Adidas AG reported first-quarter profit decreased 34 percent from the prior year, as revenues declined, hit by adverse currency and weakness in the golf unit. Revenue at TaylorMade slumped 38 percent in the first quarter as a result of ...
Tags: Adidas, First-Quarter Profit
"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...
Tags: Construction, Decoration, Chemicals, Oil, Gas
"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
The exports of garments from India have grown by 15.5 percent year-on-year to US$ 14.94 billion in the financial year 2013-14 that ended on March 31, 2014, according to the Apparel Export Promotion Council (AEPC). The figures were ...
Tags: Garment Exports, garments
The exports of garments from India have grown by 15.5 percent year-on-year to US$ 14.94 billion in the financial year 2013-14 that ended on March 31, 2014, according to the Apparel Export Promotion Council (AEPC). The figures were ...
Tags: Garment Exports, apparel industry
The exports of garments from India have grown by 15.5 percent year-on-year to US$ 14.94 billion in the financial year 2013-14 that ended on March 31, 2014, according to the Apparel Export Promotion Council (AEPC). The figures were ...
Finland-based steelmaker Ruukki has issued its financial results for the first quarter of the current year, stating that it expects demand for steel to pick up slightly in 2014. Nevertheless, demand growth will continue to be limited by ...
Tags: Steel Demand, Ruukki
Akzo Nobel N.V. reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
Akzo Nobel recently reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
There was no shortage of news for the cotton market to digest this week as ICE futures lost over 300 pts basis the K4 contract. Losses on Monday were re-couped on Tuesday ahead of the USDA's monthly WASDE report, which contained few ...
The H&M Group’s sales including VAT increased in local currencies by 12 percent during the first quarter. Converted into SEK, sales excluding VAT amounted to SEK 32,143 m (28,392), an increase of 13 percent. Gross profit amounted ...
Tags: H&M, online markets, H&M stores
Inditex's net sales increased by 5% in FY13 (1 February 2013 - 31 January 2014) to €16.7 billion. Sales in constant currency terms grew by 8% and like-for-like sales grew by 3% during the same period, on top of the 6% achieved in FY12. ...
Starting Monday the value of the renminbi will be allowed to fluctuate 2% above or below a daily reference rate set by the People’s Bank of China. Widening the band, which had a 1% range in both directions since April 2012, was a ...
Tags: Yuan Trading Band, central bank
Whether you see Bitcoin as the future of finance or a reckless gamble, the digital currency has become headline news over the past year, even as its origins remain shrouded in mystery. Bitcoin began as a means of payment but quickly ...
Tags: Bitcoin, Digital Currency, Speculators
Bitcoin exchange MtGox faced massive hacker offensives last month, coming under some 150,000 DDoS attacks per second for several days ahead of its spectacular failure, a report said Sunday. The Tokyo-based exchange, which filed for ...
Tags: Bitcoin, Consumer Electronics