The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
Footfall in January was 1.2% lower than a year ago, down on the 0.7% fall in December. Shopping centres reported the largest decline, falling 2.8%, while high streets experienced a 1.6% decline in footfall, up on the 1.8% fall in December. ...
Tags: Consumer Confidence, Footfall
Cotton imports by the Southeast Asian nation of Indonesia decreased by 2.16 per cent in 2014, according to the data from Statistics Indonesia. During the year, Indonesia imported cotton (HS Code 52) worth US$ 2.499 billion, compared to ...
Tags: Cotton Imports, Textile
German apparel marketer, Tom Tailor Group said despite a difficult market environment, it was able to achieve sales growth of 3 per cent year on year in 2014. Tom Tailor Group was able to hike sales to €932 million in 2014 as against ...
Tags: Tom Tailor, apparel
U.S. specialty jewelry store sales fell 4 percent year on year to $6.11 billion in December, closing the year on a downer. December's sales total was the weakest since 2011 and followed a 6.2 percent decline for stores in November; still, ...
Tags: Jewelry Store, Jewelry
Manchester United reported that revenue from its Nike managed merchandising business, which Adidas will take over next season, continued to decline in the fiscal second quarter. Man U reported Retail, Merchandising, Apparel & Product ...
Tags: Nike, Adidas, Sporting Goods
For the first fiscal quarter ended December 27, 2014, net loss climbed to $4.2 million or $0.53 per diluted share from a net loss for the prior year quarter of $1.6 million or $0.20 per share at Delta Apparel. “While lower sales ...
Tags: Delta Apparel, apparel marketer
According to Bloomberg.com, Apple's latest "bigger than bigger" slogan for the iPhone is turning out more and more apt as the company sets the record as the first US company to be worth more than $700 billion. This is the first time a US ...
The Cotton Association of India (CAI) has downwardly revised the country’s cotton output for the ongoing season 2014-15 to 397 lakh bales of 170 kg each from its December 2014 estimate of 400.25 lakh bales, a news agency reported. ...
Tags: Cotton Output, cotton production
For the fourth fiscal quarter ended January 4, 2015, Gildan Activewear said it slipped in to losses, when compared with fourth fiscal quarter of previous year. Gildan reported a net loss of US$41.2 million or US$0.34 per diluted share for ...
Tags: Gildan Activewear, Apparel
Irrespective of the fine print in the Trans-Pacific Partnership (TPP) agreement, expected to be signed this year, Vietnam’s apparel industry is likely to benefit at the expense of its South Asian competitors like Bangladesh and Sri ...
Tags: Apparel Industry, Apparel
For the second fiscal quarter ended January 3, 2015, sales from continuing operations were up 4.6 per cent from the year ago quarter at apparel retailer and NASDAQ listed, Bebe Stores. Net sales from continuing operations increased 4.6 ...
Tags: Bebe Stores, Apparel
Virtually all the indicators, from manufacturing activity to trade data, point to weakening. Expectations of an immanent reduction in the real interest rate have never been higher, despite the central bank's insistence on reining in ...
Tags: economic growth, trade data
Notebook shipments (excluding detachable models) by the top-five vendors as well as top-three ODMs suffered a sequential decline of 25% and 19%, respectively, in January due to a high level of inventory at channels which resulted mainly ...
Tags: Notebook, top-three ODMs