Volkswagen has secured a €400m loan from the Export Development Canada (EDC), to facilitate expansion of its operations in southern US and Mexico. The financing will allow the automotive giant to offer business opportunities to small ...
For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...
As part of the Texprocess Forum programme, the International Apparel Federation (IAF) is organising a panel discussion titled ‘Making technology work in fashion’ in Hall 5.0 C06 on May 5, 2015. The panelists of this session ...
Tags: Panel Discussion, Texprocess Forum
The Sherwin-Williams Company announced its financial results for the first quarter ended March 31, 2015. Compared to the same period in 2014, consolidated net sales increased $83.7 million, or 3.5%, to $2.45 billion in the quarter due ...
After a slowdown in demand in the second half of last year in many parts of Europe, coatings companies in the region have become less confident about the short-term future. However, despite economic forecasts of relatively slow growth in ...
Whether they are in the lounge, in the kitchen or elsewhere in their homes, Africans are now being given a front-row view of how their world, and the world of trade, is changing. Their guides are the appliances they use to make their ...
China-based solar-grade polysilicon maker Tebian Electric Apparatus had net profit of CNY1.811 billion (US$294 million) for 2014 hiking on year by 31.49%, while fellow maker Daqo New Energy saw operations swing from net loss of US$70.9 ...
Even as most players in India’s e-commerce space are struggling to break-even, a recent report has estimated that the industry may turn profitable at an operating level by around 2020. According to UBS Securities, the Indian ...
For the first fiscal quarter ended March 1, 2015, denim jeans marketer Levi Strauss & Co. reported a 7 per cent year over decline in net sales due to lower revenues in wholesale and retail in the Americas. Levis said its net sales ...
Tags: Levis, denim jeans
Canadian emerging producer of high-grade titanium dioxide (TiO2), Argex Titanium said it has achieved significant milestones during 2014 and also the first few months of 2015. According to an Argex press release, during 2014, it ...
Tags: Argex, titanium dioxide, TiO2
LED chip maker Tyntek has reported gross margin of 21.8% for the first quarter of 2015, the highest quarterly level in the past 10 years. Tyntek posted consolidated revenues of NT$861 million (US$27.3 million), pre-tax profit of NT$99 ...
Tags: LED chip, Tyntek, communication devices
In the six months to February 2015, revenue surged 24.2 per cent, while operating profit zoomed 40.2 per cent, both from a year ago periods, at Japanese apparel marketer Fast Retailing. Fast Retailing which owns the Uniqlo brand, said ...
Tags: Fast Retailing, Uniqlo Japan, Apparel
For the second quarter of fiscal 2015 ended February 28, 2015, net income per diluted share slipped 16 per cent year over year at NYSE listed Family Dollar Stores. In the second quarter of fiscal 2015, Family Dollar reported net income ...
Tags: Family Dollar, effective tax rate
Textile Exchange (TE), a US-based international non-profit organisation committed to a more sustainable textile industry, has recently announced the release of an online tool for the textile industry that measures the environmental, ...
Tags: Textile Exchange, sustainable textile industry, organic cotton
Australian Made Campaign welcomes delay and more consultation on Country of Origin labels The Australian Made Campaign has welcomed the Government’s decision to consult with stakeholders and undertake consumer research into its ...
Tags: Made Campaign, consumer demand, Agriculture