The Gymboree Corporation reported consolidated financial results for its quarter ended November 2, 2013. Net sales for the quarter were $309.8 million, a decrease of 0.5% compared to $311.5 million in net sales for the same quarter last ...
Lakeland Industries, Inc., a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and to first responders on the federal, state and local levels, announced financial results for its third ...
Welspun India Ltd (WIL), the leading home textiles maker, has been spinning robust margins and profits on back of rupee's depreciation against US dollar, coupled with advantage of cheaper Indian cotton over key competitors like China and ...
In the wake of Manitoulin's announced agreement to acquire Vitran at a cost of US$6 per share, TransForce will now have to decide whether to sell its shares for a tidy $4 million profit, stay put, or up its offer. Manitoulin's offer of $6 ...
Post Holdings is set to acquire Golden Boy Foods and Dymatize Enterprises in two separate transactions, to further expand into the private label and active nutrition segments. Golden Boy is a North American manufacturer of private label ...
Tags: Post Holdings, Golden Boy Foods, Dymatize Enterprises, nutrition, food
As per its financial results according to international financial reporting standards (IFRS) for the third quarter of the current year, Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest saw its net ...
Tags: iron, metallurgy, profit
Sysco Corporation and US Foods today announced an agreement to merge, creating a world-class foodservice company. The total enterprise value of the transaction is approximately $8.2 billion and the combination has been approved by the Board ...
Tags: US Foods, Sysco Corporation
Burlington Stores, Inc., a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, announced its results for the third quarter and year-to-date ended November 2, 2013. Third Quarter Fiscal 2013 ...
Tags: branded apparel, Burlington
Fifth & Pacific Companies, Inc. announced that it has entered into a definitive agreement to sell Lucky Brand Jeans to an affiliate of Leonard Green & Partners, L.P. (LGP) for total consideration of $225 million, with $140 million of the ...
Tags: Fifth&Pacific, Lucky Jeans
"During the quarter we took the significant step of agreeing to sell our Consumer Products business. We believe separating our two segments will set them up for individual, long-term success and is a good outcome for our stakeholders. ...
Tags: Agriculture, Food
India’s leading textile brand Raymond plans to return its sights to growth and higher profitability in the coming quarters by improving operational efficiencies and strengthen its branded textile business which constitutes nearly half ...
Following the call made by the European Commission (EC) for a meeting on December 4 convening the 14 largest steel producing EU member states, the CEOs of the major European steelmakers, representatives of the European Parliament, and the ...
Tags: Europe, Energy, Climate Policy
Releasing the second quarter numbers, the Vardhman Textiles’ management had predicted that margins may come under pressure ahead as cotton prices will increase while demand remains weak. The statement of the company that ...
Tags: Cotton Prices, Textiles
Russian steelmaker Severstal has announced that the distribution network of its Russian Steel Division in the January-September period this year increased its sales by five percent and more than doubled its EBITDA (earnings before interest, ...
Tags: steelmaker, metallurgy
According to report, Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) said last week that its third quarter revenue and EBITDA both fall from previous quarter. Its second-quarter sales dropped by 13% to 1.88 billion and group EBITDA ...
Tags: Construction, steel