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Nike reports an increase in Q4 sales and earnings

Nike reports an increase in Q4 sales and earnings

by Manali bhanushali | Jun 25, 2021 | Apparel, Fashion & Retail, News & Insights

Nike, Inc. announced fourth-quarter revenues of $12.33 billion, a 96 percent increase over the previous year. Revenues for the fiscal year totaled 44.5 billion dollars, a 19% increase from the previous year. Gross margin grew 850 basis points to 45.8 percent for the...
Trade unions plan protest against new labour codes.

Trade unions plan protest against new labour codes.

by Manali bhanushali | Mar 31, 2021 | News & Insights

They term it “anti-labour” and “pro-corporate” step. The Centre of Indian Trade Unions (CITU) and its affiliated unions, including the Singareni Collieries Employees Union (SCEU), are gearing up to hold a series of protests in the industrial belt of the district on...
LANXESS achieves full-year target for 2019 despite challenging environment

LANXESS achieves full-year target for 2019 despite challenging environment

by TEXTILE VALUE CHAIN | Mar 16, 2020 | Industry And Cluster, News & Insights

• Sales on a par with the prior-year level at EUR 6.802 billion • EBITDA pre exceptionals increases 3.3 percent to EUR 1.019 billion • EBITDA margin pre exceptionals at 15 percent for the first time • Leather business unit reported as a discontinued operation;...

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