Tesla Motors is currently in talks with the Chinese government over the domestic production of its car in the country, Tesla CEO Elon Musk said. According to Musk, the domestic production of the vehicles has the potential to reduce the ...
Tags: Domestic Production, Tesla
Global shipments of LCD TV panels in the third quarter are expected to remain on par to the previous quarter's, thanks to TV vendors' increased parts procurements; but are forecast to drop by 10 percent quarter-on-quarter (QoQ) in the ...
Tags: LCD TV panels, LCD TV
China's top 100 retailers saw combined sales jump 26.2 percent year on year to 3.37 trillion yuan (544 billion U.S. dollars) in 2014, an industry association official said Thursday. Wang Yao, vice president of China General Chamber of ...
Tags: e-commerce, Online sales, online-sales growth, physical stores
Facing flat growth, Indonesian textile industry may see moreLAID- unless the government takes some swift action to help the industry, a leading Indonesian daily has mentioned. Several textile manufacturers in Bandung regency have ...
Tags: textile industry, Textile
U.S. specialty jewelry store sales fell 5.4 percent year on year to $2.72 billion in February, according to government calculations. The sales decline was much more severe than preliminary totals for jewelry and watch sales across all ...
Tags: specialty jewelry, watch sales
Volkswagen's Spanish division SEAT is expected to stop selling its cars in Russia due to weak sales following economic downturn and its impact on local currency. Apart from other industries, cars have been hit badly due to the economic ...
Tags: economic downturn, oil prices, Auto
In an update on its third fiscal quarter ending November 1, 2014 performance, Mike Jeffries led apparel retailer, Abercrombie & Fitch said its sales slipped 12%, from a year earlier quarter. Net sales for the third quarter of 2014 went ...
Tags: Mike Jeffries led apparel retailer, Net sales, Apparel
Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said. "Personally, I think growth this year can reach 7 percent," Dong Yang, ...
Tags: auto market, Automobile
Big 5 Sporting Goods Corporation, a leading sporting goods retailer, reported financial results for the fiscal 2014 first quarter ended March 30, 2014. For the fiscal 2014 first quarter, net sales were $231.3 million, compared to net ...
Tags: Sporting Goods, Big 5
Luxottica Group reported net sales fell 1.2 percent to €1.8 billion in the first quarter ended March 31, but were up 4.2 percent in currency-neutral (c-n) terms as unfavorable exchanger ates, North America's harsh weather and weak ...
Tags: Sporting Goods, Recreation
Big 5 Sporting Goods reported that for the fiscal 2014 first quarter, net sales were $231.3 million, compared to net sales of $246.3 million for the first quarter of fiscal 2013. Same store sales declined 7.9 percent for the first quarter ...
Tags: Recreation, Sporting Goods
In the backdrop of a weak economic scenario in Europe, German menswear fashion company Ahelrs AG has posted lower-than-expected preliminary unaudited sales and profit numbers for full year 2012-13. The company, which is one of the ...
Tags: menswear, domestic consumption
Amidst a subdued domestic economic scenario, Chinese apparel company Eratat Lifestyle Limited witnessed a dip in sales revenue and profitability in the third quarter of 2013. The company, which is engaged in the design and distribution ...
Tags: fashion footwear, fashion apparel
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first nine months of 2013. In the first nine months, New World Resources registered a net loss of €527.9 million, compared to a net ...
Australian businesses are failing to pay their bills on time more often than not, with 60 per cent of invoices settled beyond the standard 30-day payment period. Dun & Bradstreet ' s latest Trade Payments Analysis shows that this high ...