On a GAAP basis, operating profit surged 25 per cent to $90 million while earnings per share (EPS) rose higher by 30 per cent to $0.13, both up from the year ago quarter at HanesBrands in the first fiscal quarter ended April 4, 2015. ...
Tags: GAAP basis, Hanes
In constant currency, sales at UK fashion retailer Primark were 15 per cent ahead from the first half of fiscal 2014, for the 24 weeks period ended February 28, 2015,. At actual exchange rates and as a result of the weakening of the ...
Tags: fashion retailer, Primark
Schott announced that it will continue to invest in its pharmaceutical packaging plant in Itupeva, Brazil on the occasion of its 80th manufacturing anniversary in the country. The company said that it will supply locally-produced ...
TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...
Tags: TRW Automotive, Linkage
The Federation of India Export Organisations (FIEO) wants government backing to arrest falling exports.FIEO president SC Ralhan said the trade data for the month of the March, 2015 showed a decline of over 21 per cent in exports and close ...
Tags: Govt Support, Falling Exports
For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...
The World Bank’s East Asia and Pacific Economic Report April 2015 paints a favourable picture for Vietnam. According to the report, medium term projections reflect gradual improvement in GDP growth and macroeconomic stability ...
Tags: Vietnam's Growth, GDP growth
Imagine you stood in a room with 393 fellow exhibitors, and asked them the question, “How did you stretch your exhibiting budget over the past two years?” Think of all the great advice they could share. Well, now you have all ...
Demand for all types of lighting products in the Japan market in 2015 is estimated at a total value of JPY646 billion (US$5.39 billion) and LED lighting will account for 78.6% (penetration), according to Digitimes Research. Viewing that ...
Tags: LED Lighting, LED high bay lamps
For the first fiscal quarter ended March 1, 2015, denim jeans marketer Levi Strauss & Co. reported a 7 per cent year over decline in net sales due to lower revenues in wholesale and retail in the Americas. Levis said its net sales ...
Tags: Levis, denim jeans
SemiLEDs, a developer and manufacturer of LED chips and LED components, announced its revenues for the second quarter of fiscal 2015 were US$4.6 million, a 56% increase compared to US$2.9 million in the first quarter of fiscal 2015. GAAP ...
Tags: SemiLEDs, LED chips, LED components
In the six months to February 2015, revenue surged 24.2 per cent, while operating profit zoomed 40.2 per cent, both from a year ago periods, at Japanese apparel marketer Fast Retailing. Fast Retailing which owns the Uniqlo brand, said ...
Tags: Fast Retailing, Uniqlo Japan, Apparel
For fiscal second-quarter 2015 (to end-February 2015), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $4.6m, continuing the rebound from the low of $2.3m in fiscal fourth-quarter 2014 and up 56% on ...
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Fujitsu has partnered with Global Mobility Service (GMS) to trial electric tricycles, a three-wheel taxi, in the Philippines. Fujitsu said that the collaboration with GMS will accelerate use of electric tricycles in the Philippines ...
Tags: Fujitsu, Global Mobility Service, Trial Electric Tricycles