Driven by Bonita brand sales, revenue in the first quarter ended March 31, 2015 rose 3.4 per cent year over year at German apparel marketer Tom Tailor Group. “And also despite a challenging environment, we were able to hike sales by ...
Tags: Bonita, apparel, textile market
China raised the consumption tax on cigarettes from five percent to 11 percent, announced the Ministry of Finance in a statement on Friday. Each cigarette will be taxed an additional 0.005 yuan during the wholesale process, effective from ...
Tags: Tax Rate, Cigarettes
Driven by currency translation effects that had a positive impact on sales in euro terms, Adidas reported a 17 per cent year over year sales surge in the first quarter ended March 31, 2015. In the first quarter of 2015, Adidas Group ...
Tags: Positive Currency, Adidas Sales
In constant currency, sales at UK fashion retailer Primark were 15 per cent ahead from the first half of fiscal 2014, for the 24 weeks period ended February 28, 2015,. At actual exchange rates and as a result of the weakening of the ...
Tags: fashion retailer, Primark
U.S. specialty jewelry store sales fell 5.4 percent year on year to $2.72 billion in February, according to government calculations. The sales decline was much more severe than preliminary totals for jewelry and watch sales across all ...
Tags: specialty jewelry, watch sales
Net loss widened steeply by 63.15 per cent at US apparel marketer Perry Ellis International for the 2015 fiscal ended January 31, 2015. On a GAAP basis, net loss for fiscal 2015 was $37.2 million, or $2.50 per diluted share compared to ...
Tags: GAAP basis, sportswear collection, Apparel
Sino-American Silicon Products (SAS) will expand annual production capacity for solar-grade crystalline silicon ingots and wafers from 900MWp and 850MWp respectively in 2014 to 1.1GWp and 1GWp respectively in 2015, the company said at an ...
Tags: SAS, Silicon Products, Lights
Taiwan-based crystalline silicon solar cell makers have been impacted by the US imposing an average 19.5% anti-dumping tariffs rate. But rooftop PV systems, especially those built with high-efficiency cells, will provide market ...
Tags: PV, solar cell, Lighting
Cotton exports from India are expected to fall 41 per cent over 2013-14 to a five-year low of 7 million bales (1 bale=170 kg) in the 2014-15 season, which is also down from 9 million bales forecast last October. Speaking to reporters, ...
Tags: Textile, CAB, Indian Cotton
REI announced its support of the 100th anniversary of the National Park Service in 2016 through a multi-year, multi-million dollar partnership with the National Park Foundation, the official charity of America's national parks. The ...
Tags: REI, The national parks, Sporting Goods
China-based LED packaging service provider MLS has extended production to own-brand LED lighting and began to sell LED light bulbs and tubes in the US market in 2014, and expects LED lighting revenues from the US in 2015 to grow on year by ...
Tags: LED Lighting, US market, LED
Earnings per share on a non-GAAP basis surged 23 per cent at apparel marketer PVH Corp which has brands like Calvin Klein and Tommy Hilfiger in its portfolio for the fourth quarter ended December 31, 2014. PVH said its fourth quarter ...
Tags: PVH Corp, Heritage brands business, Apparel
Significantly decreased global demand has pressed Taiwan-based crystalline silicon solar cell makers to lower quotes from an average level of US$0.30-0.32/W for polycrystalline silicon models in February 2015 to that of US$0.28-0.32/W ...
Lextar Electronics and Everlight Electronics have seen utilization rates rise to 80% and expect the rates to further rise to 100% and 85%, respectively, in the second quarter of 2015 due to increasing orders for LED lighting and ...
Tags: Lextar, Everlight, Lextar Electronics
In 2014, specialty chemicals group Lanxess said it substantially improved its operating result and net income in a challenging market and competitive environment. Although sales declined slightly by 3.5 per cent to around €8 ...
Tags: Lanxess, specialty chemicals