FGL cretail sales and same-store sales grew 6.8 percent and 4.8 percent respectively in the second quarter ended July 4, compared with the same period last year, parent company Canadian Tire Corporation (CTC), Limited reported Thursday. ...
Tags: sports goods, FGL cretail sales
361 Degrees International Limited, which sells sporting goods through more than 7,400 franchised retail outlets in China, reported sales reached RMB2.2 billion in the six months ended 30 June, up grew 5.7 percent compared with the first ...
Tags: sports goods, 361 Degrees, footware
Li-Ning Company Limited swung to a profit on double-digit sales growth in the first half ended June 30 thanks to 17.0 percent growth at its flagship Li Ning brand and a big reversal in impairment charges to it accounts receivables. The ...
Tags: sports goods, Li-Ning Company, Li Ning sales
Nordstrom, Inc. reported net sales reached $3.6 billion in the fiscal second quarter ended August 1, up 9.2 percent compared with a year earlier, thanks to acquisitions, the addition of 33 new retail locations and a 4.9 percent increase in ...
Tags: sport goods, Nordstrom, Inc., company sales
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
For second-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $7.1m, down 51% on $14.5m a ...
Tags: Mobile Market, LED light, LED bulb
Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
The Taiwan Cabinet or its executive ministry plans to spend roughly NT$36 billion (US$1.16 billion) over the next nine years on its “Productivity 4.0” project beginning this year, with the aim of boosting the island's total ...
Tags: Productivity 4.0, 4.0 standards
BASF is investing in the expansion and flexibilization of its production facilities to manufacture chelating agents at its site in Ludwigshafen. By increasing the production capacity, the company is responding to the rapidly growing global ...
Tags: BASF, chelating agents
Castle Brands, a developer and international marketer of premium and super-premium branded spirits, today reported financial results for the quarter ended June 30, 2015. Net sales increased 37.8% to $16.5 million for the first quarter of ...
Tags: spirits, Whiskey, Ginger Beer
According to the data, Chinese smartphone market contracted 4% in H1 of 2015. The worldwide smartphone market kicked off the year with an expected post-holiday dispersion in shipment volume compared to the previous quarter's unprecedented ...
Tags: Smartphone, Huawei, Lenvo
Electric motors and motion subsystems firm Johnson Electric Holdings will purchase Stackpole International group of companies, an engine and transmission pumps powder metal components supplier for automotive sector in a deal valued at ...
Tags: Electric motors, motion subsystems
Monte Carlo Fashions (MCFL), a retailer of branded apparels reported that its sales declined 5.9 per cent year over year for the first quarter ended June 30, 2015. In a press release, MCFL said its revenue fell 5.9 per cent from a fiscal ...
Tags: apparels, woolen, woven products
Textile spinning mills affiliated to the Northern India Textile Mills' Association (NITMA) are considering cutting back production and shutting down their mills once a week against the current trend of operating a mill 24x7. In a press ...
Tags: spinning mills, yarn, Textile
China aims to build a world-class utility tunnel network by 2020 to improve urban planning and achieve quality growth, according to the State Council, China's cabinet. The tunnels will help solve the problems of "road zippers" and ...
Tags: tunnel network, heating cables