per cent decline, according to Istanbul Textile and Apparel Exporters ...
DS Smith is expanding its market share in Spain after agreeing to buy Spanish company Grupo Lantero's corrugated products business. The recyclable corrugated packaging provider said the €190 million purchase, including assumed debt, ...
Tags: DS Smith, corrugated packaging
Shanton Fashions, which operates a chain of women's clothing stores in New Zealand, has gone into liquidation that could threaten dozens of jobs, the media has reported. Although 18 stores are still trading, an initial report by ...
Sales of China heavy trucks decreased 33% in the first five months this year over last year, and we predict that the sales will recover in the second half year. The drastical decreasing sales of heavy trucks can be attributed to the ...
Tags: Heavy Trucks, Trucks
Opus Group has signed a binding agreement to sell 100% of Opus Equipment to MECA Scandinavia , a subsidiary of Mekonomen Group. The sale streamlines Opus Group's operations focusing on being a leading global vehicle inspection company. ...
Tags: Opus Group, Opus Equipmen
Despite an Australian economy growing at a moderate 2.3 per cent according to March quarter figures released by the ABS this month, the latest data on trade payments reveals that businesses are paying their invoices at the fastest rate on ...
Tags: Australian economy, payment times
Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
For the first fiscal quarter ended May 2, 2015, net income doubled over the same quarter of previous fiscal at apparel retailer and NYSE listed, Tilly’s, Inc. Net income for the first quarter of fiscal 2016 reached $1.3 million, or ...
Tags: apparel retailer, Apparel
Remington Outdoor Company reported sharply higher losses in the first quarter ended March 29 as sales declined by $53.9 million, or 21.2 percent. The country's largest manufacturing of firearms said sales reached $201.3 million compared ...
Tags: Remington Outdoor, Sporting Goods
Australia has dropped another place in world competitiveness rankings, falling further in economic performance and government efficiency rankings, raising concerns about our competitiveness as a smart economy. In releasing the Australian ...
Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
South African retail heavyweight Christo Wiese through his private equity vehicle Brait SE has acquired 90 per cent stake in UK fast fashion apparel retailer New Look. Brait SE has acquired the stake for £780 million, primarily ...
Tags: Brait, Apparel Retailer, Apparel
Driven by Bonita brand sales, revenue in the first quarter ended March 31, 2015 rose 3.4 per cent year over year at German apparel marketer Tom Tailor Group. “And also despite a challenging environment, we were able to hike sales by ...
Tags: Bonita, apparel, textile market
China is set to boost local debt swap by admitting municipal bonds as collateral for borrowing. Under the new rule, banks can pledge municipal bonds as collaterals in the central bank's repurchase agreement operations and other liquidity ...