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KappAhl sees supply chain key to future efficiency
2014-11-06 12:06:00| Daily apparel & textile news and comment - from just-style.com
Swedish fashion chain KappAhl has outlined a raft of new sustainability initiatives and revealed plans to improve the efficiency of its supply chain so that the right product reaches the right store at the right time.
Qualcomm sees growth slowing on China problems
2014-11-06 08:15:00| Telecompaper Headlines
(Telecompaper) Qualcomm has warned for flat to lower earnings in its new fiscal year, as revenue growth slows due its licensing problems in China. In addition to an investigation into its licensing by Chinese authorities, the company said a number of licensees were under-reporting units or not agreeing new contracts pending the state probe. Qualcomm also disclosed new competition investigations by the European Commission and US Federal Trade Commission. For the year to September 2015, Qualcomm forecast revenues flat to 9 percent higher, versus 7 percent growth last year, while EPS is estimated flat to 7 percent lower. The outlook does not include its planned takeover of CSR, which is expected to close next summer. The company did not provide an estimate for 3G/4G device shipments in 2015. For this year, it expects shipments of 1.3-1.5 billion, but only 1.04-1.13 billion will likely be reported to the company. In the latest quarter, the company recorded revenues up 7 percent year-on-year to USD 26.49 billion. Operating profit rose 4 percent to USD 7.55 billion, and EPS increased 19 percent to USD 4.65. MSM chip shipments totaled 236 million units, up 24 percent year-on-year and 5 percent sequentially.
Tags: china
problems
growth
sees
Athletic Footwear Sees Declines In Sales
2014-11-05 19:03:05| Footwear - Topix.net
According to the report, athletic footwear sales fell in week ended November 1 by 6.5 percent year-over-year. This compares to a 20.6 percent increase in the previous year.
Tags: sales
sees
athletic
footwear
Ohio-based FirstEnergy sees promise in shales
2014-11-05 10:43:25| Energy - Topix.net
Tony Alexander, president and CEO of Ohio-based FirstEnergy Corp., believes this year will stand out in the history of electricity markets. Lessons learned during the polar vortex, the economic rebound that's slowly materializing in parts of FirstEnergy's territory, and plans to restructure how electric capacity is secured will memorialize this time, he said.
Tags: promise
sees
shales
firstenergy
M&S sees clothing sales fall again
2014-11-05 09:32:26| BBC News | Business | UK Edition
Marks and Spencer reports its 13th consecutive quarterly drop in clothing sales, blaming "unseasonable conditions in September" for the poor performance.
Tags: sales
fall
clothing
sees
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