Tag Archives: China

HUGO BOSS makes substantial progress in implementing strategic realignment

HUGO BOSS confirms full-year sales and earnings forecast – substantial progress made in implementing strategic realignment

HUGO BOSS made good progress in the second quarter of 2017. Comp store sales in
its own retail business picked up significantly in all three regions, with online business
likewise growing in the second quarter. Sales in the wholesale business fell short of
the prior year due to delivery shifts as compared to the prior year. The core markets
of Great Britain and China again performed well, while U.S. business expanded for
the first time in two years. Despite increased marketing expenses and spending on
the digital transformation of the business model, operating profit remained at the
prior year’s level. On this basis, HUGO BOSS is confirming its target of stable full-year
sales and earnings in 2017. Continue reading HUGO BOSS makes substantial progress in implementing strategic realignment

“Indian Exporters Must Seriously Explore Japan”

Editor-NCMFirst the official factsheet on Indian Textiles (Source: Textiles India 2017 to be held in June in Gandhinagar). Fibre: 2nd largest fibre producer in the world (9 mn tonnes of fibre production in 2015-16); 2nd largest producing in silk and MMF; One of the major producers of wool. Yarn: 2nd largest installed spindle and rotor capacity in the world with more than 52 mn spindles and approx. 8,70,000 routers; Spun yarn production approx. 5700 mn kg in 2015-16; Filament year production approx. 1200 mn kg in 2015-16. Fabric: Biggest installed weaving capacity in the world with more than 4.9 mn looms including 2.4 mn handlooms; Fabric production approx. 66 bn sq. meters in 2015-16; Diverse fabric mix with focus on cotton based products. Apparel: Garment production for exports estimated at 3400 mn pieces annually and for domestic market at 5600 mn pieces annually; 12.9 mn workers employed out of which 70% are women. Continue reading “Indian Exporters Must Seriously Explore Japan”