SP Apparels (SPAL), a company engaged in the business of manufacturing and sale of knitted clothes for infants and children (through its garments division), caters solely to the exports markets. The company’s retail segment exclusively manufactures and sells ‘Crocodile’ branded menswear garments in India through Crocodile Products (CPPL). Barring a miniscule increase in operating profits, SPAL’s … Read More →
The Fancy Color Research Foundation has released its data on second quarter fancy colored diamond prices, noting a slight overall price increase after a “relatively soft” first quarter. Fancy blue diamonds increased in price by 1.1 percent compared with Q2 last year and fancy pink diamond prices by 0.7 percent. Overall, fancy colored prices only … Read More →
Sales surprisingly fell short for Signet Jewelers Ltd. in the second quarter, due principally to weakness in states where the economy is tied to the energy industry, its CEO said Thursday. Signet’s same-store sales fell 2 percent year-over-year in the quarter ended July 30. Total sales reached $1.37 billion, down 3 percent (1 percent at … Read More →
Movado Group Inc. recorded a double-digit decline in sales in the second quarter as consumer demand for watches remains soft and again lowered its outlook for the year. The Paramus, N.J.-based watch company reported Thursday that second quarter net sales totaled $128.1 million compared with $145.6 million in the second quarter of last year, a … Read More →