Abu Dhabi based National Catering Company (NCC) has signed an agreement with Abu Dhabi Ports to secure a 25,000-sqm plot of land in the Khalifa Industrial Zone (Kizad). As part of this new development, NCC will invest around AED50m ...
Tags: National Catering Company, Food
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
Apparel marketer, Rocky Brands said its net sales for the fourth quarter ended December 31, 2014 touched a record figure and also surged 28.2 per cent year over year. Fourth quarter net sales at Rocky Brands expanded 28.2 per cent to a ...
Tags: Apparel marketer, Rocky Brands
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
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 ...
It is not likely that Chinese industrial economy will experience hard landing regardless of the sluggish investment, Gan Jie, a financial professor, said Friday. Speaking at a luncheon co-organized by China's Hong Kong General Chamber of ...
Tags: industrial economy
The World Gold Council reported that gold jewelry demand by weight rose 1 percent year on year to 566.9 tonnes in the fourth quarter of 2014, while the value of gold jewelry demand slipped 5 percent to $22.2 billion. Gold jewelry demand for ...
Tags: Gold Jewelry, Jewelry
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
Brand & Retail, the branded apparel segment at textile and denim major, Arvind Ltd witnessed sales surging 21.1 per cent year on year in the third fiscal quarter ended December 31, 2014. Net sales for the third quarter of fiscal 2015 in ...
According to Bloomberg.com, Apple's latest "bigger than bigger" slogan for the iPhone is turning out more and more apt as the company sets the record as the first US company to be worth more than $700 billion. This is the first time a US ...
Quarterly solar photovoltaic (PV) module revenues (excluding processing service revenues) by the 20 leading global suppliers increased to US$5.9 billion in the fourth quarter of 2014, according to IHS. Quarterly module revenues of the 20 ...
Tags: photovoltaic, solar cell
The US milk processor Dean Foods Co announced fourth quarter sales and profits which are lower-than-expected as raw milk prices remained high. According to the company, raw milk prices in US increased by 18% in the quarter ended Dec. 31, ...
Tags: Dean Foods, raw milk
“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
Notebook shipments (excluding detachable models) by the top-five vendors as well as top-three ODMs suffered a sequential decline of 25% and 19%, respectively, in January due to a high level of inventory at channels which resulted mainly ...
Tags: Notebook, top-three ODMs
In preliminary estimates, marketer of intimates’ iconic brand Victoria Secret, L Brands said its net sales for the fourth quarter rose 7 per cent year on year for the fourth fiscal quarter ended January 31, 2015. Net sales for the ...