For fiscal second-quarter 2015 (ended 28 December 2014), Cree Inc of Durham, NC, USA has reported revenue of $413.2m, down 3.4% on $427.7m last quarter but similar to $415.1m a year ago and in the upper half of the target range of $400-420m ...
Tags: LED Demand, LED Lighting Offsets, Electrical
Improved margins drove profit before depreciation, interest and taxes (PBDIT) by 114 per cent year-on-year at Reliance Retail during the third fiscal quarter ending December 31, 2014. Reliance Retail said it posted its highest ever profit ...
Tags: LED Reliance Retail, stores, Apparel
Gap Inc. has decided to close its Piperlime brand, including the online platform and single store in New York, by the end of the first quarter of fiscal year 2015. The company is committed to executing against its long-term strategy of ...
Textile engineering expo, GTTES-2015 which was held in Mumbai from January 20-22 on an area of 11,500 sq metres, saw over 282 Indian and foreign exhibitors, with a majority of foreign ones coming from China. Ambassadors and consul ...
A new regulation by the UK government will ban cigarette branding and force tobacco firms to implement standardised packaging of all cigarettes and hand rolling tobacco for retail sale. The move by the government is in line with ...
Tags: Tobacco Products, retail sale, Agriculture
Liqueurs and spirits producer Rémy Cointreau has reported slump in consolidated sales for first nine months of the current financial year to €740.9m, down 12.4% from €845.7m in 2013. The company generated €269.1m in ...
Tags: Liqueurs, Agriculture
Improved global operations and a lower effective tax rate drove net income growth by 46.87 per cent year on year at value added yarns producer, Unifi Inc in the second quarter ended December 28, 2014. Unifi said its net income for the ...
Tags: tax rate, net income, Textile
TOKYO — TDK is expected to report an operating profit of around 50 billion yen ($420 million) for the nine months ended Dec. 31, a 40% gain to the highest since the same period in 2010. Sales grew an estimated 7% to nearly 800 ...
Tags: Smartphones, Electrical
Halfords Group plc reported same-store sales by its Cycling and Travel Solutions stores increased 7.6 percent and 5.7 percent respectively in the 15 weeks and fiscal third quarter ended Jan. 9. The UK’s leading retailer of ...
Tags: Same-Store Gains, Sporting Goods
Smith & Wesson Holding Corporation increased its guidance for financial results for the third quarter ending Jan. 31, and full 2015 fiscal year, which will end April 30, 2015, saying it has seen recent, positive trends in the primary ...
Tags: Battenfeld Technologies, consumer firearm market, Sporting Goods
Led by a pick-up in growth in India, which accounts for about 70 per cent of regional output, South Asia’s economic growth is set to reach a four-year high in 2015, according to the United Nations World Economic Situation and ...
Tags: nuclear agreement, Textile
Despite a sharp decline in oil prices, the world economic outlook is subdued, weighed down by underlying weakness elsewhere, says the International Monetary Fund (IMF) in its latest update to the World Economic Outlook (WEO). Compared ...
Tags: oil prices, world economic outlook, Textile
As the world's biggest auto market in 2014, China's auto sales continued to expand to strengthen its position. With 23.49 million units sold approximately, a year on year increase of 6.9 percent, the auto sector seemed to play a big role in ...
Tags: auto market, auto sales
For fiscal first-quarter 2015 (to end-November 2014), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.9m, down 15% on $3.4m a year ago but up 29% on $2.3m last quarter, due to both design wins in ...
Tags: LED components, LED chip, Electrical
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