Driven by reduced markdowns, American Eagle Outfitters posted a 200 basis points from a year earlier quarter hike in gross profit margins for the third quarter ended November 1, 2014. Gross profit increased 6 per cent year on year to $315 ...
Tags: buying, occupancy, warehousing deleverage, Apparel
India’s auto component manufacturer Pricol has acquired a Brazilian auto component firm Melling do Brasil through its wholly-owned Spanish subsidiary Pricol Espana. The company has informed BSE that its Board of Directors has ...
Tags: oil, water pumps, cold start valves, Auto
Posted in Medical Device Business by Chris Newmarker on December 11, 2014 2014 has turned out to be a pretty decent year for the world’s 40 largest medical device companies: Only six of them have seen their stock prices decline, and ...
Tags: Medical Device, Health
LED packaging service provider Harvatek will cooperate with affiliated equipment maker YoungTek Electronics to adopt the latter's automation equipment to start automated production of LED light bulbs for reducing production cost in 2015, ...
Tags: LED Light Bulbs, Lights
For the third fiscal quarter ending November 1, 2014, retailer, Sears Holding Corp reported a marginal drop in net loss vis-a-vis the quarter ended November 2, 2013. Net loss at Sears totalled $548 million or $5.15 loss per diluted share ...
Tags: Sears Holdings, Apparel
Sports Direct International Plc reported group revenue rose 6.5 percent to .43 billion in the 26 weeks ended Oct. 26. The UK-based retailer, which has been acquiring retailers across Europe, reported revenues at its Sports Retail division ...
Tags: Premium Lifestyle, Sporting Goods
Lululemon Athletica Inc. reported net revenue increased 10 percent to $419.4 million for the third quarter ended Nov. 2, from $379.9 million in the third quarter of fiscal 2013. The retailer, which is fending off growing competition in the ...
The International Air Transport Association (IATA) has released its air cargo report and outlook. Air freight volumes continue to show solid gains on a year ago, supported by improving growth in trade in some regions, but weakness in load ...
Tags: load factors, yields, Service
Since the 21st century, China has seen rapid development of the welding equipment industry, and become the world's largest producer and exporter of welding equipment. In 2013, the enterprises with the annual sales revenue of over RMB20 ...
Tags: welding equipment, Manufacturing
Emcore Corp of Alhambra, CA, USA, which makes compound semiconductor-based components and subsystems for the fiber-optics market, has completed the sale of its Space Photovoltaics business (announced on 17 September) to SolAero Technologies ...
Tags: fiber-optics market, solar cells, Electrical
Taiwan's leading machine-tool makers are accelerating their investment plans to alleviate the problem of insufficient production capacity, despite the hazy business outlook for 2015. The Tongtai Group's board of directors recently ...
Tags: machine-tool, Machinery
Brands from the Asia-Pacific region have emerged as major players in the global packaged food industry over the last decade, according to market research organisation Euromonitor International. Euromonitor has released its 2014 list of ...
Tags: Asia-Pacific region, Food Brands
Premium water brand Fiji Water has launched its iconic square bottle designed products to Coles stores nationally. The water brand is available now in Coles supermarkets nationally in the 1 litre size. “We’re excited to ...
Tags: Fiji Water, Bottled water
Fox Factory Holding Corp. entered into a definitive agreement to acquire substantially all the assets of the Race Face and Easton Cycling businesses, formerly Race Face Performance Products, Inc. and 0999324 B.C. Ltd. Race Face/Easton ...
Tags: Cycling, Sporting Goods
Nutroganics has inked a letter of intent to acquire certain assets of soy yogurt brand Wholesoy for an undisclosed amount. Wholesoy offers organic, non-gmo verified, soy yogurt to natural foods retailers such as Whole Foods and specialty ...
Tags: soy yogurt, Agriculture