Iconic denim apparel marketer - Levi Strauss & Co has partnered with IFC, a member of the World Bank Group to provide financial incentives for garment suppliers in developing countries. This new supplier finance program, which was ...
Tags: denim apparel marketer, Global Trade Supplier Finance, Apparel
The textile industry of Iran needs to form a network of marketing and sales units in factories, as the industry has a high value for finished products and can maintain a working capital for producers, according to Golnaz Nasrollahi, General ...
Net profit for the second fiscal quarter ending September 30, 2014, slipped 30.2% year-on-year at value-added yarns and home textile producer - Sutlej Textiles and Industries Ltd (STIL). In the second quarter of fiscal 2014-15, profit ...
Tags: Sutlej Textiles and Industries Ltd, topline performance, Textile
In the second quarter of fiscal 2014-15, revenues and EBITDA surged 22% and 21%, respectively, from a year ago quarter, at Welspun India, a part of the $3 billion BK Goenka led, Welspun Group. Steered by strong volume growth, revenue at ...
Tags: EBITDA margin, Welspun India, Textile
Diamond Estates Wines & Spirits has completed the sale and leaseback of its De Sousa Estates Winery in Beamsville, Ontario to Oakwest Corporation, a corporation that owns approximately 31% of the issued and outstanding common shares of the ...
Tags: Diamond Estates, common shares, Agriculture
Lassonde Industries posted sales of $315m in the third quarter of 2014, a 22.3% increase year over year. Profit attributable to the Company's shareholders for this period totalled $10.6m, down $0.6m from the third quarter of 2013. "Our ...
Tags: Financial results, Apple&Eve, Agriculture
Sonoco has signed a definitive agreement to acquire Weidenhammer Packaging Group, Europe's leading provider of composite cans along with composite drums and rigid plastic containers, for AU$443 million, in cash. [The final consideration is ...
For third-quarter 2014, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported its third consecutive quarter of revenue growth, ...
Tags: GigOptix, analog semiconductor, optical communications
Despite a drop in revenues, adjusted earnings per share soared 36% year-on-year at PolyOne Corp in the third quarter ended September 30, 2014, driven by mix improvement and accelerated Spartech synergies. "As a result of mix improvement ...
For its fiscal first-quarter 2015 (ended 28 September 2014), Cree Inc of Durham, NC, USA has reported revenue of $427.7m, up 9% on $391m a year ago but down 2% on $436.3m last quarter (and below the $440-465m forecasted in mid-August). ...
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
Diageo-owned Indian alcoholic beverages company United Spirits is planning to divest two distilleries in the states of Andhra Pradesh and Kerala. The move is in line with the company's strategy to boost its resources by cutting down ...
Tags: United Spirits, Distilleries, Food
Tata Steel UK Holdings Limited, a subsidiary of India-based Tata Steel Limited, has announced that it has executed agreements for the refinancing of its bank debt through term loan and revolving credit facilities of €3.05 billion. ...
Tags: Tata Steel, Refinancing Agreements
Back in May I read a post by Eyal Rosenberg, CEO of payment automation software maker Nipendo, who made reference to an auto industry survey that highlighted the importance of supplier liquidity, including the negative impact that a slow ...
Tags: Chain Financing, trade tips
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food