Driven by mattress fabric sales, revenue at NYSE-listed Culp, Inc., one of the world's largest marketers of mattress fabrics for bedding and upholstery fabrics rose 8.4 percent in the first fiscal quarter ending August 3, 2014. Net sales ...
Tags: Textile, Mattress Fabrics, Fabrics
Evonik has invested in its German operations with new large-scale industrial plants, capacity expansions, and new research centers. The company plans to invest some two billion Euros of the extensive investment program it has developed as ...
Tags: Chemicals, Construction, Decoration
To get more orders from global markets, Bangladeshi apparel exporters should concentrate on manufacturing more value added products, South Korean envoy to Bangladesh said. Bangladeshi textile and apparel industry should move beyond ...
Tags: Apparels
For the thirteen week period ended August 2, 2014 or the second fiscal quarter of 2014, net income leapt massively from a net loss in the corresponding quarter of 2013 at specialty women's apparel retailer and NYSE-listed Christopher & ...
Tags: Apparel, Accessories
Driven by over a 20% rise in wholesale sales, revenues ascended 15.9% year-on-year at UK-based SuperGroup Plc, which manages the Superdry fashion brand in its first fiscal quarter ended July 26, 2014. SuperGroup said that during the first ...
Tags: Apparel, Accessories, Clothing Economy
Womenswear specialty retailer - The Wet Seal will raise $18.5 million by selling shares of its Class A common stock to a limited number of institutional investors in a private placement. Wet Seal said it has entered into a securities ...
Tags: Womenswear, Wet Seal, Apparel
IATA reports that air freight volumes were up by a strong 5.8% in July compared to a year ago. This is an acceleration on June, when freight tonne kilometres rose 2.4%, and reflects improving demand conditions in some regions. There was ...
Tags: Air Freight, Service
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
As part of the agreement, Cree will invest approximately $83 million to purchase 83 million Lextar shares at a price of NT$30 per share. Lextar and Cree will also enter into a long-term LED chip supply agreement, as well as a ...
Tags: Cree, Lextar, LED Cooperation
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
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
Despite a 50% growth in the North American online business, net earnings crashed 50.5% year-on-year at lifestyle apparel retailer Guess Inc in the second fiscal quarter ending August 2, 2014. For the second quarter of 2014, Guess ...
Aussie apparel retailer Billabong International Limited was able to significantly reduce its net loss in the fiscal year ending June 30, 2014, when compared with fiscal year of 2013. Including significant items and discontinued ...
Lextar Electronics Corp of Hsinchu Science Park, Taiwan (a vertically integrated manufacturer of high-brightness LED epitaxy, chips and packages, as well as smart lighting products) and LED chip, lamp and lighting fixture maker Cree Inc of ...
Tags: Cree, Taiwanese LED Maker Lextar, Electrical
TOKYO — The Ministry of Economy, Trade and Industry is asking for 5 billion yen ($47.6 million) in the fiscal 2015 budget to create an environment more encouraging to entrepreneurs. Japan aims to double the annual business startup ...
Tags: Steps, Japan, Electrical