Net sales for the fourth fiscal quarter ended January 31, 2015 at NYSE listed and off price apparel retailer, Burlington Stores lifted 11.3 per cent from a year earlier quarter. Burlington said its net sales increased 11.3 per cent ...
The Telangana government will not impose value added tax (VAT) on textile traders, commercial taxes minister Talasani Srinivas Yadav has said. Yadav was speaking on the occasion of Secunderabad Cloth Merchants’ Association ...
Tags: value added tax, textile
A mother’s “personal grudge” against China’s haze issues gave birth to the trending environmental documentary 'China's Haze: Under the Dome.’ The country’s serious air pollution became very personal for ...
Tags: Energy Efficient LEDs, LED Lights
George Osborne has delivered his sixth Budget, and the last of the current Parliament. The key points are as follows: Economy The UK grew 2.6% in 2014, faster than any other advanced economy but lower than 3% predicted in December ...
Tags: George Osborne, Sixth Budget
DSW Inc. reported earnings on an adjusted basis rose 13 percent to $30.9 million, or 35 cents a share, exceeding its guidance calling for earnings between 21 and 31 cents a share. Comparable sales increased 7.6 percent. Highlights: ...
Tags: DSW Inc, sales growth
The number of new energy vehicles to hit China's roads by 2020 will reach 300,000 as the country aims to save energy and combat pollution, the transportation authority announced Wednesday. China will create a favorable environment to ...
Tags: New Energy Vehicles, Electric Car
Fortune cookie maker Wonton Food is reportedly looking to strengthen its manufacturing capabilities with a new $20m facility in La Vergne, Tennessee, US. The company is also considering Houston and New York as alternate sites. The ...
An Indian footwear trade body has requested finance minister Arun Jaitley to reduce the high excise duties imposed on non-leather footwear in the latest Union Budget. The All India Footwear Manufacturers and Retailers Association (AIFMRA) ...
China watchers in Washington welcomed the news that the number of small-business registrations in China has risen by almost 50 percent. "Generally, it's a very positive sign," Nicholas Lardy, the Anthony M. Solomon Senior Fellow at the ...
Tags: China's Legislation Law, taxes
Net sales for the thirteen weeks ended January 30, 2015 at NYSE listed, Dollar General Corporation grew 9.9 per cent from a year earlier quarter. In a press release, Dollar General said its net sales increased 9.9 per cent to $4.94 ...
Tags: Dollar General, Apparel
The Scotch whisky market in the UK has shrunk by almost 5% as consumers and industry continue to be impacted by the heavy tax regime. The tax is approximately 80% as a share of the price of an average bottle of the drink. The figures, ...
Tags: Scotch Whisky Market, Fairer Tax, Whisky
US-based corrugated box maker Welch Packaging is considering a $16.54m expansion that would help in the creation of 118 new jobs in the next three years. Welch Packaging specializes in making corrugated packaging, boxes and other ...
Tags: Welch Packaging, corrugated box
China's State Council has given approval for Hangzhou, an e-commerce hub, to set up the country's first cross-border e-commerce pilot zone, according to a statement released on Thursday. Hangzhou, capital city of East China's ...
Underground natural gas storage capacity should be expanded to increase the nation's strategic energy reserves and ensure supply, said a senior official from China Petrochemical Corp (Sinopec), the country's biggest refiner. Sun Jian, ...
Tags: Underground Gas, Energy Security'
Income from continuing operations for the second quarter of fiscal 2015 ended January 24, 2015 at garment marketer, Ascena Retail Group, Inc. nosedived when compared with the year ago quarter. “Income from continuing operations for ...
Tags: Q2 Income, Ascena Retail Group, Apparel