Fifth&Pacific Companies Inc revised forecasted 2012 adjusted EBITDA from a range of$125 to$140 million to$100 to$115 million.The Company also announced preliminary Q3 2012 direct-to-consumer comparable sales(inclusive of e-commerce net ...
Tags: EBITDA, comparable sales, net sales, e-commerce, Fifth&Pacific
Grey Mountain Partners announced that Norm Plotkin has been named CEO of Binswanger Enterprises,LLC.Plotkin brings with him a 24-year track record of successfully managing and growing companies in a number of industries,including ...
Tags: Norm Plotkin, Binswanger Enterprises, Grey Mountain Partners
Ennis Inc.reported financial results for the three and six months ended August 31,2012. Financial Overview Our consolidated net sales were$138.3 million for the second quarter ended August 31,2012 compared to$130.4 million for the ...
Tags: Ennis, financial results, apparel sales, apparel market
The Prada SpA Board of Directors today examined and approved the interim report for the six months ended July 31,2012 which shows positive results,in line with the trend of growth now enjoyed by the Group for a number of reporting periods. ...
Tags: Prada SpA, satisfying results, report, Net Revenues
The decline in turnover and results figures already recorded by Danish timber trading group Dalhoff Larsen & Horneman (DLH), during the first three months of 2012 continued during throughout the period from April to June. Thus turnover in ...
Tags: market view, timber
Wolford Aktiengesellschaft,a publicly listed company on the Vienna Stock Exchange,seamlessly continued its positive sales development in the third and fourth quarters of the previous year during the first quarter of the current fiscal ...
Tags: Wolford Aktiengesellschaft, luxury brand, sales, distribution network
Much of Europe is now in the midst of an economic downturn,which is likely to plunge the region into its second recession in four years. But most of Europe's large and even medium-sized coating companies,as well as many of their raw ...
Tags: A Double-Dip Recession, Economic Downturn, The Coatings Sector
Solvay announced that it has signed an agreement to acquire a controlling interest in Sunshield Chemicals,an Indian company specializing in surfactants,from Amit Choksey Group.This acquisition will enable Solvay's Novecare business to ...
Tags: Solvay, Accelerate, Acquire, Coatings Market
UK-listed Ukrainian dairy firm Ukrproduct reported higher first-half profits thanks to its branded products and its production of fermented beverage kvass. Net profit more than doubled to GBP636,000 (US$1m) in the six months to the end of ...
Tags: dairy firm, fermented beverage kvass, profits, dairy, kvass
Myer Holdings Limited releases full year results ending 28 July 2012. Financial highlights Sales • FY2012 sales down 1.3% to $3,119 million, down 2.0% on a comparable store sales basis • 2H2012 sales down 0.7% to ...
Tags: Myer, financial, strong gross, Myer Exclusive Brands, reducing shrinkage
The turnover and results figures of Swedish window manufacturer Inwido declined further in the period from April to Jun 2012. Thus the operative result (EBITDA) declined by half to SEK92m and the EBITA plummeted to SEK66m. In this context a ...
Tags: market view, window
US retailer Kroger has raised its full-year earnings guidance after booking an increase in first-half profits. In the six months to the end of June, earnings climbed to US$718.4m from $713.1m a year earlier, the company reported today (7 ...
Tags: retailer, raised earnings guidance, supermarket, increase
Phoenix IT today confirmed it was investigating issues within its own accounting that could lead to a £14m reduction in its net assets. The firm, which provides managed hosting, cloud and networking services to UK businesses, ...
Tags: Phoenix IT, managed hosting, cloud services, networking services
X5 Retail Group has booked a 20.6% decline in first-half profits, with declining sales and margins hitting the bottom line and currency exchange dampening comparisons. The company said today (21 August) net profit slipped to US$135.2m in ...
Tags: retailer, net sale, report, X5 Retail Group
UK frozen food manufacturer Iglo Group has booked an increase in first-half profits but warned it expects markets in the second half of the year to remain "challenging". EBITDA in the six-month period climbed 12.8% to GBP180.3m ...
Tags: frozen food, snacking, takeaway style, fish, poultry, vegetables