Canadian dairy group Saputo looks set to quit Europe after deciding to close plants in the UK and Germany. Saputo said today (25 February) it did not have the "critical mass" for its European operations to be profitable. It announced ...
Tags: dairy group, Saputo, Europe
The Apparel Export Promotion Council (AEPC) has rolled out an ambitious plan to increase India’s apparel exports to US$ 30 billion in three years, AEPC chairman Dr. A Sakthivel has said. Speaking at a function to present awards ...
Tags: AEPC, apparel exports, India
Luxury and fashionable women’s lingerie brand Van de Velde announces its annual results for year 2012. - Consolidated turnover rises by 1.1%. - A decrease in wholesale turnover, a slight fall in gross margin and an important ...
Tags: lingerie brand, Van de Velde, 2012
In contrast, operating profit rose by 9.6 percent to € 67.7 million (previous year: € 61.8 million). The resulting operating margin of 14.7 percent for 2012, therefore above the prior year’s level (previous year: 11.9 ...
Abercrombie & Fitch Co. reported preliminary unaudited fourth quarter and fiscal year ended February 2, 2013 results Fiscal Year 2012 Summary Net sales for the fifty-three weeks ended February 2, 2013 increased 8% to $4.511 billion from ...
Tags: Sales, Abercrombie&Fitch, Apparel
Indian textile and garment industry, a key player in the national economy and the second largest employer of skilled and unskilled workers after agriculture, is on a revival track due to increase in demand of yarns, fabrics and clothing ...
Tags: textile industry, garment industry, Textile
Hewlett-Packard reported a drop in profit for the last quarter as printer and PC sales both declined, but said cost-cutting measures the company announced last year are starting to pay off. HP reported earnings for the first quarter of ...
Tags: Hewlett-Packard, profit, PC sales
Seven years after the release of the PlayStation 3, Sony has disclosed details about its new PlayStation 4 gaming console, which it said will be out by the end of this year. Sony introduced its latest console at an event in New York City ...
Tags: Sony, PlayStation 4, gaming console
Hewlett-Packard's CEO has dismissed persistent rumors that the company might break itself up in a move that could create more value for shareholders. "We have no plans to break up the company. I feel quite strongly that we are better and ...
OSRAM Opto Semiconductors GmbH of Regensburg, Germany, a wholly owned subsidiary of Osram GmbH, is the world's second largest manufacturer of optoelectronic semiconductors after LiteOn and followed third place by Cree Inc. One of the main ...
Tags: Osram Opto Semiconductors GmbH, led, Light-emitting diode manufacturers
The net sales of Subaru in the first three year was 13,707 million yen (about 14.67 billion dollars), an increase of 33.2% compared with the same period of the previous year. During the period from 2012 April to December, Subaru car sales ...
Tags: Subaru, net sales, Subaru car
Spanish discount retailer Dia said it ended fiscal 2012 having achieved the targets it set itself at the start of the year after booking an increase in profit boosted by growth in Iberia and Brazil. Earnings in the 12 month period were up ...
Tags: discount retailer, Dia, profit
US poultry group Sanderson Farms has indicated its first-quarter margins remained under continued pressure from high feed costs despite rising poultry market prices. The company said today (21 January) that net sales for the three months ...
Tags: Sanderson Farms, irst-quarter margins, high feed costs
Yammer plans to roll out an integration with the SkyDrive Pro cloud storage product and the Office Web Apps Web-hosted productivity application suite this summer. The initiative is part of Yammer's push to deepen and extend the ...
Tags: Yammer, cloud storage product, Web Apps
Bakkavor has booked an increase in earnings during 2012 as the group was able to extend its "market leading positions" in the chilled and convenience sectors. The company today (21 February) revealed that operating profit rose to GBP56.8m ...