Red ink was splashed across all financial parameters, including revenue and net loss at womenswear apparel retailer The Wet Seal in the fiscal second quarter ended August 2, 2014. The Net sales were down 11.2% to $121.2 million in the ...
Tags: Apparel, Textile, Womenswear
JDSU of Milpitas, CA, USA says that its board of directors has unanimously approved a plan to separate JDSU into two independent publicly traded companies: An optical components and commercial lasers company (CCOP), consisting of JDSU's ...
NYSE-listed apparel retailer, Oxford Industries, Inc. reported rise in net sales of 5% to reach $246.2 million in second fiscal quarter ended August 2, 2014, compared to $235.0 million in the second fiscal quarter of 2013. On an adjusted ...
Net loss climbed nearly 27% from a year earlier at Hancock Fabrics, Inc., a retailer of fabrics, sewing materials, etc, in its second fiscal quarter ended July 26, 2014. Hancock reported a net loss of $3.3 million, or negative $0.16 per ...
Tags: Textile, Fabric, Hancock Fabric
Manufacturing is an integral part of a nation's fiscal stability and prosperity. Nurturing and growing the manufacturing infrastructure is a critical goal for building and maintaining an economically competitive edge, reducing unemployment, ...
Tags: Robots, Industrial Equipment
Brazilian steelmaker Companhia Siderurgica Nacional (CSN) will have to pay BRL 4 billion (US$1.78 billion) to the country's revenue service Receita Federal as a result of unpaid taxes. According to the nation's fiscal council Carf, CSN ...
Tags: Metallurgy, Mineral, Energy
In its fiscal year ending July 5, 2014 Bebe stores, a retailer of women’s apparel was able to reduce its losses by $9.7 million or 14.1%, when compared with the previous fiscal year ending July 6, 2013. Net loss from continuing ...
Tags: Bebe, finished goods, women's apparel
A 27% plunge in American continent sales, led NYSE-listed marketer of outdoor sports apparel - Quiksilver, Inc., to report a steep 19% year-on-year drop in global revenues for the third fiscal quarter ending July 31, 2014. Net revenues in ...
Tags: Sports Apparel, outdoor apparel
Quiksilver, Inc. reported revenues fell 19.0 percent in its third quarter ended July 31, to $395.7 million. On a currency-neutral basis, sales were down 17 percent for the Quiksilver brand, 9 percent at Roxy, and 34 percent at DC Shoes. The ...
Tags: Sporting Goods, Recreation
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
Global manufacturer and exporter of home textiles - Himatsingka Group plans to double revenue from its brands in the home textiles space. In the just completed fiscal year 2013-14, home textile brands in the group’s portfolio ...
Tags: home textiles, Himatsingka Group
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
Although revenue rose 12% year-on-year, net income at multi-brand retailer of women's, men's and children's apparel J.Crew Group, Inc. plunged 38.28% in the second fiscal quarter of 2014. Net income dived 38.28% to $17.5 million in the ...
Tags: Apparel, Accessories, Children's apparel
Led by a surge in net income, diluted EPS skyrocketed 62.5% year-on-year at Zumiez Inc, a retailer of action sports related apparel, footwear and accessories for the second fiscal quarter ended August 2, 2014. Net income in the second ...
Tags: Apparel, Accessories
For the month of August 2014, apparel retailer Gap posted flat sales when compared with the same month of 2013. Net sales in August 2014 stood at $1.23 billion, same as in August 2013. However, comparable sales for August 2014 were down 2 ...