Net profits surged 17 per cent from a year ago period at Swedish apparel retailer H&M Group for the full fiscal year ended November 30, 2014. The Group’s profit after tax increased to SEK 19,976 million or corresponding to SEK 12.07 ...
Tags: apparel retailer, network expansion, Apparel
India has been able to achieve, in fact overshoot its targets set in the previous fiscal year 2013-14 for exports from its textile and apparel sector. Albeit, the target for 2013-14 at $34 billion was down US $4 billion from the target ...
In his Budget speech for Nepali fiscal year 2014-15, that begins on July 16, 2014, Finance Minister Ram Sharan Mahat has proposed special waiver of value-added tax (VAT) for readymade garment (RMG) industries. The step is aimed at ...
Tags: Mahat, Apparel, Accessories
The exports of readymade garments from Bangladesh increased by 14.83 percent to US$ 22.178 billion during the first eleven months of the ongoing fiscal year 2013-14, as against $19.313 billion worth of exports made during the corresponding ...
Bangladesh, the second largest readymade garment exporter, has urged Japanese entrepreneurs to increase the share of Bangladeshi garments in their total apparel import from the current 1.77 percent to at least 10 percent. Speaking at a ...
Tags: Garments, readymade garment
Exports of coir and coir products from India touched an all-time high totaling Rs. 14.76 billion, registering a surge of 32 percent year-on-year, during the last fiscal year of 2013-14, owing to robust consumption from China, as per the ...
Tags: Coir, Coir products
Momentive Specialty Chemicals Inc. announced results for the fourth quarter and year ended December 31, 2013. Fourth Quarter 2013 Highlights -Total revenues increased 11% to $1.20 billion primarily reflecting an increase in oilfield, ...
Tags: oilfield, specialty epoxy
The exports of readymade garments from Bangladesh increased by 15.38 percent to US$ 19.97 billion during the first ten months of the ongoing fiscal year 2013-14, as against exports of $17.307 billion made during the corresponding period of ...
The exports of readymade garments from Nepal increased by a sharp 52.8 percent to Np Rs. 3.615 billion (US$ 37.633 million) during the first eight months of the ongoing financial year that began on July 16, 2013, compared to exports of Rs. ...
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2013-14 ended March 31. For the given period, Kobe Steel has reported a net profit of JPY 70.2 billion ($686.4 million), compared to a net loss ...
Tags: Steel, Metallurgy, Mineral, Construction
Jos. A. Bank Clothiers, Inc. announced that adjusted earnings per diluted share were $1.07 for the fourth quarter of fiscal 2013, representing a 9% increase compared to adjusted earnings per diluted share of $.98 in the fourth quarter of ...
Tags: Jos A Bank, EPS
Shoe Carnival, Inc., a leading retailer of value-priced footwear and accessories, reported results for the fourth quarter and fiscal year ended February 1, 2014. The fourth quarter of fiscal 2013 included 13 weeks compared to 14 weeks ...
Tags: footwear, Shoe, Shoe Carnival
The Wet Seal, Inc., a leading specialty retailer to young women, announced results for its fiscal fourth quarter and full year ended February 1, 2014. The Company noted that fiscal 2013 had 52 weeks versus 53 weeks in fiscal 2012; results ...
New York & Company, Inc., a specialty apparel chain with 507 retail stores, announced results for the fourth quarter and full fiscal year ended February 1, 2014 (“fiscal year 2013”). The Company noted that fiscal year 2013 ...
The exports of readymade garments from Bangladesh jumped by 16.68 percent to US$ 16.138 billion during the first eight months of the ongoing fiscal year 2013-14, compared to the $13.83 billion exports made during the corresponding period of ...
Tags: Garment Exports, Apparel, knitwear