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
Net sales at apparel marketer and retailer, The Men's Wearhouse zoomed 37.3 per cent from a year earlier quarter in the third fiscal quarter ended November 1, 2014. Men's Wearhouse said its total net sales surged 37.3 per cent or $241.7 ...
Tags: apparel marketer, Men's Wearhouse, net sales, Apparel
Private label beverage producer Cott Corporation has acquired US-based water and coffee producer DSS Group, in a previously announced deal worth $1.25bn. A definitive merger agreement to this effect was signed between both the ...
Tags: water, coffee, Agriculture
California officials notified the American Home Furnishings Alliance (AHFA) late yesterday that they have declined the group’s request for an extension in the deadline for upholstery manufacturers to comply with a new labeling ...
Tags: upholstered furniture, labeling requirement, Furniture
A simple potato extract may limit weight gain from a diet that is high in fat and refined carbohydrates, according to research from McGill University in Canada. The study, published in the November 2014 issue of the Molecular Nutrition ...
Tags: Potato, Agriculture
Australian supermarket Coles is set to refund payments made by certain suppliers, after the supermarket group admitted it engaged in unconscionable conduct when dealing with certain suppliers in 2011. The Australian Competition and ...
Tags: supermarket group, Agriculture
Australian supermarket group Coles’ customer rewards program flybuys has launched flybuys eShops, which enables customers to collect rewards through online shopping at big brands. Coles said flybuys eShops was “an online ...
Tags: Online Shopping, flybuys eShops, Agriculture
November average retail pricing for 7W LED light bulbs (equivalent to 40W incandescents) in the China market increased 12.7% on month to CNY39.1 (US$6.4), while 9W models (equivalent to 60W incandescents) decreased 1.9% to CNY40.80, ...
Tags: 7W LED light bulbs, Lights
Sterlite Grid, a subsidiary of Sterlite Technologies Ltd, has commissioned India’s first ultra mega transmission project, on November 13, 2014. The first line in this project connecting Purnea and Bihar Sharif was commissioned in ...
Tags: Sterlite Technologies, transmission project, Electrical
Brazilian poultry meats exporter and dairy products processor BRF is planning to further expand its operations to Asian markets with partnerships or potential acquisitions. The company mentioned India, Malaysia and Indonesia as ...
Tags: chicken, turkey, pork, Agriculture
Net sales at women’s apparel retailer, Christopher & Banks slipped 6.35 per cent year on year for the thirteen week period ended November 1, 2014, a reflection of its store rationalisation program. Net sales for the third quarter of ...
Non-cash impairment charges of $684.0 million pushed apparel retailer, J Crew Group to post a massive loss in the third fiscal quarter of 2014 as against net income in the prior year quarter. Net loss at the apparel retailer totalled to ...
Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
For its fiscal third quarter ended November 1, 2014, net loss at The Wet Seal, a leading specialty retailer to young women nearly tripled from the year ago quarter. In the third quarter of 2014 net loss nearly tripled to $36.0 million or ...
In the past two weeks, China's stock market, long the subject of neglect, became a public focus, indicating the likely arrival of a bull market period. From Nov. 24 to Dec.5, 2014, the Shanghai and Shenzhen composite indexes rose by 18.13 ...
Tags: Stock Market, bull market