It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
The IATA reports that air freight volumes were up 3.3% in April compared to a year ago, which was below the 4.3% expansion seen so far this year. The April result provides a clearer reading of air freight market performance, after holiday ...
U.S. specialty jewelry store sales fell 2.4 percent year on year to $2.221 billion in April, according to government calculations. The decline at specialty stores was more pronounced than the sector as a whole, as jewelry and watch sales ...
Tags: jewelry store, Jewelry
China's real estate market, widely scrutinized for its significance to the world's second largest economy, has shown glimmering signs of bottoming out in big cities. The property market remains largely anemic, but a string of indicators ...
Canadean expects global consumption of cider to grow around 5% annually to reach over three billion litres in 2020. Although the UK will remain the world's largest cider market, it will lose considerable consumption share to the US, ...
Tags: consumption of cider, Food
The Volkswagen Passenger Cars brand delivered 2.48 (January-May 2014: 2.55; -3.0 percent) million vehicles from January to May this year. 499,500 (May 2014: 531,100; -5.9 percent) vehicles were handed over to customers in May. Commenting ...
Destination Maternity Corporation, the world's leading maternity apparel retailer reported a marginal dip in net sales for the first quarter ended May 2, 2015. Net sales for the first quarter of fiscal 2016 were $141.6 million compared ...
According to the International Textile Machinery Federation (ITMF), shipments in most of the textile machinery segments experienced declines in 2014. Deliveries of new short-staple spindles in 2014 fell by 15 per cent as against 2014, ...
Tags: Textile Machinery, Textile
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
Wholesale prices fall from the boom years as oversupply hits the industry Tumbling prices have left the traditional Chinese medicine industry in poor health. Finding the cure will not be easy. Oversupply, poor planning and increased ...
The National Development and Reform Commission, the nation's top economic planner, said on Monday that retail prices of gasoline would be cut by 110 yuan ($17.78) a metric ton, or 0.08 yuan a liter from Tuesday, while diesel prices would ...
In the 2015/16 season, world cotton imports may recover modestly, increasing 2 per cent to 7.7 million tons with imports outside of China rising by 3 per cent to 6.1 million tons. In 2011/12, Chinese imports more than doubled from the ...
Textile exporters in India are a worried lot after failing to meet the export target for the last financial year, according to media reports. "These declining trends in exports are a matter of deep concern," Texprocil chairman R K Dalmia ...
Tags: Textile
For the first fiscal quarter ended May 2, 2015, net income doubled over the same quarter of previous fiscal at apparel retailer and NYSE listed, Tilly’s, Inc. Net income for the first quarter of fiscal 2016 reached $1.3 million, or ...
Tags: apparel retailer, Apparel
Driven by massive reduction in expenses, Future Lifestyle Fashions Ltd (FSFL) slipped in to profits in the fourth fiscal quarter ended March 31, 2015 as against a steep loss in the same quarter of previous fiscal. In a BSE filing, the ...