Despite a sharp decline in oil prices, the world economic outlook is subdued, weighed down by underlying weakness elsewhere, says the International Monetary Fund (IMF) in its latest update to the World Economic Outlook (WEO). Compared ...
Tags: oil prices, world economic outlook, Textile
Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both ...
Tags: hard goods, footwear, Sporting Goods
University of Sydney-based research centre the Fresh Produce Safety Centre has launched two landmark research projects, which it says are aimed at improving the safety of Australian and New Zealand fresh produce. Australian Food News ...
The following installment of MarketEYE offers the reader both an annualized summary and a month-by-month analysis of the global passive electronic component markets for calendar year 2014. Passive electronic components are defined for the ...
Tags: electronic components, Electrical
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
To reaffirm Inditex’s commitment to the China—a market that plays an increasingly significant part in the Spanish fashion retailer’s business—Pablo Isla, chairman and CEO travelled to China this week and met Zhong ...
The babycare's third quarter results show an increase of 1.1 per cent in like-for-like sales as the team continues its plans to turn the business around. Mothercare is continuing its plans to turn the business around as the retailer ...
Tags: babycare retailer, online sales, Toys
US based home textiles retailer, Bed Bath & Beyond Inc said its sales grew 2.7 per cent from a year earlier quarter for fiscal 2014, ended November 29, 2014. Net sales for the fiscal third quarter of 2014 amounted to $2.94 billion, up 2.7 ...
Tags: Net sales, credit card, Textile
Hit by online delivery woes in the peak Christmas season, Marks & Spencer (M&S) reported the 14th consecutive quarter of decline in the general merchandise division sales for the thirteen weeks to December 27, 2014. M&S posted a 5.8 per ...
Tags: food sales, womenswear, Apparel
The United States is set to become an even more dominant market for the diamond industry in 2015. In a reversal of trends that have characterized the industry in the past few years, there has been a shift back from east to west as industry ...
Tags: Diamond Market, diamond industry
Constellation Brands, a beverage alcohol company, reported its third quarter 2015 results. "We achieved outstanding results for the third quarter driven by the exceptional on-going momentum for our beer business. This industry leading ...
Samsung reckons its profits have slipped by a staggering 37.4 per cent year-on-year in the run up to Christmas 2014. The South Korean tech giant outed its pre-earnings guidance, revealing a predicted operating profit of 5.2 trillion ...
Tags: Samsung, CES, Consumer Electronics
Halfords boss Matt Davies will take up role in June, while Tesco plans for 43 store closures and consolidation of head office locations. Retail giant Tesco has seen an improved performance over Christmas, with UK like-for-like sales ...
Tags: Christmas, store management, Toys
RPM International Inc. reported a 10 percent increase in net income and an 8 percent increase in earnings per diluted share on flat sales for its fiscal 2015 second quarter ended November 30, 2014. Second-Quarter Results Net sales of ...
Apparel marketer and NYSE listed Ennis, Inc reported a 7.6 per cent year on year hike in sales for the three months ended November 30, 2014. Third quarter of 2014 sales totaled $147.0 million, up 7.6 per cent from a year earlier quarter. ...
Tags: pricing pressures, apparel division, Apparel