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Adidas Fourth-Quarter Loss Narrows, Offers Bullish Outlook
Mar 13, 2016Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
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2016 Mazda CX-9 Achieves Improved Fuel Economy Rating
Mar 7, 2016Mazda North American Operations released EPA-estimated fuel economy figures for its all-new 2016 Mazda CX-9. Certified at an EPA-estimated 22 mpg city/28 mpg highway/25 mpg combined, when equipped with front-wheel drive, the 2016 CX-9 ...
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China Eyes Investment in Stabilizing Growth
Nov 4, 2015China's top economic planner on Wednesday stressed the importance of boosting investment in the fourth quarter of 2015. Increasing investment and stabilizing growth are priorities for the fourth quarter, according to a statement by the ...
Tags: NDRC, top economic planner
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Yuan Move Is Likely to Deliver Positive Results in Long Term
Aug 18, 2015Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
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Oil Prices Rise Amid More China Imports
Aug 11, 2015Oil prices gained Monday as data showed China imported more crude in July. China imported 30.71 million tons of crude in July, up 29 percent on year to a record high, according to the data released Sunday by General Administration of ...
Tags: crude oil, Oil prices
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China Confident of Stabilizing Capital Market
Jul 6, 2015China is capable and confident it can maintain the capital market stable and sound, said a commentary of People's Daily, the flagship newspaper of the Communist Party of China (CPC). Since mid-June, the benchmark Shanghai Composite Index ...
Tags: Capital Market, stock market
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The Presidents' Meeting Highlighted Five Challenges Facing The Diamond Industry
Jun 25, 2015The Presidents’ Meeting that took place in Tel Aviv this week highlighted five challenges facing the diamond industry, but the issue of profitability was the most pressing. Constituents of the World Federation of Diamond Bourses ...
Tags: diamond industry, mining
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UGGs
Feb 2, 2015Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and ...
Tags: casual boots, weather boots, Sporting Goods
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An Already Grim Situation Baout Coal Industry Made Worse by Weak Demand
Jan 27, 2015Coal provides nearly two thirds of China's energy, but for mining companies, this winter could not be more chilly. The government has done its best to save the day, but it is not enough to force up the price of coal, even in the short ...
Tags: Coal Industry, Coal
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Constellation Brands Reported Its Third Quarter 2015 Results
Jan 12, 2015Constellation 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 ...
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Holiday Sales Have Been Trending Downward for About a Decade
Dec 24, 2014Holiday sales as compared to overall annual retail sales have been trending downward for about a decade. Holiday sales in 2013, at $663.5 billion, were 18.7 percent of overall retail sales, well below the peak of 19.6 percent seen in 2004. ...
Tags: Gifts, Shoppers, Sporting Goods
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Hanesbrands Delivers Three Consecutive Quarters of Double-Digit Growth in Net Sales
Nov 18, 2014NYSE-listed and global marketer of everyday basic apparel HanesBrands said it has delivered three consecutive quarters of double-digit growth in net sales, adjusted operating profit and adjusted EPS. The innerwear and garment marketer ...
Tags: Double-Digit Growth, Net sales, Apparel
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Revenue in Q314, Surged 29 Percent From a Year Ago Quarter at Columbia Sportswear Company
Nov 18, 2014Revenue in the third quarter of 2014, surged 29 percent from a year ago quarter at apparel marketer Columbia Sportswear Company, from many reasons, among which are incremental sales from its new China JV and newly-acquired prAna brand. ...
Tags: Columbia Sportswear, Apparel
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Japan's CR Sheet and Strip Shipments Increased by 27.3 Percent Month on Month in September
Nov 17, 2014In the January-September period of this year, Japan's cold rolled sheet and strip shipments decreased by 2.9 percent on year-on-year basis to 4.78 million metric tons, according to the Japan Iron and Steel Federation (JISF) data. 53 percent ...
Tags: CR Sheet, cold rolled strip
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Adidas AG Reported Third-Quarter Profits Slid 11 Percent
Nov 7, 2014Adidas AG reported third-quarter profits slid 11 percent due to negative currency effects and a continuing slide at its golf division. Currency-neutral (c-n) sales increased 9 percent. In currency-neutral (c-n) terms, sales increased 9 ...
Tags: Adidas, Sporting Goods