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...
Tag : finance
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...
FM Announces Big Steps for MSME’s
Synopsis.. After the hon. PM announced Government plan to atam nirbhar that is self reliant the country was looking for a clarity. As per the...
Impact on MSME minimal says MSME Minister
In a recently concluded webinar on impact on MSME it was revealed that the MSME sector will tide over the huge blow caused by the...
VIP Industries hoping for a 9 to 10 percent growth
On the back of an economic slowdown in the country, VIP Industries Ltd is hoping for a 9 to 10 percent growth in its revenue...