Net revenues slipped 6 per cent year over year on a reported basis at denim jeans marketer Levi Strauss & Co. for the second quarter ended May 31, 2015. Net revenues declined six per cent to $1.01 billion on a reported basis in the second ...
Tags: Levi Strauss, denim jeans
Textile segment sales in the first quarter ended June 30, 2015 grew 10.74 per cent year over year at diversified Indian manufacturer, Sintex Industries Ltd. In a BSE filing, the textile division of Sintex Industries reported sales of Rs ...
Tags: Textile Segment, Sintex Industries, Textile
Premium apparel brand Monte Carlo is continuing to expand aggressively in south India. After opening its exclusive brand outlet in Hyderabad about a fortnight ago, the brand has now opened a store in Coimbatore, taking the total number ...
Tags: Premium apparel, Apparel
Group revenues climbed 12.9 per cent year over year at UK apparel marketer SuperGroup Plc for the fiscal ended April 25, 2015. According to a press release, Group revenue was up 12.9 per cent to £486.6 million in fiscal 2015 over ...
In the nine months to May 31, 2015, sales soared 23.9 per cent year over year at Japanese apparel marketer retailer Fast Retailing Group, which has in its portfolio clothing brands like Uniqlo, etc. In the period between September and May ...
The electrical and industrial electronics industry has witnessed a 13 per cent growth in Q4 (January to March) of FY15 while the fiscal year closed with a growth of 10 per cent. These figures were released by Indian Electrical & Electronics ...
Tags: industrial electronics, electrical electronics, allied equipment
ConAgra Foods, an American packaged foods company, is planning to exit its private label foods business as it looks to boost profit margins, cut costs and focus on its growing consumer foods and commercial foods segments. The plans to ...
Tags: ConAgra Foods, packaged foods
The governments of India and Thailand have signed the double taxation avoidance treaty (DTAT). The treaty was among a number of important agreements signed by India’s external affairs minister Sushma Swaraj and Thai deputy prime ...
Tags: double taxation avoidance treaty, economic cooperation
Teijin Group's fibre product converting company, Teijin Frontier has developed a new, highly comfortable and functional polyester material that achieves the pile structure of toweling. “The material made from 100 per cent ...
Tags: Polyester Fabric, Teijin Polyester Fabric Shows, Toweling
LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that its board of directors has approved the following: a restructuring of the LED Products business; a $500m stock buyback authorization for fiscal 2016; and the ...
Tags: Cree LED, LED chip, ASP Erosion
Driven by gross margin expansion and a lower tax rate, earnings per share surged 25 per cent, year over year at sports good and sportswear marketer Nike Inc for the fiscal ending May 31, 2015. A Nike press release informed that fiscal ...
Tags: Nike, comfortable footwear, fashionable sports shoes, sports footwear
The Chinese government is struggling to meet its fiscal targets this year, finance minister Lou Jiwei warned on Sunday, citing slowing fiscal revenue growth. The central treasury received 2.95 trillion yuan (about 475 billion U.S. ...
For its fiscal fourth-quarter 2015 (ended 3 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $320m, up 4.5% on about $306m both a year ago and last quarter. The ...
Tags: Finisar, OpEx, Electronics
For the first fiscal quarter ended April 30, 2015, net revenue at Egyptian apparel retailer Arafa Holding climbed 9 per cent over the same period of previous fiscal. Arafa Holding reported net revenues of $62.0 million during the first ...
Tags: apparel, Arafa Holding
Hosiery and knitwear brand Dollar Industries which is is headquartered in Kolkata, will invest Rs 25 crore to set up a new facility at Ludhiana, according to media reports. The company has manufacturing facilities at Kolkata, Tirupur ...
Tags: Dollar Industries, Apparel