With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
The Shanghai Gold Exchange will try to start offering the renminbi-denominated gold-fixing price this year, as an alternative to the dollar-denominated gold-fixing in London, a top bourse official said on Wednesday. SGE head Xu Luode said ...
Tags: Shanghai Gold Exchange, Gold Price
Net sales for the fourth quarter of 2014 ended January 3, 2015 at US based and NYSE listed apparel marketer, Kate Spade & Company zoomed 44.7 per cent year on year. Net sales for the fourth quarter of 2014 totaled to $399 million, up a ...
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon. Hot money is speculative money that flows ...
In the fourth quarter of fiscal 2015 which had 14 weeks, net sales at kids apparel retailer, Carter’s, Inc rose 12.9 per cent from the fourth quarter of fiscal 2014 which had 13 weeks. Carter’s said, consolidated net sales ...
Tags: Carter's, Apparel Retailer, Apparel
Owing to its large population and rising disposable incomes, India continues to be an attractive long-term retail destination, says the Economic Survey 2014-15. Citing AT Kearney’s Global Retail Development Index (GRDI), the ...
Tags: retail destination, Apparel
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
Driven mainly by a stronger demand in the Americas, sales in the fourth quarter of 2014 recovered and rose by 6.3 per cent from the year ago quarter, at sports goods and apparel marketer Puma. “In comparison with fourth quarter of ...
Tags: Puma, sports goods
Net sales for the fourth quarter ended December 31, 2014 at Columbia Sportswear Company zoomed 27 per cent year on year. Columbia said it recorded net sales of $677.0 million for the fourth quarter of 2014, up a massive 27 per cent or ...
Tags: Columbia Sportswear, Apparel
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
Akzo Nobel N.V. has reported positive volume growth and an improvement in return on sales (ROS) for the full-year 2014. Excluding incidentals, ROS was 7.5 percent (2013: 6.1 percent). Operating income excluding incidentals grew 20 percent ...
Tags: AkzoNobel, Decoration Coating
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
A credit card is an important thing to have when globetrotting, not least because many forms of online reservation require credit rather than debit payment. For those anticipating a long stay in China, a credit card may seem like a good ...
Tags: Credit Cards, online reservation
“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile