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Finish Line Q2 profit down despite sales growth

2014-09-26 17:51:00| Daily apparel & textile news and comment - from just-style.com

Softness within its basketball offering resulted in a slight drop in first-quarter net profit for US athletic apparel and footwear retailer The Finish Line.

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World Cup fever boosts Nike profit

2014-09-26 04:03:31| BBC News | Business | UK Edition

The US sportswear firm Nike sees a 23% jump in quarterly profit thanks in part to football fever from this year's World Cup.

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SWEDEN: Analyst "cautious" despite H&M Q3 profit surge

2014-09-25 15:57:00| Daily apparel & textile news and comment - from just-style.com

Fashion retail giant H&M Group recorded strong sales and profit growth in the third quarter, but its better-than-expected results drew a cautious reception from one analyst.

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Sweetener competition sees Tate & Lyle issue second profit warning

2014-09-24 23:16:12| Food - Topix.net

Shares in Tate & Lyle fell by 17% as the food ingredients firm issued its second profits warning this year, blaming fierce competition in the sweetener market and supply problems in the US caused by a harsh winter. Ahead of the publication of its half-year results in November, the British-based group said it has had to slash prices for its sucralose sweetener to counter fierce competition from the Chinese market.

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Utes drive Mitsubishi back to profit

2014-09-24 19:08:08| Automakers - Topix.net

A big rise in ute sales has helped Mitsubishi Motors Australia, which shut its local car making operations in 2008, return to profit. The company's latest set of financial statements lodged with the corporate regulator show a sharp turnaround over the past year, with the company making a net profit after tax of $56.2 million for the 12 months ended March 31, 2014.

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