Despite concerns over lethargic industrial output and increasing downward pressure in the first quarter (Q1) of 2015, growth in China's key emergent sectors fed positive sentiment. Industrial output in China grew 6.4 percent year on year ...
China's consumer spending posted a double-digit growth in the first quarter of 2015, despite mounting pressures the country is facing. China's retail sales rose 10.6 percent year on year in the first three months to 7.07 trillion yuan ...
Sika achieved "highly dynamic growth" in the first quarter of 2015, thereby making a strong start to the year despite the very high sales growth in the reference period (2014: 23.3%). At constant exchange rates, sales rose by 5.1% to CHF ...
With the rise of the Chinese middle class, the nation's cruise market will continue to grow, and is expected to become the Asia's largest market by 2020, industry sources said. Data recently released by the Cruise Lines International ...
Tags: Cruise market, Cruise ships
Ecco reported profit after tax increased 7.6 percent in 2014 while revenues grew 9.1 percent. The gains came despite challenging conditions in some markets, most notably in Russia and the Ukraine, which suffered serious economic problems. ...
Tags: Ecco, shopping, Recreation
The Indian textile and apparel industry will clock double digit growth rates of between 8 to 12 per cent or even more in the next fiscal, a top official at textile major Raymond said. Sanjay Behl, CEO at the lifestyle business of ...
Tags: Textile Sector, Textile
China's auto industry saw total sales drop by 0.22 percent to 1.59 million units in February, the first year-on-year drop in two years, data from an industry association showed Tuesday. Sales of passenger cars increased 6.42 percent ...
Tags: auto industry, passenger cars
Beijing-based Xiaomi Inc has set a more ambitious goal for smartphone sales in 2015, the company's founder and CEO revealed on Friday. Xiaomi is expected to sell between 80 million and 100 million smartphones for the whole of 2015, Lei ...
Tags: Xiaomi, smartphone sales, ambitious goal
NYSE listed and US based apparel retailer, Macy’s, Inc said it reported its sixth consecutive year of double-digit growth in adjusted earnings per share in the fiscal month ended January 31, 2015. According to Macy's, in fiscal ...
Tags: apparel retailer, Apparel
China's top smartphone companies challenged Samsung and Apple with surging sales and revenue in 2014, vowing to scramble for a larger share in a global turf war with the top two makers. As one of the major competitors, telecom behemoth ...
Tags: Smartphone, Samsung, Apple
Asian Paints Ltd. has announced its financial results for the quarter and nine months ended December 31, 2014. “We registered single-digit volume growth in the decorative paint segment in India due to sluggish demand conditions," ...
Japanese barcode printing, labelling, and RFID solution major SATO took a majority stake in Russia-based label manufacturer Okil-Holding, JSC, a move which will strengthen its position in the BRIC region. Acquiring approximately 75% of ...
The latest figures from the British Coatings Federation show that for the second consecutive year, paint sales have outperformed GDP, with an increase of 5 percent in volume during 2014, against economic growth of 3 percent. ...
For fiscal second-quarter 2015 (ended 28 December 2014), Cree Inc of Durham, NC, USA has reported revenue of $413.2m, down 3.4% on $427.7m last quarter but similar to $415.1m a year ago and in the upper half of the target range of $400-420m ...
Tags: LED Demand, LED Lighting Offsets, Electrical
Excluding impact from divestiture of Rockport business, currency-neutral sales at Adidas Group rose by 6 per cent from the previous year in 2014, based on preliminary unaudited figures. In euro terms, sales were up 2 per cent to ...
Tags: net income, Apparel