Although logistics division sales expanded by a massive 66 per cent, overall sales at Li & Fung rose marginally by just 1.4 per cent for the period ended December 31, 2014. Li & Fung said total sales grew 1.4 per cent to US $19,288 ...
Tags: Li&Fung Sales, Global Brands, Apparel
For the fourth quarter and fiscal year ended January 31, 2015, net sales at New York & Company, a specialty apparel chain with 504 retail stores slipped marginally year over year. In a press release, New York & Company said net sales ...
Tags: specialty apparel, apparel
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
Ecco reported profit after tax increased 7.6 percent in 2014 while revenues grew 9.1 percent. The gains came despite challenging conditions in some markets, most notably in Russia and the Ukraine, which suffered serious economic problems. ...
Tags: Ecco, shopping, Recreation
Handset IC suppliers including Qualcomm, MediaTek and Spreadtrum tend to lower prices to win orders from their major clients, which may negatively affect their gross margin performance in 2015, according to industry sources. With China's ...
Tags: Handset IC, Smartphones
The Ghana Chamber of Commerce and Industry (GCCI) has signed a Letter of Collaboration with the United States Agency for International Development’s (USAID) West African Trade Hub and African Partners Network, to establish a framework ...
Spain based Inditex Group, which has notable fashion brands like Zara in its portfolio, said its sales in the twelve months to January 31, 2015, rose 8 per cent year over year. Sales in fiscal 2014 grew 8 per cent from the previous fiscal ...
Tags: fashion brands, apparel market
South African food company Pioneer Foods is planning to buy more assets in African countries following the acquisition of major stake in Nigerian firm Food Concepts. The South African firm, which recently completed the $7m purchase of ...
Tags: beverages, investments, Food
Scania is one of the world’s leading manufacturers of trucks and cfor heavy transport applications, and of industrial and marine engines. Core to Scania’s operations is to provide solid parts and service support as well as ...
Tags: Scania, trucks, heavy transport applications, buses
DSW Inc. reported earnings on an adjusted basis rose 13 percent to $30.9 million, or 35 cents a share, exceeding its guidance calling for earnings between 21 and 31 cents a share. Comparable sales increased 7.6 percent. Highlights: ...
Tags: DSW Inc, sales growth
Net income for the thirteen weeks ended January 31, 2015 at The Children's Place, Inc, a pure-play children's specialty apparel retailer in North America was up from same period of previous year. Net income for the reporting quarter stood ...
An Indian footwear trade body has requested finance minister Arun Jaitley to reduce the high excise duties imposed on non-leather footwear in the latest Union Budget. The All India Footwear Manufacturers and Retailers Association (AIFMRA) ...
The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday.However, inadequate battery technologies and ...
Tags: Electric Cars, clean energy
Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
It's no more a dream to enjoy a free ride with the driver dressed in a suit holding the car door and even carrying the luggage for you, thanks to the heavy coupons companies have been throwing around since day one of chauffeur-driven ...
Tags: Transportation, UCAR