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Why Skechers Won't Be Affected By Basketball Shoe Margin Pressure

2015-01-17 02:11:27| Footwear - Topix.net

With its backlog growing double digits, wholesale revenue surging, revenue and free cash flow still growing double digits, SKX looks like a good opportunity. Goldman Sachs recently joined the camp of analysts and retailers that expect continued price pressure in the basketball shoe category.

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Grant facility to close; 90+ employees affected

2015-01-15 06:10:51| Industrial Machines - Topix.net

Kennametal, Incorporated, which produces industrial materials, said Wednesday it will be closing its facility in the Marshall County town of Grant by September. Officials with Kennametal said in a written statement that approximately 93 jobs would be affected by the plant's closure, adding that the company will relocate operations to other facilities within North America "to adapt our manufacturing and supply chain footprint with customers' needs and ensure the right capacity, products and services to grow profitably."

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ICYMI: Coca-Cola's Atlanta Workforce Affected by Layoffs

2015-01-13 12:04:10| Beverages - Topix.net

Atlanta-based Coca-Cola has informed employees that a wave of layoffs which will eliminate thousands of jobs, including hundreds of jobs in Atlanta, will begin in the next few months, the Atlana Business Chronicle says. According to the Chronicle, the message was sent out to employees last Thursday that anywhere between 1,600 and 1,800 job cuts are in the offing as part of a four-year plan to slash costs.

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Asos says technical glitch not affected sales

2015-01-02 12:19:00| Daily apparel & textile news and comment - from just-style.com

UK online fashion retailer Asos says a technical glitch affecting customers using its ordering system last weekend has not had a major impact on sales.

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Farm production Himalayan states affected due climate

2014-12-11 09:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: Farm production in Himalayan states have drastically come down due to climate change, policy makers from the region today said as they sought immediate attention of government to address issues related to global warming in the ecologically-sensitive region. "If apple orchards have moved upwards in height and there is an increase of 4-5 degrees temperature, the reason must be seen in population increase and climate change," BJP leader and Lok Sabha MP Anurag Thakur said. Chairman of Ladakh Autonomous...

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