For the second fiscal quarter ending September 30, 2014, net profit shot up 60%, while sales climbed 17%, both growths coming from a year ago periods, at Shoppers Stop Ltd (SSL). SSL reported a gross retail turnover of Rs. 942.76 crore ...
The American multinational clothing and accessories retailer Gap Inc. is set to open its first-ever Old Navy outlet in Shenzhen, a city located in the south of Southern China’s Guangdong Province, on November 8, 2014. In a bid to ...
Tags: clothing retailer, omni-channel, Apparel
Thailand based, Indorama Ventures Public Company Limited (IVL) said in the first nine months of fiscal 2014, its core net profit skyrocketed in triple digits, from the same period of previous fiscal year. IVL, a producer of intermediate ...
Tags: intermediate petrochemicals, crude oil prices, Textile
Despite a 16.26 percent revenue hike in the second quarter of fiscal 2014-15, impacted by higher depreciation and amortisation costs, net profit at Vardhman Textiles Ltd sank 48.4 percent, year-on-year. The vertically integrated Indian ...
Tags: cotton prices, yarn prices, Textile
For the third fiscal quarter of 2014, gross margin at apparel retailer JC Penney expanded 710 bps over the same quarter of the previous fiscal year. In the third quarter ending November 1, 2014, gross margin stood at 36.6 per cent of ...
Tags: apparel retailer, gross margin, Apparel
Revenue and EBITDA surged 17 and 52 per cent, respectively from a year ago quarter at the fashion and lifestyle business of Kumaramangalam Birla led, Aditya Nuvo, in the second fiscal quarter ended September, 30, 2014. Led by revenue ...
Tags: Pantaloons, Jaya Shree Textiles, Apparel
A new polypropylene plant will come up at IndianOil’s Paradip Refinery Project complex at Paradip in India’s eastern coastal state of Odisha. Foundation for the Rs 3150 crore polypropylene plant was laid by Minister of State ...
Tags: polypropylene plant, catalyst, Textile
Net profit for the second fiscal quarter ending September 30, 2014, slipped 30.2% year-on-year at value-added yarns and home textile producer - Sutlej Textiles and Industries Ltd (STIL). In the second quarter of fiscal 2014-15, profit ...
Tags: Sutlej Textiles and Industries Ltd, topline performance, Textile
Driven by acquisition of Makerbot, NASDAQ-listed, Stratasys Ltd said its third quarter of 2014 revenues zoomed 63%, while organic sales surged 35%, both from a year earlier quarter. Revenue for the third quarter of 2014 totalled $203.6 ...
Tags: MakerBot branded products, Textile
Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
In the second quarter of fiscal 2014-15, revenues and EBITDA surged 22% and 21%, respectively, from a year ago quarter, at Welspun India, a part of the $3 billion BK Goenka led, Welspun Group. Steered by strong volume growth, revenue at ...
Tags: EBITDA margin, Welspun India, Textile
Checkpoint Systems, Inc, a RFID solutions provider for the retail industry, said in the third fiscal quarter of 2014, it reported the highest gross profit margins ever seen in the last ten years. Gross profit margin at Checkpoint expanded ...
Tags: RFID solutions, Gross profit margin, Textile
In its unaudited standalone financial results for the second fiscal quarter ending September 30, 2014, Indian textile major, Arvind Ltd reported a 4.13 percent year-on-year rise in net profits. Arvind, an integrated textiles producer, ...
Tags: Indian textile major, net profits, Textile
In an update on its third fiscal quarter ending November 1, 2014 performance, Mike Jeffries led apparel retailer, Abercrombie & Fitch said its sales slipped 12%, from a year earlier quarter. Net sales for the third quarter of 2014 went ...
Tags: Mike Jeffries led apparel retailer, Net sales, Apparel
NYSE-listed and clothing retailer, Gap Inc has approved a quarterly dividend of $0.22 per common share for holders of the Company’s common shares. The dividend will be paid on or after January 28, 2015 to shareholders of record at the ...