lululemon athletica inc. Announces Third Quarter Fiscal 2019 Result

Revenue up 23% to CAD 916 million Comparable sales increase 16%, or 17% on a constant dollar basis Diluted EPS of CAD 0.96 for the third quarter lululemon athletica inc. (NASDAQ:LULU) on December 11, 2019, announced financial results for the third quarter of fiscal 2019. The summary below provides both GAAP and adjusted non-GAAP financial … More lululemon athletica inc. Announces Third Quarter Fiscal 2019 Result

Swiss Economy expected to brighten only in 2021

Economic forecast by the Federal Government’s Expert Group – winter 2019/2020 – The Expert Group is maintaining its previous assessment that the Swiss economy will only see modest growth in 2020. A gradual economic upturn is not anticipated until 2021. Following a forecast of 0.9 % in 2019, the Expert Group is expecting GDP growth … More Swiss Economy expected to brighten only in 2021

Swiss Producer and Import Price Index fell by 0.4 % in November 2019

The Producer and Import Price Index fell in November 2019 by 0.4 % compared with the previous month, reaching 100.5 points (December 2015 = 100). This decline was due in particular to lower prices for chemical and pharmaceutical products. Compared with November 2018, the price level of the whole range of domestic and imported products … More Swiss Producer and Import Price Index fell by 0.4 % in November 2019

EU Commission reinforces tools to ensure Europe’s interests in international trade

EU Commission reinforces tools to ensure Europe’s interests in international trade. On December 12, 2019, the European Commission unveiled a proposal that will allow the European Union to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization (WTO). … More EU Commission reinforces tools to ensure Europe’s interests in international trade

GDP growth slows in most G20 economies in third quarter of 2019

Growth of real gross domestic product (GDP) in the G20 area as a whole was stable at 0.7 % in the third quarter of 2019, according to provisional estimates, but it slowed in the majority of G20 economies. GDP contracted in South Africa (by 0.1 %, following growth of 0.8 % in the previous quarter). … More GDP growth slows in most G20 economies in third quarter of 2019