Month: August 2024

US’ VF Corporation reported a 9 per cent YoY revenue decline to $1.9 billion in Q1 FY25. The North Face saw a 3 per cent revenue drop, with a 6 per cent rise in global DTC sales, while Vans’ revenue fell 21 per cent. The...

Puma’s H1 FY24 sales rose 1.3 per cent to €4.219 billion (~$4.6 billion). The Americas led growth at 5.1 per cent, while EMEA sales fell 2.2 per cent. DTC sales grew 16.7 per cent, offsetting a 3.1 per cent wholesale...

The Ministry of Coal and Ministry of Power & Natural Gas have facilitated a joint venture between Coal India Limited (CIL) and GAIL (India) Limited to establish a Coal to Synthetic Natural Gas (SNG) plant in West Bengal. The...

Following political turmoil in Bangladesh, Indian garment exporters may receive additional orders, but face challenges in replacing it as a key supplier. Indian factories could benefit from diverted orders in the short term, but...

The Conference Board employment trends index for the US fell for the second month in a row in July to 109.61, from an upwardly revised 110.58 in June. June’s decrease was driven by negative contributions from six of its eight...