Textile - Business News


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PAKISTAN: Nishat Mills reports increase in sales but drop in profit
[Dec 03, 2007] The Nishat Mills Limited (NML) reported sales worth Rs 17 billion in 2007 following an excellent growth after a nosedive during 2005. This increasing sales trend is attributed to expansion on its value-added products

CANADA: Lululemon Athletica Inc. reports increase in Q3 net profit
[Nov 30, 2007] Lululemon Athletica Inc. today announced financial results for the three months ended October 31, 2007. Net revenue increased 84% to $66.2 million from $36.0 million for the third quarter of fiscal 2006. Net revenue from corporate-

USA: Dress Barn Q1 net income falls 28.4%, Backs FY08
[Nov 28, 2007] Dress Barn Inc., an operator of women's apparel stores, has reported a 28.4% fall in net earnings to $19.6 million for Q1 from the $27.4 million, or 40 cents a share it reported in the year-ago period.

USA: Charming Shoppes reports net loss in Q3
[Nov 22, 2007] Charming Shoppes Inc., a leading apparel retailer, has reported a net loss of 3.6 million U.S. dollars for the quarter ended Nov. 3, 2007. The company had reported a net income of 19.4 million dollars for the same period last year.

USA: Talon International reports decline in Q3 sales
[Nov 21, 2007] Talon International, Inc., a global supplier of apparel fasteners, trim and interlining products to manufacturers of fashion apparel, specialty retailers, mass merchandisers, brand licensees and major retailers, reported financial results for Q3, 2007.

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