Net revenue for the first fiscal quarter ended May 3, 2015 at apparel retailer Lululemon Athletica Inc. climbed 10 per cent to $423.5 million from $384.6 million in the first quarter of fiscal 2015. “Total comparable sales, which ...
Tags: Lululemon Athletica, Apparel
GT Nexus and trade finance solutions provider SeaburyTFX announced today a new funding program that leverages big data on the GT Nexus platform to deliver suppliers access to low cost capital. The program opens the flow of capital into ...
Tags: GT Nexus Tool, SeaburyTFX
India has risen to 15th position on the back of solid growth in retail sales and strong prospects for future GDP growth, according to global management consulting firm A.T. Kearney's Global Retail Development Index (GRDI) 2015 that surveyed ...
Tags: India retail, E-commerce, Economy
The study shows that M&A activity has slightly boosted the European packaging industry during a difficult time, with key deals having been completed in the UK. The study, 'Investment Analysis of the European Packaging Industry', also ...
Tags: Packaging, Printing, European Packaging
Smithfield Foods, a subsidiary of WH Group, has divested its 37% stake in Campofrio Food Group to Mexican firm Alfa for $354m. Based in Spain, Campofrio offers processed and canned meat, derivatives from pork and beef by-products, and ...
Nomad Holdings has completed the previously announced acquisition of frozen food company Iglo Foods from Permira Advisers for €2.6bn. Said to be Europe's largest branded frozen food company, Iglo operates in 12 countries in Europe, ...
Tags: Agriculture, Food, frozen food
For the first fiscal quarter ended May 2, 2015, net income doubled over the same quarter of previous fiscal at apparel retailer and NYSE listed, Tilly’s, Inc. Net income for the first quarter of fiscal 2016 reached $1.3 million, or ...
Tags: apparel retailer, Apparel
For the for the thirteen weeks period ended May 2, 2015, GAAP net loss soared at apparel retailer and NYSE listed Abercrombie & Fitch Co. First quarter of fiscal 2016 GAAP net loss surged to $63.2 million or $0.91 loss per diluted share ...
Tags: Abercrombie&Fitch, Apparel
NYSE listed and apparel marketer Deckers Brands reported a 15.6 per cent year over year hike in net sales for the fourth fiscal quarter ended March 31, 2015. “Net sales increased 15.6 per cent to a record $340.6 million in the ...
Tags: Deckers Brands, apparel
Genesco Inc. reported earnings slid 29.3 percent in its first quarter to $9.9 million, or 42 cents a share. Earnings, adjusted for one-time gains and costs, were 51 cents per share, falling well short of Wall Street's consensus estimate of ...
Tags: Genesco, Wall Street Targets
Remington Outdoor Company reported sharply higher losses in the first quarter ended March 29 as sales declined by $53.9 million, or 21.2 percent. The country's largest manufacturing of firearms said sales reached $201.3 million compared ...
Tags: Remington Outdoor, Sporting Goods
Chiripal Group company and India’s second biggest denim fabric producer, Nandan Denim Limited posted revenue growth of 22.7 per cent year over year in the fourth fiscal quarter ended March 31, 2015. In a press release, Nandan Denim ...
Tags: denim fabric, Textile
Small and medium-sized enterprises (SME) continue to face a myriad of challenges in the current business environment, and this is unlikely to change in the near future. Disruptive technologies and innovation are accelerating the need for ...
New Zealand dairy giant Fonterra Co-operative Group has cut the current season forecast Farmgate milk price to $4.40 per kilo of milk solids (kgMS) after the increase in global commodity prices failed to meet the required expectations. ...
Tags: Fonterra, Farmgate Milk Price
Suntory Beverage & Food (SBF) has signed a basic agreement to buy beverage business of Japan Tobacco (JT) for $1.2bn. According to SBF, the deal also includes acquisition of canned coffee brand Roots and peach-flavored drink brand Momono ...
Tags: Suntory, Japan Tobacco