Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...
British luxury car maker Aston Martin is planning to raise funds to expand its product line to crossover SUVs, which is expected to help the company recover from sliding profit. The company is expected to raise between $156m-$234m in ...
Tags: Aston Martin, SUV Market
For the third fiscal quarter ending November 1, 2014, retailer, Sears Holding Corp reported a marginal drop in net loss vis-a-vis the quarter ended November 2, 2013. Net loss at Sears totalled $548 million or $5.15 loss per diluted share ...
Tags: Sears Holdings, Apparel
Sports Direct International Plc reported group revenue rose 6.5 percent to .43 billion in the 26 weeks ended Oct. 26. The UK-based retailer, which has been acquiring retailers across Europe, reported revenues at its Sports Retail division ...
Tags: Premium Lifestyle, 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 ...
Taiwan LED maker Advanced Optoelectronic Technology (AOT) has reported its revenues during the third quarter of 2014 reached NT$1.79 billion (US$57.28 million), up 5.86% on quarter, with a gross profit margin of 12.43%, down 7.54pp on ...
Tags: LED maker, handset backlighting, Lights
Rajya Sabha, the upper house of the Indian Parliament, too passed the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014, a week after the Bill was passed by the lower house—the Lok Sabha. The ...
Tags: Textile Mills, Textile
Johnson Outdoors Inc. reported sales increased 10 percent to $84.9 million in the fourth quarter ended Oct. 3 compared with $77.3 million in the fourth fiscal quarter of 2013 due to double-digit growth in both Marine Electronics and Outdoor ...
Smith & Wesson reported earnings slid 70.3 percent in the second quarter, to $5.05 million, or 9 cents a share. Revenues slumped 22.1 percent. Net sales for the second quarter were $108.4 million, a decrease of 22.1 percent from net sales ...
Tags: Slides, Sporting Goods
It is self-evident that stationery industry in China has great potential, there is news points out that the stationery consumption will keep more than 10% year-on-year growth, growth are significantly higher than the current total retail ...
The Association of Italian Textile Machinery Manufacturers (ACIMIT) participated in the recently held business mission ‘Italy to Vietnam 2014’, to meet Vietnamese textile manufacturers and promote Italian textile machineries and ...
Specialty retailer of West Coast inspired apparel & footwear, Tilly’s said in the third fiscal quarter ended November 1, 2014, its net sales dropped 6 per cent from a year ago quarter. In the thirteen weeks period to November 1, ...
Tags: apparel retailer, footwear, Apparel
$2.8 million of non-recurring charges drove net loss higher from a year ago quarter at speciality apparel retailer, New York & Company, in the third quarter ended November 1, 2014. New York & Company said GAAP net loss for the third ...
Tags: GAAP, Non-Recurring Charges, Apparel
This was supposed to be the diamond decade. Back in 2010, De Beers executives were touting that the coming 10 years would bring unprecedented demand and growth to the industry. Almost halfway through, it feels anything but, especially for ...
Tags: Diamond Decade, diamond dealers
Tilly’s, Inc. reported third-quarter earnings slid 16.4 percent to $5.1 million, or 18 cents per share as selling, general and administrative costs grew 15.4 percent, or more than twice as fast as net sales, which grew 6.1 percent. ...
Tags: Tilly, Expenses, Sales, Sporting Goods