The U.S. Senate has moved toward a vote to impose sales tax on most Internet purchases, with lawmakers likely to vote to close debate on legislation next week. On Thursday, Senate Majority Leader Harry Reid, a Nevada Democrat, filed a ...
Tags: Sales Tax
The Etam Group generated sales of €1,216.9 million in 2012, including a positive currency impact of €40.3 million relating mainly to the appreciation of the yuan against the euro. This represents an increase of 2.8% versus 31 ...
Tags: Etam Group, Apparel
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
As mentioned in the interim report for H1 2012/13 IC Companys’ future quarterly reporting will be presented differently in order to reflect the new segmentation of the business. This will have effect as of Q3 2012/13. The new ...
Tags: business segments, Apparel
With happy customers all across the globe, Irene’s Story aims to provide only the trendiest and most contemporary fashion to women. From the comfort of their homes and offices, modern women can simply click the mouse and buy ...
Tags: contemporary fashion, apparel, Denim Shorts
Consumers cooled spending in March as the impact of colder weather across the country and harmful fiscal policy, namely the payroll tax hike, caught up to the economy and weakened retail sales. According to the National Retail Federation, ...
Tags: Economic Policy, Retail Sales
The sale of sports goods and equipment in Pimpri-Chinchwad has been constantly increasing at about 15 percent annually. However, traders believe that the difficult business environment and shrinking profit margins will deteriorate the ...
Tags: Sports Business, sports equipment
GE and Lufkin Industries Inc. announced a joint agreement whereby GE will acquire Lufkin Industries Inc., a provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 ...
Tags: GE, Lufkin Industries
Coming off a better than expected month in February, retail sales were somewhat lackluster in March, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported ...
Tags: retail sales, retail, Manufacturing
Dairy co-operative Irish dairy board (IDB) has reported that its net revenues increased by 2.4% to €2.02bn for the fiscal 2012, compared with €1.98bn in 2011, driven by growth in its Consumer Foods and Dairy Trading & Ingredients ...
Tags: Irish Dairy, Dairy
In line with its image building exercise to win market access, All Pakistan Textile Mills Association (APTMA) leadership briefed Ausberto Rodriguez Jara, the Ambassador of Paraguay about the strengths of textile industry in Pakistan the ...
Tags: Paraguay Envoy, Pak Textile Sector
EU-listed and large private oil, gas and mining companies will be forced to reveal more about their payments to governments under new EU rules agreed informally late Tuesday by EU negotiators. Some big oil companies, including Shell, had ...
Ming Furniture Representing the zenith of Chinese furniture, Ming furniture is treasured for its precious wood, comfortable design, simple decoration and superb craftsmanship. Background Ming furniture dates from the end of the Ming ...
Swiss cocoa and chocolate products manufacturer Barry Callebaut has reported that its net profit for the first half of 2012-13 declined 7.4cto CHF116.4m ($124.5m), compared with CHF125.7m ($134.4m) for the same period in 2011-12. The ...
Tags: Barry Callebaut, Net Profit
For fourth-quarter 2012, 5N Plus Inc of Montreal, Quebec, Canada, a producer of specialty metal and chemical products, has reported revenue of $128.6m, up 6.5% on $120.7m last quarter but down 13.9% on $149.4m a year ago. Revenue for ...