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Mild weather hits UK clothing sales in January 

2016-01-29 11:42:00| Daily apparel & textile news and comment - from just-style.com

Mild weather weighed on sales at UK clothing retailers in January, ending nine consecutive months of growth for the category.

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Baumer Ltd. Hires New Vision Products Western Region Sales Manager

2016-01-29 11:31:08| Industrial Newsroom - All News for Today

Mr. Greg Matherly has joined Baumer Ltd. as Western Region Sales Manager for industrial cameras and vision sensors. He comes to Baumer with over twenty-five years technology sales, sales management, and business development experience including tenure with a national distributor, several technology start-ups, and a...

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Frendewey Named Sr VP Sales and Marketing for Kalenborn Abresist

2016-01-29 11:31:08| Industrial Newsroom - All News for Today

Kalenborn Abresist Corporation has named Craig Frendewey as Sr. VP Sales and Marketing. He is a graduate of Northern Michigan University and has over 30 years of experience in industrial distribution and specialty contracting within the power generation, mining, pulp and paper and oil and gas markets. Frendewey...

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Sky H1 sales up 5%, James Murdoch returns as chairman

2016-01-29 09:14:00| Telecompaper Headlines

(Telecompaper) Sky reported revenues of GBP 5.72 billion in its fiscal first half to the end of December, up 5 percent compared to a year earlier, thanks above all to a surge of customers in the UK and Ireland. Operating profit rose by 12 percent to GBP 747 million, its best-ever first-half result, with EBITDA climbing 8 percent to GBP 1.05 billion. Sky had 21.48 million retail customers at the end of December, up by 337,000 in a quarter and by 887,000 in a year. Paid-for products grew to 55.87 million, up from 51.95 million a year earlier, with the group adding 1.1 million in the three months to December. Sky also announced that Nicholas Ferguson is to step down as the company's chairman and as a director after 12 years on the board, with Rupert Murdoch's son, James Murdoch, to return for a second stint as chairman. Murdoch was CEO and then chairman from 2003 to 2012 but resigned from the then BSkyB following a phone-hacking scandal.

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Amazon.com sales jump 22% to USD 36 bln in Q4

2016-01-29 08:02:00| Telecompaper Headlines

(Telecompaper) Amazon.com saw its net sales for its fourth quarter to 31 December increase 22 percent year-on-year to USD 35.7 billion. Net income more than doubled to USD 482 million in the fourth quarter, or USD 1.00 per diluted share, compared with net income of USD 214 million, or USD 0.45 per diluted share, in fourth quarter 2014. The company expects net sales in Q1 2016 to be between USD 26.5 billion and USD 29.0 billion, or to grow between 17 percent and 28 percent compared with first quarter 2015.

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