Continuing its slow and steady trend, readymade garment exports from Bangladesh grew 2.55 per cent year-on-year in the first eight months of the ongoing fiscal that commenced on 1 July, 2014, data from the Export Promotion Bureau showed. ...
Tags: Garment Exports, knitwear exports
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
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
Exports from Tirupur, known for knitwear manufacturing, has reached Rs 15,000 crore in the first nine months of the ongoing fiscal year 2014-15, A Sakthivel, president of Tirupur Exporters’ Association (TEA) said in a statement. ...
Gross retail turnover at specialty stores retailer, Shoppers Stop Ltd (SSL) lifted 7.23 per cent year on year in the third fiscal quarter ended December 31, 2014. SSL said its gross retail turnover stood at Rs. 844.77 crore for the ...
Tags: Shoppers Stop, Mothercare, Apparel
Dietary supplement manufacturer Blackmores Ltd (Blackmores) has announced a strong close to Group sales of $206 million for the first half ended 31 December 2014, an increase of 22 per cent compared to the previous corresponding period. ...
US based consumer goods and farm products company Calavo Growers has recorded an increase of 5.3% in revenue during the fourth quarter of 2014. US based consumer goods and farm products company Calavo Growers has recorded an increase of ...
Tags: consumer goods, Agriculture
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at 0.11 per cent for December 2014 (over December 2013), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: cotton yarn, tyre cord fabric, woollen textiles, Textile
In what may mark an end of high-quality extra long staple cotton, the Egyptian Government has decided to stop paying subsidy of 350 Egyptian pounds per qintar (160 kg) of cotton to producers, from the next agricultural season. Last ...
Tags: Cotton Production, raw materials, Textile
As on 1 January, 2015, a total of 13.958 million bales of cotton arrived at various ginneries in Pakistan, crossing the previous season’s total cotton production of 13.391 million bales. Cotton arrival increased by 10.16 per cent ...
Tags: Cotton Output, Apparel
The European Parliament has completed the last stage in the process to grant the Philippines Generalised System of Preferences Plus (GSP+) that will provide duty free entry to the EU for some of the most important Philippine exports, ...
The annual rate of inflation, based on monthly wholesale price index (WPI), declined to 0.0 per cent for November 2014 (over November 2013), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: cord fabric, manmade fibre, Textile
For the nine month period ending October 31, 2014, Spanish apparel marketer, Inditex said its revenues lifted 7 per cent year on year to €12.7 billion. Sales in local currencies in the reporting period were up 10.5 per cent from the ...
Tags: apparel marketer, Net profit, Apparel
The arrival of cotton at ginneries in Pakistan by December 1, 2014, has increased by 9.96 per cent year-on-year, according to the fortnightly report on cotton arrivals, prepared by the Pakistan Cotton Ginners’ Association (PCGA), in ...
The Cotton Corporation of India (CCI) has planned to operate 343 procurement centres in 92 districts spread across 11 cotton growing states in the country, during the ongoing cotton season that began on October 1, 2014, Minister of State of ...