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Constantia Completes $1.3bn Sale of Labels Division to Multi-Color
Nov 2, 2017Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
Tags: Constantia Flexibles, labels
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Invest in Infrastructure for Sustainable Growth
Jun 8, 2016China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
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Net Income at The Children's Place, Inc Was up in Q4 From Same Period of Previous Year
Mar 19, 2015Net income for the thirteen weeks ended January 31, 2015 at The Children's Place, Inc, a pure-play children's specialty apparel retailer in North America was up from same period of previous year. Net income for the reporting quarter stood ...
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Gross Profit at Apparel Retailer American Eagle Outfitters Surged 13% in Q4
Mar 11, 2015Gross profit at apparel retailer American Eagle Outfitters surged 13 per cent year over year in the fourth fiscal quarter ended January 31, 2015 driven primarily by reduced markdowns. In the fourth quarter of fiscal 2015, gross profit ...
Tags: American Eagle, apparel retailer
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The Reason Why Medtronic's Move Has Been So Unfortunate
Jan 30, 2015Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
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Ae Posts 200 Basis Points From a Year Earlier Quarter Hike in Gross Profit Margins Q3FY14
Dec 16, 2014Driven 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
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Non-Recurring Charges Drove Net Loss Higher From a Year Ago
Dec 8, 2014$2.8 million of non-recurring charges drove net loss higher from a year ago quarter at speciality apparel retailer, New York & Company, in the third quarter ended November 1, 2014. New York & Company said GAAP net loss for the third ...
Tags: GAAP, Non-Recurring Charges, Apparel
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Metcash Announced a Drop in Its Underlying Profit After Tax of 9 Per Cent
Dec 2, 2014Australian wholesaler and distributor of groceries and hardware products Metcash Limited (Metcash) has announced a drop in its Underlying Profit after Tax of 9 per cent, to $101.7 million, which it said was due to “ongoing operating ...
Tags: hardware products, groceries, Agriculture
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Sales Grew by Just 1.5 Per Cent in The Thirteen Weeks
Dec 1, 2014Sales grew by just 1.5 per cent in the thirteen weeks to November 1, 2004 period from a year ago quarter, at NYSE listed and omni-channel retailer of women's clothing, Chico's FAS. For the third quarter of 2014, Chico’s reported net ...
Tags: omni-channel retailer, net sales, Apparel
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The Children's Place Said Its Net Income Slipped 15 Per Cent From a Year Ago Quarter
Nov 26, 2014Children's specialty apparel retailer, The Children's Place said its net income for the thirteen weeks ended November 1, 2014 slipped 15 per cent from a year ago quarter. For the third quarter of 2014, net income at Children’s Place ...
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Alok Industries Planning to Raise RS 2,000 Crore by Selling Land
Nov 24, 2014One of the biggest vertically integrated textile mill groups in India, Alok Industries said it is planning to raise Rs 2,000 crore by selling land and in the process pare debt. Alok is also hoping to double exports in the next three ...
Tags: Pare Debt, Alok Industries, Textile
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Urban Outfitters Rose 5 Per Cent From a Year Ago
Nov 21, 2014Driven by wholesale segment sales, revenue at NASDAQ listed, Urban Outfitters, a lifestyle apparel retailer, rose 5 per cent from a year ago quarter for the third quarter of fiscal 2015. Urban Outfitters said its net sales for the third ...
Tags: apparel retailer, net sales, Apparel
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Chico's FAS Q1'Fy14 Net Sales Were a Record $681.6 Million
May 29, 2014For the thirteen weeks ended May 3, 2014 (the first quarter), the Company reported net income of $39.9 million compared to adjusted net income of $51.7 million for the thirteen weeks ended May 4, 2013, and first quarter 2014 earnings per ...
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Beijing Bureaucrats Are All Exhausted Just by Chasing a Sputtering Economy
May 20, 2014Beijing bureaucrats are all exhausted just by chasing a sputtering economy and trying to keep it moving. Some fine-tuning here, a bit of state spending there – all with the aim of meeting a GDP growth target. But if they want to stop ...
Tags: Economy Reform, China Economy
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Cost Control and The Changing Face of Competition From Natural Gas Emerged as Major Themes
Feb 11, 2014Cost control and the changing face of competition from natural gas emerged as major themes facing the coal industry as the CoalTrans USA conference wrapped up Friday in Miami. While long-term forecasts for US coal production split between ...
Tags: Cost Control, Natural Gas