Germany based apparel marketer, Tom Tailor Group posted a smart turnaround in its net income, which slipped into black for the first time in two years, in the first nine months of 2014. For the first time in two years, Tom Tailor Group ...
Tags: apparel marketer, retail sale, Apparel
Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
Adjusted EBITDA at NYSE listed, American Apparel, a marketer and retailer of clothing soared 38% year-on-year to $13.5 million in the third quarter ending September 30, 2014. However, net loss for the third quarter of 2014 shot up ...
Tags: Adjusted EBITDA, American Apparel, Apparel
Checkpoint Systems, Inc, a RFID solutions provider for the retail industry, said in the third fiscal quarter of 2014, it reported the highest gross profit margins ever seen in the last ten years. Gross profit margin at Checkpoint expanded ...
Tags: RFID solutions, Gross profit margin, Textile
Denim jeans marketer, Levi Strauss & Co., will shed 500 jobs, primarily from signing a five-year strategic agreement with Wipro Limited, to outsource certain global business services. This decision comes in the new phase of its global ...
The biggest retailer in the world, Wal-Mart Stores delivered near flat third quarter of 2014 diluted earnings per share from continuing operations, from the prior year quarter. Although diluted earnings per share from continuing ...
Tags: retailer, Wal-Mart Stores, Apparel
US based apparel retailer and NYSE listed, Macy’s said its third fiscal quarter ending November 1, 2014, earnings per diluted share jumped 30 per cent from the year ago period, to 61 cents. Total sales in the third quarter of 2014 ...
Tags: apparel retailer, Total sales, Apparel
For third-quarter 2014, 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 $8m (at the bottom of the $8-12m ...
Tags: 2-Inch Sapphire, Electronics
The Boston Beer Company reported third quarter 2014 net revenue of $269.7m, an increase of $53.3m or 25% over the same period last year, mainly due to core shipment growth of 23%. Net income for the third quarter was $37.9 million, or ...
Quiksilver Inc. reached a definitive agreement to sell its majority stake in online retailer Surfdome to Surfstitch of Australia for net proceeds of approximately (US)$16 million for its equity interest, loans and other amounts due from ...
Tags: Quiksilver, Surfdome, Sporting Goods
UK-based Plastics Capital has agreed to acquire packaging manufacturer, Flexipol Packaging, for a maximum consideration of £10.64m. Based in Lancashire, Flexipol produces plastic packaging products like vacuum bags, block bottom ...
Global packaging company Sonoco has announced that it has acquired Germany-based Weidenhammer Packaging Group for $360m (€286m) in cash. Weidenhammer specializes in producing composite cans along with composite drums and rigid ...
China New Borun Corporation has announced its unaudited financial results for the third quarter of 2014. Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, "We're pleased that this third quarter ...
Tags: China New Borun Corporation, financial results, Agriculture
Europe-based corrugated packaging provider DS Smith will be acquiring Spanish corrugated board producer, Andopack for about £35m. DS Smith said that with this strategic investment, the company would get a direct access to Spain's ...
Tags: Spain's Andropack, corrugated board producer, Agriculture