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Net Sales in Advanced Filtration Rises by 28.7% at Ahlstrom.

By   /  February 28, 2014  /  Technical Textiles / Nonwovens  /  No Comments

Helsinki, Finland – The operating environment in 2013 remained in line with the comparison year as the overall demand in Ahlstrom’s main markets continued to be soft with regional variations. Geographically, demand in Europe remained weak, particularly in the southern part of the continent. The North American market showed some positive signs especially towards year end, while growth was fastest in […]

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Chico’s FAS Reports Q4 Net Sales of $610.2 Million.

By   /  February 28, 2014  /  Apparel & Fashion  /  No Comments

Florida, United States – Chico’s FAS, Inc. announced its financial results for the fiscal 2013 fourth quarter and fiscal year ended February 1, 2014. For the thirteen weeks ended February 1, 2014 (the fourth quarter), the Company reported adjusted net income of $5.9 million compared to adjusted net income of $32.7 million for the fourteen weeks ended February 2, 2013, and fourth […]

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Adidas Unveils First Knitted Football Boot.

By   /  February 28, 2014  /  Weaving & Knitting  /  No Comments

Herzogenaurach, Germany – Every footballer dreams of a boot that combines the comfort and responsiveness of playing barefoot with the protection of a traditional design. Today adidas launch their latest step towards that dream with the launch of the adidas Samba primeknit. The limited edition boot is the first football boot to have an upper […]

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Q4 Revenue of $10.6 Million Earned by Sequential Brands.

By   /  February 28, 2014  /  Apparel & Fashion  /  No Comments

New York, United States – Sequential Brands Group, Inc., announced financial results for the fourth quarter and full year ended December 31, 2013. Q4 Revenue of $10.6 million vs. $1.8 million in the prior year quarter Q4 Adjusted EBITDA of $7.1 million vs. $(0.7) million in the prior year quarter Q4 non-GAAP Net Income of […]

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GERRY WEBER Confirms International Growth Strategy.

By   /  February 28, 2014  /  Apparel & Fashion  /  No Comments

Halle, Germany – GERRY WEBER International AG has confirmed the end of January 2014 published figures for the past financial year 2012/13 and its guidance for the financial year 2013/14. The Managing Board and the Supervisory Board will propose payment of an unchanged dividend of EUR 0.75 per share to the upcoming Annual General Meeting. […]

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Versace Chooses Blackstone to Accelerate Growth.

By   /  February 28, 2014  /  Apparel & Fashion  /  No Comments

Milan, Italy – GIVI Holding SPA and Gianni Versace SPA announced that they have signed an agreement with private equity funds managed by Blackstone pursuant to which Blackstone will inject €150 million of fresh capital into the Company and will acquire €60 million in stock from GIVI Holding SPA. Versace chose Blackstone to participate in […]

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Fiscal 2014 Earnings Rise by 6% to $27.4 Billion at TJX Companies.

By   /  February 28, 2014  /  Apparel & Fashion  /  No Comments

Massachusetts, United States – The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, announced sales and earnings results for the fiscal year and fourth quarter ended February 1, 2014. Net sales for the 52-week fiscal year were $27.4 billion, a 6% increase over the 53-week fiscal period last […]

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Target Reports Q4 Earnings of $520 Million.

By   /  February 28, 2014  /  Other Textile News  /  No Comments

Minnesota, United States – Target Corporation reported fourth quarter net earnings of $520 million, or $0.81 per share, and full-year net earnings of $1,971 million, or $3.07 per share. Dilution related to the Canadian Segment affected fourth quarter and full-year GAAP EPS by (40) cents and $(1.13), respectively. Adjusted earnings per share1 were $1.30 in fourth […]

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Coatema Presents Versatile Coatema Click&Coat Line at Open House Day.

By   /  February 28, 2014  /  Chemicals & Dyes  /  No Comments

Dormagen Germany – Live demonstrations of leading edge technology for advanced high-tech research projects were the focus of an Open House at the Coatema Coating Machinery GmbH in Dormagen, Germany on February 19. More than 100 international visitors from industry, research institutes and universities attended the daylong event at one of the world’s largest and […]

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L Brands Records Q4 Operating Income at $863.5 Million.

By   /  February 28, 2014  /  Apparel & Fashion  /  No Comments

Ohio, United States – L Brands, Inc., reported 2013 fourth quarter and full-year results. Fourth Quarter Results Earnings per share for the 13-week fourth quarter ended Feb. 1, 2014, were $1.65 compared to adjusted earnings per share of $1.76 for the 14-week fourth quarter ended Feb. 2, 2013.  Adjusted earnings per share for the prior year on a 13-week basis were […]

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