The Valspar Corporation has reported fiscal third quarter 2015 net sales of $1.15 billion, a decrease of 7 percent over the prior year. Total volume was flat as growth in the Coatings segment was offset by the expected decline in the Paints ...
Tags: Valspar, Paints segment
The world's biggest silicon wafer foundry Taiwan Semiconductor Manufacturing Co Inc (TSMC) says that its subsidiary TSMC Solar Ltd - which was founded in 2009 to make copper indium gallium diselenide (CIGS) photovoltaic modules - will cease ...
Coles has reported a $1.78 billion profit before interest and tax for the financial year ended 30 June 2015, up 6.6 per cent on the 2014 financial year. Turnover revenue for Coles was $38.20 billion and return on capital was 11 per ...
Tags: hardware chain, Chemical
Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry
L brands has reported net sales of $2.765 billion for the second quarter ended 1 August 2015 as compared to sales of $2.675 billion for the quarter ended 2 Aug 2014, marking a rise of 3 per cent. The company registered a comparable store ...
Tags: L Brands, Victoria's Secret, Pink, Henri Bendel
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
Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has rejected the government's plan to impose import duty on cotton yarn saying it would pose negative impact on the value-added textile sector, the Pakistani media has ...
Tags: Yarn Import Duty, cotton yarn
Jiangxi Jiangzhong Pharmaceutical, one of China's major traditional Chinese medicine (TCM) makers, saw its net profit soar 45.2 percent year on year in the first half of 2015. Net profit attributable to the company's shareholders stood at ...
Global LED chip demand and supply condition is gradually reaching an equilibrium, and easing the industry’s oversupply situation, according to a Qianjia.com report that quoted an electronic component industry report by UBS. Lighting ...
Tags: LED industry, LED lighting
361 Degrees International Limited, which sells sporting goods through more than 7,400 franchised retail outlets in China, reported sales reached RMB2.2 billion in the six months ended 30 June, up grew 5.7 percent compared with the first ...
Tags: sports goods, 361 Degrees, footware
Good dynamics across all segments helped sales at German apparel marketer Tom Tailor Group climb 3.8 per cent year over year for the first half ended June 30, 2015. “Sales increased 3.8 per cent €441.5 million in the reporting ...
Tags: apparel, textile industry, fashion industry
MGP Ingredients has reported results for the second quarter period ended June 30, 2015. "We continue to be very pleased with our results through the first half of 2015 as we aggressively implement our strategic plan," said Gus Griffin, ...
US automotive giant General Motors(GM) has registered 4% dip in its sales in China on a year-on-year basis in July but hopes to maintain strong margins this year. GM and its joint ventures posted sales of 229,175 cars in China in July, a ...
Tags: General Motors, carmaker
For fiscal 2015 (ended 27 June), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $341.3m, down 12.7% on fiscal 2014's $390.9m. This is due to a 25% ...
Tags: laser product, telecom products
Although Advanced Semiconductor Engineering Inc. (ASE), reportedly the world's No.1 pure IC assembler, posted reduced earnings in the second quarter, the company remains upbeat about its business outlook for the third quarter due to having ...