Earnings in the third fiscal quarter ended November 1, 2014 at US apparel retailer, Stein Mart slipped in to black from red in the year ago quarter. Third quarter of 2014 adjusted net income totalled $0.9 million or $0.02 per diluted ...
Tags: apparel retailer, Apparel
SkyPeople Fruit Juice, a producer of fruit juice concentrates, fruit juice beverages and other fruit-related products, has announced financial results for the third quarter ended September 30, 2014. Third Quarter 2014 Summary: * Revenue ...
The United States Department of Labour (DoL) has found widespread violations by employers in paying wages to workers in the Southern California garment industry. In fiscal year 2014, DoL’s Wage and Hour Division conducted 221 ...
Tags: unpaid wage, minimum wage, Apparel
Illinois-based KapStone Paper and Packaging will spend about $115m at its Cooper River site to modernise three papermaking machines and to make other improvements for increasing the capacity and efficiency. In a statement released on ...
Tags: papermaking machines, Agriculture
A media report claims that the Japanese consumer electronics giant Sony Corpis planning to pull out of the Chinese market due to decreasing sales. However, the Chinese branch denied this report. Sony, much like other consumer ...
US-based paper manufacturing company International Paper will be investing $90m to restart an idle machine at its container board mill that will help in creating 65 new jobs. The machine has been out of use for the past five years. ...
Tags: International Paper, Invest, Printing
Packaging company PPi technologies has invested $5.4m on a new 100,000-square-foot manufacturing plant in Sarasota. The new plant will help the company tackle the increase in demand for filling pouches. The facility demonstrates machines ...
Tags: PPi, Sarasota Manufacturing Plant, Packaging
China's manufacturing sector expanded in August but at a significantly slower pace, as production rates and new orders softened. The Flash China Manufacturing PMI, published by HSBC in conjunction with Markit Economics, fell 1.4 points to ...
Tags: Manufacturing, Processing Machinery, China Manufacturing
Adjusted EBITDA zoomed 23.8% year-on-year at off-price retailer of high-quality branded apparel and NYSE-listed Burlington Stores, Inc. in the second quarter ended August 2, 2014. Burlington Stores said its adjusted EBITDA increased 23.8% ...
Tags: Apparel, Apparel Retail, Apparel Economy
Lotte Liqor’s first beer, Kloud, burst onto the market with aplomb. “We expect to bring a change in the history of Korea’s beer industry, often reputed as ‘boring,’ with this kind of real beer,” the ...
Tags: Beer Market, Krones, Packaging
Led by a decline of 9% in US sales, net sales at NYSE-listed apparel retailer Abercrombie & Fitch Co slipped 6% year on year in the thirteen weeks to August 2, 2014. In the second fiscal quarter of 2014, revenues at Abercrombie & Fitch ...
Tags: Abercrombie&Fitch, Apparel
For the 13 weeks or second fiscal quarter ended August 2, 2014, net income at apparel and accessories retailer – Dillard’s slipped $2 million from the same period a year ago, but was able to hike its EPS by $0.01 per share. ...
Dealers at the Georgia Tire Dealers and Retreaders Association meeting will learn how to manage payroll to maximize profitability on Saturday, July 19, 2014. “Payroll, the killer of companies” will be presented by Norm Gaither, ...
Tags: Dealers, Profitability, Auto Parts
When it hit the market in the late 1970s, Computer Numerical Control (CNC) equipment started a mechanical revolution in the woodworking industry. From the time of its invention through the decades leading up to today, computer-controlled ...
France based automotive plastics manufacturer Plastic Omnium Auto Exteriors will invest $65m to establish a new facility in Enterprise South Industrial Park in Chattanooga, Tennessee. The new facility will be built on a 21 acre site, ...