In the fiscal year ending August 31, 2014, UK online fashion retailer – ASOS reported a 14 percent year-on-year drop in pre-tax profits to £47 million. ASOS said profits were impacted from the huge fire at its Barnsley depot ...
Tags: ASOS, Retailer, Accessories
Monro Muffler Brake Inc. posted net income of $16.3 million on net sales of $221.3 million for its second quarter ended Sept. 27, 2014. That compares to income of $13.6 million on sales of $205.3 million for the same period last year. The ...
Driven by strong growth in its outdoor & action sports portfolio and its direct-to-consumer business, revenues at apparel marketer – VF Corp rose 7 percent from a year earlier quarter to $3.5 billion in the third fiscal quarter ending ...
Tags: Apparel, action sports Apparel
US based apparel marketer – Gap Inc said its Board of Directors have approved a new $500 million share repurchase authorization for its common stock. The new $500 million stock repurchase program follows its previous $1 billion ...
Rohm upgraded its earnings forecast for the April-September half, raising guidance for net profit to 19 billion yen ($178 million), up 55% on the year and some 9 billion yen higher than previously predicted. Sales of the Japanese ...
Tags: Smartphone Electronics
More Canadians will turn to the Internet for presents this holiday season, according to a report from Solutions Research Group. Based on 1,000 interviews with Canadians, the report found that 65 percent of Canadians have bought something ...
Tags: mobile phones, Online Shopping
The world’s biggest retailer - Walmart Stores expects an increase in global e-commerce sales of around 25 percent in fiscal year 2016, and anticipates growth over the three-year period from fiscal years 2016 through 2018 to average 30 ...
In August this year, India's industrial production increased by 0.4 percent year on year, according to government data. Industrial production in the April-August period of the current fiscal year (started April 1) increased by 2.8 percent ...
Tags: India's Basic Metal, Output, Energy
In September this year, Indian motor vehicle production (including passenger cars, commercial vehicles, three wheelers and two wheelers) increased by 22.45 percent year on year to 2,227,140 units, according to the Society of Indian ...
Tags: Indian Motor Vehicle, Output, Energy
Huddle House, the full-service family restaurant franchise known for serving "Any Meal. Any Time.", signed five new franchise agreements in September. The agreements are for restaurants in Sealy, Texas, Owensboro and Elizabethtown, Ky., ...
Tags: Huddle House, Agreements, Food
Following dull September sales, US apparel retailer - JC Penney revised downwardly comparable store sales for the third quarter of 2014, which it now expects to be in the low-single digit range, compared to its original guidance of ...
Mondelez International, an American multinational confectionery, food and beverage conglomerate, has named Brian Gladden, 49, as their new chief financial officer. Gladden, a former CFO of Dell, will be assuming office from December 1. ...
Tags: Mondelez International, CFO, Food
Net sales for the fourth fiscal quarter ending August 31, 2013 at NASDAQ-listed Costco Wholesale Corporation totalled to $34.75 billion, up 9% from $31.77 billion in fiscal year ending August 31, 2013. Net sales for the full fiscal year ...
Toray Industries’ group operating profit apparently grew 13% on the year to around 50 billion yen ($462 million) for the April-September half as carbon fiber sales made up for lower-than-expected sales in other segments. The figure ...
Tags: carbon fiber
Apparel retailer Gap Inc. named Art Peck, who currently oversees Growth, Innovation and Digital division as its next CEO, effective from February 1, 2015 and succeeds Glenn Murphy. Murphy and Peck worked side-by-side and dramatically ...
Tags: Gap, Art Peck, Accessories