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Lanxess expects record earnings in 2017

The specialty chemicals manufacturer says it expects its highest earnings in the company’s history for the current financial year as global sales of increased by almost 30% to €2.5 billion, up from €1.9 billion a year earlier.

 

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Brazilian wet-blue exports on the rise

Brazilian exports of crust and finished leather were lower in June 2017 compared with the same month in the prior year, however, shipments of wet-blue have shown a significant increase. 

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Revenue down at Wolverine

Footwear brand owner, Wolverine World Wide beat guidance for the second quarter ended June 18 reporting revenue declined 7.4% to $583.7 million. The maker of Merrell, Sperry, Saucony and Chaco footwear said underlying revenue declined 5.2% versus the prior year.

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Record financials for Lear

Lear Corporation, a leading global supplier of automotive seating and electrical systems, has reported record financial results for the second quarter of 2016.

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Coach sales decline 15%

Coach Inc. a leading New York design house of modern luxury accessories and lifestyle collections, announced April 28 sales of $929 million for its third fiscal quarter ended March 28, 2015, compared with $1.10 billion reported in the same period of the prior year, a decrease of 15%. Reported sales would have been 3% higher excluding the impact of currency. 

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