Weak retail traffic and ramped-up discounts to clear merchandise, once again hit profits at denim jeans marketer - Levi Strauss & Co for the third fiscal quarter ended August 24, 2014. In the third fiscal quarter, Levis posted profit of ...
Tags: denim jeans, Levis
New York futures moved higher this week, with December advancing 209 points to close at 63.94 cents/lb, while March gained 174 points to close at 62.27 cents/lb. “After posting a low of 60.83 cents two weeks ago, nearby supply ...
Tags: Cotton, cash market
Net sales for the fourth fiscal quarter ending August 31, 2013 at NASDAQ-listed Costco Wholesale Corporation totalled to $34.75 billion, up 9% from $31.77 billion in fiscal year ending August 31, 2013. Net sales for the full fiscal year ...
U.S. jewelry store sales jumped 8 percent year on year to $2.37 billion in July, according to the government's retail survey. The increase for jewelry stores was stronger than the overall jewelry and watch sector, which recorded a ...
Tags: jewelry store, watch sector
The spot alumina price in China's Henan was rangebound Wednesday at Yuan 2,860/mt ($465/mt) for 70:30 cash and credit payment terms, unchanged from September 30, as the market returned from an extended break from October 1-7 to celebrate ...
Tags: Spot alumina, Mineral
Online shopping has the potential to contribute about 20 percent of Nigeria’s Gross Domestic Product (GDP), according to the CEO of Jumia Nigeria, Nicolas Martin. Martin, discussing on the topic ‘E-commerce as next driver of ...
Tags: Online Shopping, GDP, Accessories
China stands to gain much more than oil from deepening Western sanctions on Russia. Already in May, Moscow's tenuous international position prompted it to make concessions in order to sign a landmark gas supply agreement – the "Power ...
Tags: Oil, Metallurgy, Mineral, Energy
China-based PV module makers have drastically reduced orders released to Taiwan-based crystalline silicon solar cell makers who are subject to US anti-dumping tariffs at an average rate of 24.23%, but some of them are willing to resume ...
Tags: PV solar cell, Taiwan, PV, Solar Cell, PV Module
Irish paper-based packaging producer Smurfit Kappa has agreed to acquire corrugated packaging manufacturer Bates Container for an initial investment of $150m. Bates makes corrugated packaging and provides its services to the Texas region. ...
Shares in De La Rue, the company responsible for printing banknotes in England, have plunged following a profits warning. Profits for this year are now expected to be 20m lower than in 2013/14, and the company has cut its dividend. On ...
Tags: De La Rue, Profit Warning, Printing
A deferred payment of around $7.5m (4.6m) is to be made at a later date to Bates, which employs 320 people and has a 135,000 tonnes of containerboard requirement. The deal, which will be funded from Smurfit Kappa’s cash reserves, is ...
Tags: Smurfit Kappa, Deal, Printing
Higher aluminum prices have prompted some Chinese smelters to abandon production cutbacks and are seen leading to restarts of other plants, chipping away at what was expected to be the first global deficit after years of oversupply. A ...
Tags: Aluminum, physical material, Metal
Fashion and luxury brand Ralph Lauren has announced that the company’s Board of Directors has declared a regular quarterly dividend of US$ 0.45 per share on Ralph Lauren Corporation Common Stock. The dividend is payable on the 10th ...
Tags: Ralph Lauren, US$0.45 per share, Accessories
Exceed Company Ltd., owner of China's Xidelong athletic brand, said it is negotiating with its Chairman and CE0 Shuipan Lin to again extend the deadline for him to close on his proposed acquisition of the company following news that he had ...
Tags: Exceed Company, CE0, Recreation
Axalta Coating Systems has expanded its global product portfolio to include Abcite, a thermoplastic powder coating formulated for toughness, durability and outstanding corrosion protection, without the need of a primer. Abcite offers ...
Tags: Axalta Coating Systems, Abcite, Construction