With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
Net sales lifted 16.74 per cent year on year in the fourth fiscal quarter ending November 30, 2014, at one of the biggest global apparel retailer and Sweden based, H&M Group. As per provisional figures, for the fourth quarter of 2014, H&M ...
Tags: apparel retailer, Apparel
Driven by UK sales but let down by international sales, online fashion retailer, ASOS managed to post a sales growth of 8 per cent year on year in the three months ending November 30, 2014. Although international sales dropped by 2 per ...
Tags: online fashion retailer, trading, Apparel
For the nine month period ending October 31, 2014, Spanish apparel marketer, Inditex said its revenues lifted 7 per cent year on year to €12.7 billion. Sales in local currencies in the reporting period were up 10.5 per cent from the ...
Tags: apparel marketer, Net profit, Apparel
The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...
US based apparel marketer and NYSE listed, PVH Corp said its earnings per share for the third fiscal quarter ended November 2, 2014 rose in double digits from the prior year quarter. On a non-GAAP basis, PVH which has marquee fashion ...
Tags: Calvin Klein, Apparel
McDonald’s global sees drop in sales McDonald’s Corporation has announced that global comparable sales decreased 0.5 per cent in October 2014, which it said reflected the impact of “business challenges” such as ...
Tags: McDonald, Agriculture
Impacted by foreign exchange fluctuations, NYSE listed, apparel marketer, Gap Inc reported flat sales growth in the third quarter of fiscal 2014-15 as against the same period of previous fiscal year. For the third quarter of 2014, Gap net ...
Tags: Sales Growth, Exchange Fluctuations, Apparel
Amer Sports reported net sales of €645.8 million ($856 mm) for the quarter ended Sept. 30, up 6.1 percent compared with €608.9 million a year earlier. Net sales increased by 6.0 percent in currency-nuetral terms. The Finnish ...
Tags: Amer Sports, Softgoods, Footwear
Akzo Nobel N.V. has reported positive volume growth and, for the fifth consecutive quarter, an improvement in Return on sales (ROS) – from 8.0 percent to 9.1 percent. Excluding restructuring costs of €55 million, ROS was 10.6 ...
Tags: AkzoNobel, Performance Coatings
Europe is showing a steady recovery after several economically depressed years with growth in local currencies of 6.5% in 2013, up slightly from the 5.3% growth rate of the prior year to $23,597 million from $21,747 million. The European ...
Tags: Sports Goods, e-commerce
In the nine months to August 31, 2014 sales including VAT in local currencies at Swedish apparel retailer H&M surged 15 percent, year-on-year. Converted into SEK, sales excluding VAT amounted to SEK 108,775 million, up 18 percent from SEK ...
TAF's U.S. franchisees have agreed to switch to a more vertical business model with a clearer single positioning and drive product strategy in a single direction, similar to the strategy utilized by the major U.S. integrated athletic ...
Tags: footwear, TAF USA, Sporting Goods
The total wholesale value of the branded athletic footwear market reached $46,515 million in 2013 compared to $44,462 million the prior year, considerably aided by the big boost in Nike’s U.S. basketball business. That helped overcome ...
China plans to roll out its national market for carbon permit trading in 2016, an official said Sunday, adding that the government is close to finalising rules for what will be the world's biggest emissions trading scheme. The world's ...
Tags: Metallurgy, Mineral, Energy, Carbon