Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
L.L.Bean announced its fiscal 2015 sales were flat as well as its intention to pay performance bonuses to employees. For the fiscal year ending February 28, 2016, L.L.Bean reported annual net sales of $1.6 billion, essentially level with ...
REI reported sales reached a record $2.4 billion in 2015 after a second consecutive year of nearly double-digit growth. Sales increased 9.3 percent from $2.2 billion in 2014, or 11 percent when adjusting for an extra 53-week of sales ...
DSW Inc., as expected, reported earnings in the fourth quarter plunged 61.8 percent to $11.8 million, or 14 cents a share. Results came in ahead of Wall Street's average estimate of 8 cents a share. Comps inched up 0.8 percent in the ...
Tags: DSW, Roger Rawlins, Milestones, Achievements, Q4 earnings
Solazyme is focusing the company exclusively on food, nutrition and specialty ingredients, harnessing the power of its transformational algae innovation platform. The evolution leverages over a decade of R&D and product development on an ...
Tags: Solazyme, Transformational algae, R&D, Food
Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...
The European Commission has approved Switzerland-based meat processor Bell Food Group‘s acquisition of Austrian poultry producer Huber Group. The financial terms of the deal have not been disclosed. The acquisition was announced on 16 ...
Tags: European Commission, Bell Food Group, Huber Group, Acquisition
China-based protein food developer Sino Agro Food (SIAF) has effected management changes to expand its brand in Europe. SIAF has announced that Bertil Tiusanen has resigned from his position as the CFO and has taken up the role of New ...
Tags: SIAF, Expansion in Europe
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products,announced strong results for the quarter and year ended December 31 , 2015 and ...
Tags: Supremex, envelope market
Broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA says that, on 18 February, II-VI Inc of Saxonburg, PA, USA delivered a set of proposed amendments to its 15 January agreement to acquire ...
Tags: wireline communication
Cabela's Inc. reported that adjusted for certain items, net income in the fourth quarter increased 9.5 percent to $86.8 million, or $1.26 a share, exceeding Wall Street's consensus estimate of $1.21 with the help of cost control ...
Tags: Cabela, Sporting Goods
Canada-based organic food company SunOpta has entered into an agreement to sell Opta Minerals business to Speyside Equity Fund for CAD$6.2m ($4.4m), in order to focus on its core business of food distribution. The acquisition proposal has ...
Tags: SunOpta, organic food
FormFactor Inc of Livermore, CA, USA (which provides wafer test technologies and expertise) has agreed to acquire Cascade Microtech Inc of Beaverton, OR, USA (which provides equipment enabling precision contact, electrical measurement and ...
Tags: LED devices, wafer
Swiss food company Nestle is planning to acquire the remaining stake of 36.3% in Israel-based food manufacturer Osem for $840m. Nestle had originally invested in Osem around two decades ago, when it had taken 63.7% stake in the company, ...
A confident Character Group has detailed a number of new appointments to take it to continued growth throughout 2016. The Character Group is celebrating strong Christmas sales as it sees revenue in the current financial year rise six per ...
Tags: Character Eyes, Toys