Swedish retailer Axfood has booked an increase in first-half profits, boosted by an increase in customer numbers and continued cost control measures. In the six months to the end of June, profit after tax amounted to SEK403m (US$57.5m), a ...
Tags: Axfood, H1 Profit, increase, customer numbers
UK retailer Asda will increase the premium it pays the farmers who supply its liquid milk through the Arla Foods Milk Partnership. After demonstrations targeting Asda for paying below the cost of production, Asda has bowed to pressure and ...
Tags: Asda, premium, milk farmers
Bloomberg reported that iron ore inventories in China,the biggest user of the steelmaking ingredient,dropped to the lowest levels in 2 years as higher demand pushed up prices. According to weekly data from researcher Beijing Antaike ...
II . Economy i. Economic Aggregate Economic aggregate of Shandong ranks 2nd place in our country. In 2005, Shandong realized GDP 1.8 trillion Yuan,15% higher than the previous year. The growth rate has kept two-digit number for 15 ...
Tags: Shandong, business, introduction to Shandong, Shandong economy, survey
Business Line reported that TVS Motor Company's total sales in November dropped marginally to1,71,873 units from1,75,535 units in the same period last year. The company's 2 wheeler sales dropped 3.5% to 166,783 units. Domestic sales saw a ...
Tags: TVS Motor, wheeler, motorcycle
LiberTerre, the meat and poultry products brand owned by Retail Ready Foods, has unveiled new its new holiday products in Canada. The new range includes fresh spiral hams and free range young turkeys. The company said that the new free ...
Burberry Group plc announces retail sales for the second quarter to date. Against strong comparatives last year, retail sales growth at constant exchange rates was 6% in the 10 weeks to 8 September 2012. Of this, new space contributed 6% ...
Iconix Brand Group,Inc,announced that it has completed the acquisition of the Umbro brand and related intellectual property assets from NIKE,Inc.for$225 million in cash. Founded in 1924,Umbro is the original global ...
Tags: intellectual property, acquire, sports apparel, footwear
Lincoln Financial Advisors has named Stefan Lambert as its new managing principal, who will supervise recruitment of new advisors, retention and risk management. Lincoln Financial Advisors' Atlantic Regional Planning Group, which includes ...
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Deckers Outdoor Corporation announced financial results for the third quarter ended September 30, 2012. Third Quarter Review Net sales were $376.4 million compared to $414.4 million for the same period last year. Gross margin was 42.3% ...
Tata Motors’ British luxury car manufacturing subsidiary Jaguar Land Rover (JLR) has reported 22% rise in its retail sales during September 2012 to 36,907 units compared to the corresponding month in 2011. Of the total retail sales, ...
Tags: JLR, sales up, Tata Motor
On 26 April 2012, ASOS plc announced that it had changed its accounting reference date from 31 March to 31 August. Now ASOS plc announces final results for the 5 months ended 31 August 2012. Highlights: Retail sales up 32% (UK retail ...
Tags: ASOS, final results, retail sales, net funds
Rocky Brands Inc. announced financial results for its third quarter ended September 30, 2012. Third quarter 2012 net income was $5.4 million compared with $5.2 million in the third quarter of 2011, and diluted earnings per share were ...
Tags: Rocky, financial results, third quarter, net income, net sales
Plexus Cotton Limited reported that New York (NY) futures have trended lower this week, as December fell by 369 points to close at 71.53 cents. With harvest in the Northern Hemisphere gaining momentum, the market finally came under some ...
Tags: cotton futures, cotton, cotton market, cotton industry
Presidential Life and Athene have inked a definitive agreement for an Athene subsidiary to acquire Presidential Life for $14 per share in cash, in lieu of an aggregate purchase price of nearly $415m. In pursuant of the terms of the merger ...
Tags: Presidential Life and Athene, Presidential Life, acquisition