The Office Times

Wulff reports challenging market

Wulff reports challenging market

Scandinavian reseller Wulff reports that the market situation remained difficult in the first half of 2014 with net sales of 37.3 million euros compared to 43.5 million euros during the same period in 2013.

Warehouse stationery adds fashionery items

Warehouse stationery adds fashionery items

New Zealand's Warehouse Stationery has added a fashionery (fashion stationery) area in its new 64th store in Auckland

Office Depot loss widens

Office Depot loss widens

Office Depot raised its outlook for the full year despite posting a loss of $190 million in the second quarter. Sales rose to $3.8 billion from $2.4 billion, including sales from OfficeMax, which Office Depot acquired in 2013.

ADVEO reports 8.7% drop in turnover

ADVEO reports 8.7% drop in turnover

ADVEO net profit after minority interests and discontinued operations increased by 0.8 percent during the first half of the year to reach 6.75 million euros but turnover was below expectations as a result of lower demand.

Newell Rubbermaid writing sales up 5.2%

Newell Rubbermaid writing sales up 5.2%

Newell Rubbermaid has reported strong Q2 results with CEO Michael Polk reporting that "outstanding top line performance in Writing, Tools and Commercial Products drove core sales growth of 4.6 percent.”

China Stationery reveals loss after fire

China Stationery reveals loss after fire

China Stationery has reported an estimated loss of 332.73 million yuan (€40 million) following a fire earlier in April.

BIC reports solid stationery sales

BIC reports solid stationery sales

BIC reports that first half 2014 Stationery net sales decreased 0.3% (excluding the impact of Cello Pens) and were up 6.5% on a comparative basis

Better Capital transfers Spicers to OfficeTeam fund

Better Capital transfers Spicers to OfficeTeam fund

Investment company Better Capital says that Spicers and OfficeTeam have entered a transaction under which control of Spicers will be taken over by the fund that owns OfficeTeam.

Sequana's loss widens

Sequana's loss widens

Sequana, the parent company of paper merchant Antalis, reported a net loss of € 80 million for the first half of 2014, compared to a loss of 36 million a year earlier, but turnover was up 2.7% to € 1,720 million.

Arnos Australia appoints new CEO

Arnos Australia appoints new CEO

Thomas Froehlich has been appointed company director and CEO of filing and organising products manufacturer Arnos Australia Pty Ltd



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