The economic crisis years of 2008 to 2012 dealt a heavy blow on the Spanish textile and apparel sector, whose sales dipped 21 percent during the period, according to an Europa Press report. The report says that about 46,300 jobs were ...
Tags: Spanish Textile, Textile
Dutch food company Vion is set to separate its Food and Ingredients businesses, as part of its efforts to achieve full operational, organisational and legal independence for the entities. The moves comes after the company's divestments of ...
Tags: food company, food
Yahoo is giving itself a bit of a makeover. Earlier this week it launched two new mobile apps for email and weather; now it's ditching numerous longstanding products, including Deals and SMS Alerts, in an attempt to sharpen its focus, the ...
Tags: Yahoo, longstanding products
SABIC announced Thursday a restructuring program in Europe that includes the closure of certain assets and a net reduction of approximately 1,050 jobs, one-third contracting staff and two-thirds SABIC employees, the company said in a ...
The Chinese textile industry is facing several pressures and it needs to crack these pressures through various efforts, Sun Huaibin, director of the China Textile Economy Research Centre, has said. Speaking at the 2013 China Cotton ...
Tags: Textile Industry, Textile
The jobs will go over the next two years in a plan that will see BCM, the contract manufacturing arm of Alliance Boots, pull out of what it called "unprofitable areas of third-party manufacturing" and focus on Boots' own skincare and beauty ...
Tags: Packing Business, Packing
Derby-based ethnic food manufacturer S&A Foods plans to make up to 70 of its 500 staff redundant as it restructures its chilled ready meals business. Perween Warsi's firm S&A Foods will be making 70 of its 500 staff redundant The ...
Tags: Agriculture, Food
As previously communicated, in the face of increasingly difficult domestic trading conditions for its soda ash business and increasing costs, Penrice Soda Holdings Limited has decided to close soda ash production at its Osborne, Adelaide ...
Tags: Penrice, Soda Ash, SASS Victoria
The news that Frank Martin is to retire from his role as Hornby chief executive was made to the city this morning, as the company also outlined a senior team restructure below board level. Martin (pictured) has held the position of chief ...
Tags: Frank Martin, Chief Executive
Over the past two weeks, glass manufacturing workers at CSR Viridian’s plants in Sydney and Melbourne have spoken to World S ocialist W eb S ite correspondents about the closure and merger of facilities that will cost more than 200 ...
Tags: CSR glass, glass, glass industry
Glass brings beauty to us; it is an indispensible material in our life, a senior official of the International Commission on Glass (ICG) said in an exclusive interview with China Daily. China is currently the world leader in float glass ...
Tags: glass industry, glass, float glass
Marimekko Corporation starts statutory employer-employee negotiations on potential permanent staff reductions concerning the personnel of its manufacturing operations located in Sulkava and Kitee, Finland as well as the adjacent factory ...
Tags: textile printing factory, textile printing, textile factory
Suntech Power Holdings, a China-based solar firm, has announced that it has received from the trustee of its 3% convertible notes a notice of default and acceleration relating to Suntech's non-payment of the principal amount of US$541 ...
Tags: solar firm, solar, Suntech
The Australian dollar fell after the Cypriot parliament failed to pass a bank deposit tax that was a condition of a bailout for the island nation. At 6.30am AEDT the local unit was trading at 103.63 US cents, down from 103.80 cents at ...
Tags: Australian dollar, US cents, European Union
ThyssenKrupp AG has pointed Ulrich Leher as new chairman of its supervisory board, replacing Gerhard Cromme who announced his resign last week. The Lehner would restructure the supervisory board and make corporate governance and compliance ...
Tags: Steel business, Steel, ThyssenKrupp