Energizer Holdings, Inc. announced results for the fourth fiscal quarter and full fiscal year 2013, which ended September 30, 2013. For the full fiscal year, the Company reported net earnings per diluted share of $6.47, an increase of 4.0% ...
Gap Inc. announced that Sonia Syngal has been promoted to lead the company’s Global Supply Chain division, effective immediately. She succeeds Colin Funnell who will retire from the company, following a nine-year Gap Inc. career ...
Tags: Sonia Syngal, Apparel
Recession in the Chinese shipbuilding industry still continues. CSSC Jiangnan Heavy Industry Co., Ltd., (SHSE: 600072), a listed arm of China State Shipbuilding Corp. (CSSC), released financial for the third quarter of this year on ...
Tags: Transportation, Shipbuilding
RNB RETAIL AND BRANDS AB has entered into an agreement to sell the subsidiary JC to Denim Island AB. Denim Island AB is a part of Denim Island Group owned by Gordon Wu. The buyer Denim Island Group is a leading producer of denim products as ...
Tags: Denim Island, RNB Retail
Bangladesh’s central bank, Bangladesh Bank, has announced creation of a Tk 1 billion refinance fund for the country’s jute sector. Addressing a press conference, Bangladesh Bank’s deputy governor SK Sur Chowdhury ...
Tags: jute sector, Bangladesh Bank
The Textile Industry Division, Government of Pakistan, has divided 1,250 acres of industrial land at the Pakistan Textile City into 277 plots of varying sizes ranging from 0.5 acres to 5 acres, APP reported. Of the 277 plots, 14 are to ...
Tags: Textile City, Textile Industry
Maple Leaf Cement, has recorded an abnormal growth in profits, which was driven by higher cement prices, lower coal prices, dipping interest rates and tax reversal. According to a notice sent to the Karachi Stock Exchange, the ...
Tags: Construction, Decoration, cement
India’s carpet exports grew by 2 percent year-on-year and reached US$ 85.65 million in August 2013, owing to increasing demand from emerging markets like China, Latin America and Africa, according to data provided by the Carpet Export ...
The exports of hand-knotted carpets from Nepal fell 12.4 percent year-on-year during the Nepali fiscal year that ended on July 15, 2013, according to the data released by Nepal Rastra Bank. In fiscal year 2012-13 Nepal exported ...
Tags: Carpet Exports, Textile
China Eastern Airlines Group, parent of leading Chinese airline China Eastern Airlines Corp. Ltd. (SHSE: 600115 and SEHK: 0670), plans to quit Cathay Life Insurance Co., Ltd. It put a 50 percent stake in the 50-50 joint venture with ...
Tags: Service
JoS. A. Bank Clothiers, Inc announces that net income for the second quarter of fiscal year 2013 was $14.2 million as compared with net income of $23.2 million for the second quarter of fiscal year 2012. Diluted earnings for the second ...
Tags: Apparel, JoS.A.Bank
The exports of carpets from India rose by 14.3 percent year-on-year in July 2013, due to growing demand from the US, China and Latin American markets. During the month, India exports US$ 90 million worth of carpets, compared to exports of ...
Bank of Beijing (SHSE: 601169), a city-level commercial lender in the Chinese mainland, is brought under the limelight owning to a president personnel change. It said in a statement recently that Yan Xiaoyan, the former president of ...
Tags: Beijing Bank, economy
It is learned that the German steel giant ThyssenKrupp recorded a loss of €1.2 billion euro in the first three quarters of this fiscal year, down by 23% compare to loss of €0.98 billion in the same period last year. The main ...
Tags: Thyssenkrupp, Mineral
India’s textile and apparel exports for the quarter of April to June in fiscal year 2013-14 totaled US$ 7.79 billion which is almost the same as the exports made during the first three months of last fiscal year. The textile and ...