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US: Rue21 posts 16.4% increase in Q4 profit

2013-03-22 12:08:00| Daily apparel & textile news and comment - from just-style.com

US teen apparel retailer Rue21 has booked a 16.4% increase in fourth-quarter net profit, thanks to sales growth and improved margins.

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Li & Fung posts near stagnant sales in 2012

2013-03-22 10:37:28| Logistics - Topix.net

Decline mainly due to costs of restructuring LF USA's business and reduction in the number of brands distributed in the US Hong Kong-based Li & Fung Limited the multinational consumer goods sourcing, logistics, and distribution group, announced that turnover achieved in the year ended 31 December 2012 was US$20,222 million, 1% higher than the year ... (more)

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Diageo to shed 80 Scottish posts

2013-03-21 19:03:57| BBC News | Business | UK Edition

Drinks giant Diageo announces plans to shed about 80 jobs across a number of sites in Scotland, following a review of operations.

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UK: Ted Baker posts 19.2% jump in FY pre-tax profit

2013-03-21 11:52:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer Ted Baker has today (21 March) reported strong full-year profit, boosted by overseas expansion and sales growth across its international markets.

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Japan posts deficit for eighth month

2013-03-21 03:47:13| BBC News | Business | UK Edition

Japan posts a trade deficit for the eighth straight month, underlining the challenge the new government faces in spurring on the country's economy.

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