Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...
Tags: Steel, Metallurgy, Mineral
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
Union Budget 2015-16 presented by finance minister Arun Jaitley last week has no measures on promoting apparel manufacturing in India, says an expert of India’s clothing and retail industry. “Considering that this ...
Tags: Apparel Manufacturing, Apparel
Mexico-based soft drink bottler Coca-Cola Femsa has plans to invest $200m to expand its operations in Brazil. The company intends to use the investment on developing different kinds of packaging such as minipets. It will also invest in ...
Tags: soft drink, Coca-Cola
In the fourth quarter of 2014, adjusted earnings per share at retailer Target Corporation grew 14.9 per cent from the same quarter of 2013. Adjusted earnings per share rose to $1.50, up 14.9 per cent from $1.31 in 2013, while full-year ...
Ireland has passed a new law introducing plain tobacco packaging, becoming the first country in the EU, under which all forms of branding, including logos and colours for cigarette packs will be prohibited. The new law, which prompts the ...
Tags: Packaging Law, Cigarette
China's government policies for supporting the local IC design industry have put less emphasis on intervention measures such as offering tax breaks, providing direct financial support, and making purchases of domestic products, while ...
Tags: IC Design, IC Industry
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
As the Japan government is set to reduce feed-in tariffs for PV power-generating stations with installation capacities of at least 10KWp from JYP32 (US$0.27)/kWh currently to JPY25-29/kWh in 2015, the total installation capacity for newly ...
For the fourth fiscal quarter ended January 31, 2015, net sales at NYSE listed and apparel marketer, Gap Inc rose 3 per cent year on year to $4.71 billion. For the fourth quarter of fiscal 2015, on a constant currency basis, net sales ...
Tags: Clothing Marketer, Apparel
Brand & Retail, the branded apparel segment at textile and denim major, Arvind Ltd witnessed sales surging 21.1 per cent year on year in the third fiscal quarter ended December 31, 2014. Net sales for the third quarter of fiscal 2015 in ...
“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
Pakistan’s ministry of textile industry has announced the long-awaited Textile Policy 2014-19, which sets annual exports target of US$ 26 billion by 2019. “The annual exports target of $26 billion by 2019 is ambitious but ...
Tags: Textile Policy, Textile
Vishay Intertechnology Inc. reported that its fourth-quarter net earnings attributable to stockholders declined to $29.2 million or $0.19 per share, from $30.0 million, or $0.20 per share in the comparable quarter last year. Net earnings ...
Despite a delayed 2014 winter, sales in the third fiscal quarter ended December 31, 2014 at fashion apparel marketer Monte Carlo Fashions, surged 18.7 per cent from a year earlier quarter. Monte Carlo said revenues rose 18.7 per cent to ...
Tags: fashion apparel, apparel