As clients are adjusting inventories of LED chips used in backlighting and lighting, demand for LED chips in the third quarter of 2014 will significantly decrease sequentially, according to chairman Lee Biing-jye of Taiwan-based LED ...
Tags: LED Demand, LED Chips
Net revenues for the fiscal second quarter ending June 28, 2014, plunged 24.8 percent from a year earlier at Body Central, a multi-channel & specialty clothing retailer. Body Central said its net revenues for the second quarter of 2014 ...
Tags: clothing retailer, Apparel
In August this year, the purchasing managers index (PMI) for the Chinese steel sector was at 48.4 percent, down by 0.2 percentage points as compared to July, still below the 50 percent threshold, as announced by the China Steel Logistics ...
Tags: Steel Sector, Mineral
The purchasing managers' index (PMI) for China's manufacturing sector was at 51.1 percent in August of the current year, down 0.6 percentage points compared to July and indicating the first correction after five consecutive months of ...
Tags: PMI, manufacturing sector
A manifold hike in interest expense, pushed NASDAQ-listed and apparel and home décor retailer Gordmans Stores Inc to report a net loss in the second fiscal quarter ended August 2, 2104 compared to net profit, a year earlier. ...
Tags: home décor, Retailer Gordmans, Apparel
The Multifamily Production Index (MPI), an indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th straight ...
Tags: MPI, multifamily market
After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated. The upward revision supported expectations ...
Tags: U.S.Economy, goods and services
LED driver IC vendors including Silergy, Macroblock and On-Bright Electronics are expected to see their sales stay flat in the third quarter of 2014 before riding higher in the fourth quarter, according to industry sources. Order ...
Tags: LED Driver, IC Vendors
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
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has stated that for the second half of the current year it foresees growth in the pipe market in Russia mainly due to higher consumption of large diameter (LD) ...
As of August 25, inventory of iron ore at 33 major Chinese ports amounted to 109.34 million mt, up 0.54 million mt or 0.5 percent week on week, as announced by China's Xinhua News Agency on August 26. As of the same date, the Xinhua-China ...
Tags: Iron Ore Inventory, Chinese Ports, Energy
Aceros Carazo, a Costa Rica-based company dedicated to the import and marketing of steel industry equipment, announced this week that it has acquired Reimers Industrial, a 107-year-old distrubutor. With the acquisition of Reimers, Aceros ...
Tags: Aceros Carazo, Distributor, Energy
Revenues rose marginally by 1.8 percent at China-based sportswear marketer Xtep International Holdings Limited for six months ending June 30, 2014. At a press conference attended by Ding Shui Po and Terry Ho, CEO and CFO, respectively at ...
REI promoted Eric Artz, chief financial officer, to the additional role of chief operating officer, and Susan Viscon, vice president of merchandising, to senior vice president of merchandising. Artz and Viscon are part of the company's ...
Tags: REI, COO and SVP, Sporting Goods
Alpha Wire is now carrying inventory on all sizes of Variable Frequency Drive (VFD) cable – from 4/0 to 16 AWG – in an effort to better serve growing demand. Included is Alpha’s Series V line of VFD cable and the new ...
Tags: Alpha Wire, VFD cable, Health