In the third quarter ending September 30, 2014, higher sales volume of high margin ethane-based products, helped net profit at Petronas Chemicals climb 4.1 percent, from a year ago quarter. Net profit in the third quarter of 2014 rose to ...
Apparel retailer and NYSE listed, Kate Spade & Company reported a surge of 30% in fiscal third quarter ending October 4, 2014 revenues, from a year ago quarter. Kate Spade said net sales from continuing operations for the third quarter of ...
Tags: net sales, Apparel retailer
Ashland Inc, a manufacturer of specialty chemical solutions, said it has hired William Wulfsohn as its new CEO, who replaces James O'Brien, who retires at the end of December. Wulfsohn, 52, brings nearly 30 years of world-class chemicals ...
Tags: specialty alloys, powder metal stainless steels, Textile
In the first nine months of 2014, net income plummeted 21% year-on-year at adidas Group to € 630 million from € 796 million in the same period of 2013. Correspondingly, basic and diluted earnings plunged to € 3.01 per share ...
Tags: adidas Group, net income, Apparel
For the second fiscal quarter ending September 30, 2014, net profit shot up 60%, while sales climbed 17%, both growths coming from a year ago periods, at Shoppers Stop Ltd (SSL). SSL reported a gross retail turnover of Rs. 942.76 crore ...
Recent USDA reports have left some unresolved questions about the magnitude of planted and harvested acreage of corn and soybeans in 2014. The questions stem from the large differences between the planted acreage estimates from the National ...
Despite a 16.26 percent revenue hike in the second quarter of fiscal 2014-15, impacted by higher depreciation and amortisation costs, net profit at Vardhman Textiles Ltd sank 48.4 percent, year-on-year. The vertically integrated Indian ...
Tags: cotton prices, yarn prices, Textile
For the third fiscal quarter of 2014, gross margin at apparel retailer JC Penney expanded 710 bps over the same quarter of the previous fiscal year. In the third quarter ending November 1, 2014, gross margin stood at 36.6 per cent of ...
Tags: apparel retailer, gross margin, Apparel
UK-based corrugated retail and shelf-ready packaging manufacturer TRM Packaging, along with the Flint Group, has opened a new colour lab. The installation and investment on the colour lab is a part of the five-year partnership of the two ...
Tags: TRM Packaging, colour lab, Agriculture
Net profit for the second fiscal quarter ending September 30, 2014, slipped 30.2% year-on-year at value-added yarns and home textile producer - Sutlej Textiles and Industries Ltd (STIL). In the second quarter of fiscal 2014-15, profit ...
Tags: Sutlej Textiles and Industries Ltd, topline performance, Textile
Driven by sales from Vinnolit, which it acquired in July 2014 and higher sales prices, revenue at Westlake Chemical surged 24.8% year-on-year in the third quarter ending September 30, 2014. Third-quarter of 2014 turnover climbed to ...
Tags: Westlake Chemical, Vinnolit, Textile
“The CIF Bremen Index mildly followed the marginally downward movements in New York cotton futures in the current week,” a report from the Bremen Cotton Exchange, informs. It adds that mainly technical reasons were likely ...
Germany based apparel marketer, Tom Tailor Group posted a smart turnaround in its net income, which slipped into black for the first time in two years, in the first nine months of 2014. For the first time in two years, Tom Tailor Group ...
Tags: apparel marketer, retail sale, Apparel
Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
In the second quarter of fiscal 2014-15, revenues and EBITDA surged 22% and 21%, respectively, from a year ago quarter, at Welspun India, a part of the $3 billion BK Goenka led, Welspun Group. Steered by strong volume growth, revenue at ...
Tags: EBITDA margin, Welspun India, Textile