General Motors has announced the exit of its Opel brand from Russia market by December 2015 as well as planned an overhaul of its entire business model in the country. Apart from taking off its Opel brand, the company will also minimize ...
Tags: Motor, Business Model, Auto Parts
DSW Inc. reported earnings on an adjusted basis rose 13 percent to $30.9 million, or 35 cents a share, exceeding its guidance calling for earnings between 21 and 31 cents a share. Comparable sales increased 7.6 percent. Highlights: ...
Tags: DSW Inc, sales growth
Quiksilver Inc. reported its losses narrowed on a 13.7 percent decline in sales for the first quarter ended Jan. 31, but of the "revenue cut-off issue" the company cited two weeks ago as the reason for postponing the release of the ...
Tags: Quiksilver, Q1 Sales, Footwear
Molycorp, Inc. has announced financial and operating results for the fourth quarter and full year 2014. FOURTH QUARTER 2014 RESULTS The Company reported consolidated net revenues of $116.2 million, a 6% decrease over the third quarter ...
Tags: Molycorp, Rare Metals
Retail Acquisitions Ltd has acquired apparel retailer BHS Group Ltd, which has 171 stores across the UK, significant assets, long-standing and loyal suppliers and great international franchise partners. Philip Green, chairman of ...
Tags: Retail Acquisitions, BHS Group, apparel
US based apparel marketer, Iconix Brand Group said it has acquired the remaining 50 per cent of Iconix China from its joint venture partner, Novel Fashion Brands Limited. Novel Fashion Brands was owned by the Chou family and the deal ...
Net sales for the thirteen weeks ended January 30, 2015 at NYSE listed, Dollar General Corporation grew 9.9 per cent from a year earlier quarter. In a press release, Dollar General said its net sales increased 9.9 per cent to $4.94 ...
Tags: Dollar General, Apparel
China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...
Tags: economy growth, economic reforms
Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
It's no more a dream to enjoy a free ride with the driver dressed in a suit holding the car door and even carrying the luggage for you, thanks to the heavy coupons companies have been throwing around since day one of chauffeur-driven ...
Tags: Transportation, UCAR
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
Heineken has expressed interest in acquiring Slovenian brewer Pivovarna Lasko, in a deal that would allow the Dutch brewing company to enter into Slovenia where it is not currently present. Lasko is up for sale since last year and ...
Gross profit at apparel retailer American Eagle Outfitters surged 13 per cent year over year in the fourth fiscal quarter ended January 31, 2015 driven primarily by reduced markdowns. In the fourth quarter of fiscal 2015, gross profit ...
Tags: American Eagle, apparel retailer
Marketer of everyday basic apparel, HanesBrands said it has executed its previously announced 4-for-1 stock split. “The New York Stock Exchange began reporting the split-adjusted number of shares outstanding and per-share stock ...
Tags: HanesBrands, basic apparel
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...