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H&M December sales growth beats forecasts 

2016-01-15 12:04:00| Daily apparel & textile news and comment - from just-style.com

Swedish fashion giant H&M has posted a double-digit increase in sales for December, exceeding analyst forecasts and marking the 33rd consecutive month of growth. 

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Intel forecasts modest revenue growth in 2016, lower margin

2016-01-15 08:36:00| Telecompaper Headlines

(Telecompaper) Intel reported fourth-quarter revenues up 1 percent year-on-year to USD 14.9 billion, better than the company's outlook. Operating profit fell 3 percent to USD 4.3 billion, and net profit dropped 1 percent to USD 3.6 billion or 74 cents a share. Intel CEO said Brian Krzanich the results were in line with expectations and represented a strong finish to the year. Over the full year, Intel saw a 1 percent fall in sales to USD 55.4 billion, and net profit declined 2 percent to USD 11.4 billion. For the full year 2016, Intel forecast revenue growth in the mid to high single digits. The gross margin is expected to fall to around 61 percent from 62.6 in 2015, due to the acquisition of Altera and factory start-up costs. R&D and capital spending will increase compared to 2015.

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Sika AG: Accelerated Fourth-Quarter Sales Growth of 8.3%

2016-01-15 06:00:00| Coatings World Breaking News

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Japan automakers hitch pickups to U.S. growth as gas prices slide

2016-01-14 13:24:19| Auto Dealers - Topix.net

The new Honda Ridgeline offers features such as audio speakers in the load bed and beer-cooler-sized well under the bed floor, features many rival trucks don't have. Photo credit: REUTERS DETROIT -- Japanese automakers are taking on the Detroit 3 and scrambling to expand their share of pickup truck sales in the United States, as record low gasoline prices curb demand for their once best-selling small and medium-sized sedans.

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Moss Bros confident after H2 sales growth 

2016-01-14 12:39:00| Daily apparel & textile news and comment - from just-style.com

Men's wear retailer Moss Bros has said it remains confident in its outlook for the full year after booking a commendable performance for the 23 weeks to 9 January. 

Tags: sales growth confident bros

 

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