Billabong International Limited said it had entered into binding documentation to sell its 51 percent stake in SurfStitch and its 100 percent ownership of Swell to a consortium of investors including SurfStitch founders Justin Cameron and ...
Tags: Billabong, SurfStitch, Sporting Goods
Citi Trends, a value-priced retailer of urban fashion apparel and accessories reduced its net loss by more than 50 percent from a year earlier in the second fiscal quarter ending August 2, 2014. In the second fiscal quarter of 2014, net ...
Tags: Citi Trends, Loss
L Brands which markets well-known apparel and intimates brands like Victoria's Secret, PINK, Bath & Body Works, La Senza and Henri Bendel, posted a hike of 5 percent, from a year earlier in its operating income for the second fiscal quarter ...
As a result of same stores sales declining 6.8 percent, combining with closure of a few stores, overall revenue at retailer Sears Canada Inc. declined 11.9 percent year-on-year in the 13-week period ended August 2, 2014. In the second ...
Wesfarmers’ Officeworks has reported a record result for the 12 months to 30 June 2014. The business achieved total sales of $1.57 billion, up 4.7 per cent on the prior year. Earnings before interest and tax (EBIT) of $103 million, ...
Apparels and home fashions off-price retailer, NYSE-listed The TJX Companies, Inc reported a 7% year-on-year hike in net sales to touch $6.9 billion in the second quarter ended August 2, 2014. Consolidated comparable store sales increased ...
Tough market conditions led to Swedish fashion retailer – Bjorn Borg, a marketer of innerwear and sportswear, witnessing decline across all key financial parameters including sales, net profit and EPS in the second quarter of 2014. ...
Tags: Tough market, Bjorn Borg, Apparel
Armstrong World Industries has released its second quarter results. Second Quarter Results from Continuing Operations Consolidated net sales increased slightly to $710.0 million compared to $706.6 in 2013 driven by favorable price and ...
Tags: Armstrong, Report, Construction
The Foxconn Technology Group of Taiwan will reportedly use self-made “Foxbot” to assemble Apple's iPhone 6, which will be the world's first smartphones to be assembled by robots. According to online media 9to5 Mac, Foxconn, ...
Tags: Foxconn Technology, iPhone 6
Taiwan's leading machine-tool makers remained profitable in the first half (H1), 2014 despite the revaluation of the new New Taiwan dollar against the U.S. dollar, which seriously compromised gains from foreign exchange in H1. Industry ...
Tags: Machine Tool, motivate machinery, Machinery
Swiss fashion retailer, Charles Vögele Group succeeded in bringing the negative sales trend to a halt in its existing floor space in the first half of 2014, while EBITDA skyrocketed in the same period. Gross sales, after adjusting ...
For its fiscal first-quarter 2015 (to 28 June 2014), RF Micro Devices Inc of Greensboro, NC, USA has reported record revenue of $316.3m, up 23.6% on $256m last quarter and up 8% on $293m a year ago (and well above the $305m forecast at the ...
Tags: RFMD, Micro Devices
For second-quarter 2014, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, rebounding by 5% from €43.9m last quarter (which had been down 14% on the previous quarter) and up 2% on €45.3m ...
Tags: Aixtron, MOCVD, Electronics
Toll’s revenue increased 1.1 per cent over the previous year to $8.8 billion. Total earnings before interest and tax (before individually significant items) were up 4.3 per cent to $444.4 million, and net profit after tax (before ...
Tags: Toll, Challenges, Service
For second-quarter 2014, Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical network systems incorporating its own indium phosphide-based photonic integrated circuits (PICs), has reported revenue of ...