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 ...
In the third quarter ending September 30, 2014, higher sales volume of high margin ethane-based products, helped net profit at Petronas Chemicals climb 4.1 percent, from a year ago quarter. Net profit in the third quarter of 2014 rose to ...
Apparel retailer and NYSE listed, Kate Spade & Company reported a surge of 30% in fiscal third quarter ending October 4, 2014 revenues, from a year ago quarter. Kate Spade said net sales from continuing operations for the third quarter of ...
Tags: net sales, Apparel retailer
In the first nine months of 2014, net income plummeted 21% year-on-year at adidas Group to € 630 million from € 796 million in the same period of 2013. Correspondingly, basic and diluted earnings plunged to € 3.01 per share ...
Tags: adidas Group, net income, Apparel
For the second fiscal quarter ending September 30, 2014, net profit shot up 60%, while sales climbed 17%, both growths coming from a year ago periods, at Shoppers Stop Ltd (SSL). SSL reported a gross retail turnover of Rs. 942.76 crore ...
“We need to change how fashion is made and consumed” said the H&M CEO, Karl-Johan Persson, while speaking about the role played by his company in the sustainable fashion industry at the just held BSR conference, a forum which ...
Tags: transparency and transformation, social sustainability, Apparel
Thailand based, Indorama Ventures Public Company Limited (IVL) said in the first nine months of fiscal 2014, its core net profit skyrocketed in triple digits, from the same period of previous fiscal year. IVL, a producer of intermediate ...
Tags: intermediate petrochemicals, crude oil prices, Textile
III-nitride epitaxial material supplier EpiGaN nv of Hasselt, Belgium has been named in the 2014 Global Cleantech 100's Ones to Watch list, produced by San Francisco-based Cleantech Group (whose mission is to connect corporates to ...
Despite a 16.26 percent revenue hike in the second quarter of fiscal 2014-15, impacted by higher depreciation and amortisation costs, net profit at Vardhman Textiles Ltd sank 48.4 percent, year-on-year. The vertically integrated Indian ...
Tags: cotton prices, yarn prices, Textile
Kornit Digital, a global marketer of industrial direct-to-garment (DTG) textile printing technology said it is showcasing its latest technologies at FESPA China & CSGIA 2014. One of the highlights at its booth – 1401, Kornit said, ...
Net profit for the second fiscal quarter ending September 30, 2014, slipped 30.2% year-on-year at value-added yarns and home textile producer - Sutlej Textiles and Industries Ltd (STIL). In the second quarter of fiscal 2014-15, profit ...
Tags: Sutlej Textiles and Industries Ltd, topline performance, Textile
Germany based apparel marketer, Tom Tailor Group posted a smart turnaround in its net income, which slipped into black for the first time in two years, in the first nine months of 2014. For the first time in two years, Tom Tailor Group ...
Tags: apparel marketer, retail sale, Apparel
In the second quarter of fiscal 2014-15, revenues and EBITDA surged 22% and 21%, respectively, from a year ago quarter, at Welspun India, a part of the $3 billion BK Goenka led, Welspun Group. Steered by strong volume growth, revenue at ...
Tags: EBITDA margin, Welspun India, Textile
Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
“The one biggest area within the cotton industry which holds the potential for improvement and efficiency is logistics,” said three speakers at the ICAC Plenary Meeting held in Greece. That was the takeaway message delivered ...
Tags: cotton industry, Costs of logistics, Textile