Exports of readymade garments from Bangladesh registered double-digit decline in the first month of financial year 2015-16, according to the latest government data. In July 2015, Bangladesh earned $2.215 billion in garment exports, ...
Tags: readymade garments, knitwear
Due to fast urbanization of the country, traditional villages are facing an unprecedented challenge to survive. According to statistics by the Housing Construction Department, the number of unincorporated villages in the country saw a sharp ...
Retail footfall in July was 1.1% lower than a year ago, up from the 1.5% fall in June and slightly above the three-month average of -1.2%, according to the BRC/Springboard Footfall Monitor for July 2015. High streets and shopping centres ...
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
For second-quarter 2015, 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 $7.1m, down 51% on $14.5m a ...
Tags: Mobile Market, LED light, LED bulb
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
Good dynamics across all segments helped sales at German apparel marketer Tom Tailor Group climb 3.8 per cent year over year for the first half ended June 30, 2015. “Sales increased 3.8 per cent €441.5 million in the reporting ...
Tags: apparel, textile industry, fashion industry
Monte Carlo Fashions (MCFL), a retailer of branded apparels reported that its sales declined 5.9 per cent year over year for the first quarter ended June 30, 2015. In a press release, MCFL said its revenue fell 5.9 per cent from a fiscal ...
Tags: apparels, woolen, woven products
US automotive giant General Motors(GM) has registered 4% dip in its sales in China on a year-on-year basis in July but hopes to maintain strong margins this year. GM and its joint ventures posted sales of 229,175 cars in China in July, a ...
Tags: General Motors, carmaker
Despite, difficult comparisons after record World Cup related sales in the prior year second quarter, topline at Adidas Group expanded 15 per cent year over year in the second quarter of 2015. In the three months to June 30, 2015, in euro ...
Tags: Adidas, Reebok, sports goods
China's producer prices continued to fall in July, pointing to looming deflation risk, data from the National Bureau of Statistics (NBS) showed on Sunday. The producer price index (PPI), a measure of costs for goods at the factory gate, ...
Tags: PPI, PPI contraction
For fiscal 2015 (ended 27 June), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $341.3m, down 12.7% on fiscal 2014's $390.9m. This is due to a 25% ...
Tags: laser product, telecom products
Although Advanced Semiconductor Engineering Inc. (ASE), reportedly the world's No.1 pure IC assembler, posted reduced earnings in the second quarter, the company remains upbeat about its business outlook for the third quarter due to having ...
U.S. specialty jewelry store sales fell 4.4 percent year on year to $2.703 billion in May, according to the latest government calculations. The decline was noticeable considering that preliminary sales of jewelry and watches across all ...
Tags: jewelry, watch sales
The U.S. soybean crop continues to deteriorate, while corn maintains its condition rating, according to the USDA Monday. In its weekly Crop Progress Report, the governmental agency rated the U.S. soybean crop as 62% good/excellent vs. 63% ...
Tags: Soybean Crop, corn