More steps necessary to reverse trend, says government think tank China may need more time to reverse the current economic downturn than previously expected, and further measures are necessary to prevent an accelerated cooling, a leading ...
Tags: economic downturn, China economy
Sportsman's Warehouse Holdings Inc. reported same store sales decreased by 5.3 percent in the fourth quarter, compared with a 6.2 percent decline in the prior quarter and an 8.4 percent decline for the full year. The Utah-based retailer ...
Tags: Sportsman, Sporting Goods
Net sales for the fourth fiscal quarter ended January 31, 2015 at NYSE listed and off price apparel retailer, Burlington Stores lifted 11.3 per cent from a year earlier quarter. Burlington said its net sales increased 11.3 per cent ...
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday. ...
Substantial investment in its infrastructure, the addition of new product ranges and major increases in online sales have helped retailer Lee Longlands, which boasts stores in Birmingham, Cheltenham, Leamington Spa, Abingdon and Derby, ...
Tags: operating profit, Furniture
Axalta Coating Systems Ltd. has announced its financial results for the quarter ended September 30, 2014. The results contained in this earnings release reflect the results previously filed in Form 10-Q on November 14, 2014. Key ...
Sportsman's Warehouse Holdings, Inc. completed the refinancing of its existing $235 million senior secured term loans at a lower interest rate and has increased the borrowing capacity under the terms of its revolving credit facility. These ...
Tags: Warehouse, Sporting Goods
Tata Steel UK Holdings Limited, a subsidiary of India-based Tata Steel Limited, has announced that it has executed agreements for the refinancing of its bank debt through term loan and revolving credit facilities of €3.05 billion. ...
Tags: Tata Steel, Refinancing Agreements
Although revenue rose 12% year-on-year, net income at multi-brand retailer of women's, men's and children's apparel J.Crew Group, Inc. plunged 38.28% in the second fiscal quarter of 2014. Net income dived 38.28% to $17.5 million in the ...
Tags: Apparel, Accessories, Children's apparel
Aussie apparel retailer Billabong International Limited was able to significantly reduce its net loss in the fiscal year ending June 30, 2014, when compared with fiscal year of 2013. Including significant items and discontinued ...
The apex bank of Bangladesh has extended its refinancing scheme of easy loans to the garment sector for improving safety standards in garment production units. This loan upto Taka 10 million, which can be borrowed from commercial banks or ...
Tags: Bangladesh, Safety, Apparel
Tempur Sealy International, Inc., the world's largest bedding provider, announced financial results for the second quarter ending June 30, 2014. The Company updated financial guidance for 2014. Second Quarter Financial Summary: ...
Tags: Tempur Sealy, Q2 Sales, Textile
Triumph Group, Inc. reported financial results for its first quarter of fiscal year 2015, which ended June 30, 2014. Highlights: -Net sales for first quarter fiscal year 2015 were $896.9 million -Operating income for first quarter ...
In the first half of 2014, Dufry’s turnover reached CHF 1,707.9 million and grew by 6.7% in constant FX rates and 2.4% when translated into Swiss Franc. Organic growth accelerated in the second quarter to 5.0% from 2.2% in the first ...