1,023 articles in Markets · Clear
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Egypt's Alcotexa sells 2,757 Tons of cotton in the past week.
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 2,757 tonnes of cotton in the week that ended on October 15, an Alcotexa official told Reuters on Sunday.
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UK: Burberry’s first-half sales surge up 30%
Luxury company Burberry Group has posted a 30% underlying sales rise in the first half of the fiscal year, boosted by undiminished demand in flagship and emerging markets.
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Levi’s Q3 profit up despite margin squeeze.
Levi Strauss & Co has posted a double-digit rise in third quarter net profit, thanks to continued revenue growth for its core Levi’s brand.
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USA: Gap to close nearly 200 stores by 2013.
Gap Inc. announced at its annual investor meeting this afternoon that it would be closing some of its North American Gap brand stores and shrinking the size of its Old Navy stores, but keeping the sam...
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Guess Q2 profit declines on settlement charges.
Guess Inc posted a decline in second-quarter net profit on the back of a settlement charge as the apparel retailer posted a double-digit increase in sales, driven by growth in Europe and Asia.
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Tommy Hilfiger to open European flagship in London.
Tommy Hilfiger is preparing to launch a European flagship store in London in November, in a move that provides an additional opportunity to position the brand in the UK market and offers a launchpad f...
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Israel's exports to Egypt down 18 per cent in 2011.
Imports are down $78 million following Mubarak's ousting, the resultant hike in political tensions and the closure of the Ouja border crossing in central Sinai
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Macy’s increases FY guidance after Q2 profit surge.
Macy’s Inc. celebrated its best second quarter in over 10 years, with net profit soaring by 64% and comparable store sales rising 6.4%.
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H & M’s July sales slow on same-store decline.
H&M Hennes & Mauritz AB saw July sales slow as the retailer posted the second consecutive month of comparable-store sales declines.
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Timberland cuts Q2 loss as sales soar
Takeover target Timberland saw its second quarter losses narrow after revenues registered strong growth across North America, Europe and Asia.
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Strong sales lift True Religion Q2 profit 25%.
Strong demand for its high-end jeans at its retail stores and online have helped True Religion Apparel Inc to a 25.3% jump in second quarter profit.
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Gap opens flagship store in Rome.
The Gap opened its first flagship store in Rome following the success of its stores in Milan.
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USA: Tommy Hilfiger taps Gap’s Ermatinger as Asia CEO.
Just three months after being tasked with leading the international expansion of Gap’s Old Navy chain, John Ermatinger is heading for the Tommy Hilfiger Group, where he will lead its operations in Asi...
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Pakistan:Textile exports surge by 35 % to $13.8 billion.
The country’s textile exports increased by 35.06 per cent to $13.805 billion during the recently concluded fiscal year 2010-2011.
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U.S: Global Cotton Consumption Down in 2010/11.
According to the International Cotton Advisory Committee, world cotton consumption will drop by three percent, to 24.5 million tons, in 2010/11 despite recovering global economic growth.
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UNITED STATES: US apparel retail sales shine in June.
While cold weather, storms and flooding dampened demand for spring and summer merchandise in May, US apparel retailers rebounded with a better than expected performance in June after a combination of...
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Bangladesh and Cambodia are set to be the USA's fastest growing clothing suppliers in 2011.
Bangladesh and Cambodia are set to be the fastest growing suppliers to the US clothing import market in 2011, according to a report, Trade and trade policy: the US clothing import market, published in...
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EGYPT: Gap to open its first Africa store in Egypt next month.
Clothing retailer Gap will open two stores in Cairo by October as part of an ongoing international push
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JAPAN: Japan`s apparel imports from ASEAN grow sharply
According to a Japan Textiles Importers Association report based on Ministry of Finance statistics, the nation’s apparel imports in April increased by 2.9% in value over the same month of last year to...
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China: China`s textile exports recover to US$20 billion in May
According to China’s General Administration of Customs, the nation’s exports of textiles and apparel in May 2011 increased by 23.8% over the same month of last year to US$20,340 million. Exports of te...