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China bounces back amid US apparel import growth

2016-01-06 17:28:00| Daily apparel & textile news and comment - from just-style.com

Apparel imports into the US bounced back in November as retailers stocked up on merchandise ahead of the holiday season, with all but one of the leading supplier countries booking the growth. While China rebounded from its decline in October, five of the top ten suppliers, including Vietnam and Bangladesh, managed to book double-digit gains.

Tags: back china growth apparel

 

Monsanto posts 1Q loss amid currency pressures, falling sales of biotech-enhanced corn seeds

2016-01-06 15:41:20| Chemicals - Topix.net

Monsanto on Wednesday said it swung to a $253-million loss in the first fiscal quarter, amid foreign currency pressures and falling sales of its biotech-enhanced corn seeds. On a per-share basis, the St. Louis-based company said it had a loss of 56 cents.

Tags: sales posts loss currency

 
 

Kim takes helm amid K-Swiss leadership restructure

2016-01-06 15:29:00| Daily apparel & textile news and comment - from just-style.com

US footwear maker K-Swiss Global Brands (KSGB), a division of South Korea's E-Land Group, has promoted chairman Truman Kim to the additional role of CEO as part of a leadership restructure. 

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Fiat Chrysler Canada sales rose amid expectations of record year for industry

2016-01-05 20:57:27| Auto Dealers - Topix.net

Ram pickup trucks are on display on the lot at Landmark Dodge Chrysler Jeep RAM in Morrow, Ga., on Jan. 5, 2015. Fiat Chrysler Canada, one of the biggest car manufacturers in the country, says it saw its annual sales rise 1.1 per cent in 2015 in what is expected to be a record year for Canadian auto sales.

Tags: year canada sales record

 

Brinka s CEO retiring amid board shakeup

2016-01-05 03:03:42| Auto Parts - Topix.net

Activist investment fund Starboard Value LP has shaken up the leadership of another publicly traded Virginia company. The Brink's Co., a major secure transportation and cash management services company based in Richmond, said Monday that it has reached an agreement with New York-based Starboard under which three new directors have been added to the Brink's board and two current directors have retired.

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