Occupancy and revenue figures for the 2014-15 ski and snowboard season continued their upward trajectory at 19 mountain resorts in six western states last month. As of Nov. 30, “on-the-books” occupancy is up a sharp 9.7 ...
Tags: Bookings, Sporting Goods
Lululemon Athletica Inc. reported net revenue increased 10 percent to $419.4 million for the third quarter ended Nov. 2, from $379.9 million in the third quarter of fiscal 2013. The retailer, which is fending off growing competition in the ...
New categories in the organic sector in Australia have driven record growth in the $1.72 billion industry, according to a biennial industry report from organic certifying group Australian Organic. The Australian Organic Market Report is a ...
Tags: Organic Foods, Food
Australian wholesaler and distributor of groceries and hardware products Metcash Limited (Metcash) has announced a drop in its Underlying Profit after Tax of 9 per cent, to $101.7 million, which it said was due to “ongoing operating ...
Tags: hardware products, groceries, Agriculture
McDonald’s global sees drop in sales McDonald’s Corporation has announced that global comparable sales decreased 0.5 per cent in October 2014, which it said reflected the impact of “business challenges” such as ...
Tags: McDonald, Agriculture
Nampak will sell its paper business to Ethos Private Equity on behalf of the Ethos Fund IV for around $14m (R1.575bn). The sale will include Nampak's corrugated, sacks and tissue divisions, but will exclude its shareholding in Sancella ...
Tags: Paper Business, Private Equity, Agriculture
Textured Jersey Lanka PLC (TJL) recovered and bounced back in the second fiscal quarter of 2014-15, by reporting a quarter-on-quarter top line growth of 29% and its bottom line skyrocketing 72%. In the reporting quarter, TJL posted ...
Pilgrim's, a operator of chicken processing plants and prepared-foods facilities, has reported net income for the third quarter of $256m, compared to $160.9m for the year-ago quarter. Net sales for the third quarter rose to $2.27bn from ...
Tags: Pilgrim's, chicken, Agriculture
Weak demand saw China's imports of toluene plunged to a near six-year low in August, with market sources expecting the bearish sentiment to prolong for the foreseeable future. China's toluene imports in August fell 73% from the previous ...
DOE has published a new report forecasting the energy savings of LED white-light sources compared with conventional white-light sources. The sixth iteration of the Energy Savings Forecast of Solid-State Lighting in General Illumination ...
Gokul Jaykrishna, Joint MD, Asahi Songwon Colors is very optimistic about the growth outlook for the pigment industry in India over the next five years. He sees good growth for the business in Asian countries like India and China and also ...
New orders to U.S. production plants soared a record 10.5 percent in July on a 74 percent bookings spike in the volatile transportation sector. The somewhat misleading double-digit gain was propelled by an eye-popping 317.3 percent surge in ...
Tags: Industrial Equipment, Hardware
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
The National Retail Federation (NRF) has lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster over the next five months. NRF ...
Tags: NRF, Growth, Construction