ACQUISITION ALERT: GOKALDAS EXPORTS INKS DEAL WITH MATRIX DESIGN
In a recent takeover Gokaldas Exports Takes Over Matrix Designs...
Tag : finance
Dilliard’s See 37 % Increase in Sales in Fourth Quarter
Dillard’s saw sales within its retail operation increase 37 percent during its fourth quarter to $2.08 billion on net income of $321.2 million. The sales...
Donear Industries Ltd reports 851.43% profit in Q3 FY 22
Donear industries Limited, announced its audited financial results for the year ended The Company reported an 851% increase in YTD profits. With an unprecedented previous financial...
Sanathan Textiles files papers with SEBI to raise Rs 1300 cr via IPO
The Mumbai-based Yarn manufacturer Sanathan Textiles has filed draft red herring prospectus (DRHP) papers with Securities Exchanges Board of India (DRHP) to launch initial public...
Adidas reports profit in Q1
The company’s gross margin increased 2.1 pp to 51.8 percent. The company’s operating profit grew to a level of 704 million euros and with an...
JC PENNEY transfers USD 2.8Bn to Pension Beneficiaries
JC Penney has completed a transfer of pension risk to annuities provider Athene Holdings that ensures the bankrupt retailer’s retired employees will continue to receive...
Uniqlo outpaces Zara as most valuable clothier with $103bn
The value of Fast Retailing, the Japanese parent of casual clothing chain Uniqlo, reached USD ($103 billion) putting it at the top of the global...
SGCCI Opposes decision to merge GST
The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has opposed the central government’s decision to merge the goods and service tax (GST) from the...
Luxury Brand LVMH Reports Resilient Fourth Quarter Results
LVMH ’s fashion and leather goods business, home to Vuitton handbags and other brands such as Christian Dior, performed better than analysts expected in the...
Holiday Sales Likely to See 1% to 5% increase: Deloitte
It is expected that holiday sales are likely to increase between 1 and 5%, and Deloitte’s overall sales forecast between 1,147 and 1,152 billion dollars...